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An entrepreneur wants to start a food manufacturing business in BC. He has estimated the market and would like to plan for the supply chain
An entrepreneur wants to start a food manufacturing business in BC. He has estimated the market and would like to plan for the supply chain department.
1. Explain all the supply chain processes he needs to run the business (be as specific as possible and consider different aspects of inbound/outbound logistics, processes, sustainability, etc.).
2. Given the following information, which strategy should he take for the quantity of 70,000 units (make or outsource)?
Make: variable cost=25; fixed cost=1,000,000
Buy: variable cost=40; fixed cost=1,000
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