Explain how extensive customization from market to market may cancel out some of the benefits of global trade for a company
What will be an ideal response?
One of the chief benefits of global trade is the efficiency obtained from scale economies; extensive customization will undo any of these gains, as the marketing mix changes from nation to nation.
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Indicate whether the statement is true or false
Fairview Industries is preparing its aggregate plan for the second half of the year. The table below contains monthly demand estimates and working days per month
Complete the table by computing total demand, demand per day (for each month), and the average requirement (in units per day) over the six-month planning horizon. Prepare a graph of forecast demand and level production, by months, for the planning period. Label your graph carefully. Month Expected Demand Production Days Demand per Day July 18,000 20 August 21,000 23 September 17,500 21 October 12,500 21 November 12,000 20 December 13,500 21 TOTAL