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Hershey's ERP Project Failed Initially Because They Failed to Break

question 47

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Hershey's ERP project failed initially because they failed to break their existing:

Explain the relationship between inventory placement in the supply chain and inventory costs.
Understand the impact of supplier lead time on inventory levels.
Differentiate between continuous review and periodic review inventory policies.
Calculate safety inventory and reorder points (ROP) for given demand distributions.

Definitions:

Cryogenic Refrigerated Unit

A cooling system that uses very low temperature substances (cryogens) to achieve temperatures well below those possible with traditional refrigeration.

Liquid Nitrogen

A cryogenic liquid used for rapid cooling in various applications, including medical and industrial processes.

Liquid Asphalt

A form of asphalt used in construction and paving, known for its ability to create smooth, durable surfaces.

Hot Material, Tanker

A type of tanker truck designed to transport high temperature materials, such as asphalt or chemicals, safely.

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