Inventory Control Build It and They Will Case Study

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Inventory Control

Build it and They Will Text

Walk down any street and it seems like everyone on it is communicating with a PDA of some sort if one includes the data capabilities of smart phones. Thus any invention that would increase the capacity of PDAs has the potential to bring in a very large amount of money, not to mention the gratitude of millions of people. Ken Burton is thus making a wise decision to invest in his invention. However, wise as the decision may be, it remains a complex exercise. The following analysis suggests an efficient way for Burton to invest his initial funding of $250,000. Because we are given only the barest details about the invention I have had to make some assumptions garnered from the manufacture of PDAs and smart phones.

One of the initial decisions that Burton must make in terms of setting up his manufacturing process is how far back in the manufacturing process he wants to go. A cake baked from scratch does not usually include growing one's own wheat, but it can. We are not given any specifics about the invention in terms of its physical design, but we can assume that it is made out of similar materials to cell phones in general.

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These include a wide range of elements, many of which are toxic to work with at least under some circumstances and difficult to acquire in others because they are only found in areas of the world where social conditions are problematic.

Among these elements are antimony, arsenic, beryllium, cadmium, lead, mercury, nickel, palladium, silver, and tantalum. While Burton could hire miners….....

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https://www.aceyourpaper.com/essays/inventory-control-build-81468
   

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