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Chapter 12 presents several concepts related to planning for both the buyer and the supplier. Select two of these concepts (project management, learning-curve analysis, value

Chapter 12 presents several concepts related to planning for both the buyer and the supplier. Select two of these concepts (project management, learning-curve analysis, value analysis, value engineering, quantity discount analysis, process mapping, and value stream mapping) and describe how these methods are significant to the buyer and the supplier as they are planning and evaluating cost, delivery, quality, reliability, etc. in driving competitive success for their organization.

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