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You are planning to open a bottling plant and sell water bottles to RMIT students. After the product design stage, you decide to sell the
You are planning to open a bottling plant and sell water bottles to RMIT students. After the product design stage, you decide to sell the water bottles which are cheaper than other brands in the market like Evian, Alpha, Mount Franklin or Pump with funny design that attracts young people. The bill of material includes water, labels and plastic bottle and you forecast that the demand is 10,000 bottles per month. You then search for cheap suppliers of those components, obtain the data and start the plan for MRP and inventory management. How should your product design and/or production plan and/or inventory management policies be adapted to deal with this challenge
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