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Table 7-6 Output Per Hour Production and Production

question 137

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Table 7-6
Output per hour Production and Production
of work Consumption without Trade with Trade
Table 7-6 Output per hour Production and Production of work Consumption without Trade with Trade    Estonia and Morocco can produce both swords and belts.Each country has a total of 40 available labor hours for the production of swords and belts.Table 7-6 shows the output per hour of work,the production and consumption quantities without trade,and the production numbers with trade. -Refer to Table 7-6.All of the following are terms of trade that could possibly benefit both countries except A) 2/3 of a belt : 1 sword. B) 4/5 of a belt : 1 sword. C) 7/10 of a belt : 1 sword. D) 1/4 of a belt : 1 sword. Estonia and Morocco can produce both swords and belts.Each country has a total of 40 available labor hours for the production of swords and belts.Table 7-6 shows the output per hour of work,the production and consumption quantities without trade,and the production numbers with trade.
-Refer to Table 7-6.All of the following are terms of trade that could possibly benefit both countries except

Appreciate the role of product fill rate and order fill rate in measuring supply chain performance.
Recognize the strategies for managing supply chain risks such as demand volatility and supply uncertainties.
Grasp the concept of echelon inventory and its significance in supply chain visibility.
Understand the concepts of safety inventory and its impact on fill rate and cycle service level.

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