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i) What are the factors which lead to batching of orders within a supply chain? What actions can minimize large batches and improve coordination?
i) What are the factors which lead to batching of orders within a supply chain? What actions can minimize large batches and improve coordination? (10%) (200 words total) Factors Explain how each batching of order factor contributes to What actions from the supplier side can be taken to minimize Fixed cost due Fill in here to transportation Pricing batching? Fill in here Fill in here Fill in here ii) Describe the impact of forecasts based on orders rather than actual customer demand and how would this lead to order boom and bust? (Hint: you could try to argue using the EOQ formula). What are some strategies to reduce this fluctuation? (20%) (200 words)
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