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Scenario: International Manufacturing & Trading

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Scenario: International Manufacturing & Trading
International Manufacturing & Trading (IMT) is a medium-sized, U.S.company rapidly expanding in the Asian and Far East markets.The company has decided to open a manufacturing plant in Taiwan and Malaysia.IMT will send top key managers from the U.S.office and will hire the lower level managers and employees from the local markets.IMT managers realize that there will be some cultural differences but are unsure of what and how much.
-IMT managers should make themselves aware that people in ____ tend to have high _______, whereas people in ______ tend to be ________.


Definitions:

Work Centre

A specific physical location where work is performed, often consisting of one or more machines or workstations and the labor force.

Resource Requirements Profiles

Resource Requirements Profiles are detailed outlines that specify the types and quantities of resources needed to complete a project or operation within a specified time frame.

Lot-Sizing Techniques

Methods used in production and inventory management to determine the optimal order size that minimizes costs and meets demand.

Holding Costs

Expenses associated with storing unsold inventory, including warehousing, insurance, and depreciation costs.

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