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PLEASE ANSWER ALL FOUR QUESTION AND NEED THIS WRITTEN IN YOUR OWN WORDS

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PLEASE ANSWER ALL FOUR QUESTION AND NEED THIS WRITTEN IN YOUR OWN WORDS AND HAVE 3 REFERENCES WITH CITATIONS. THIS

WILL BE TURN IN AT TURNITIN.COM. ATTACH BELOW IS THE GRATING RUBRIC FOR THE ASSIGNMENT!

Chapter 4: Questions 1 and 3

Question 1: Why does the contemporary view of procurement as a strategic activity differ from the more traditional view of purchasing?

Question 3: How does lowest TCO differ from lowest purchase price?

Chapter 5: Questions 3 and 6

Question 3: Why would a company’s costs of manufacturing and procurement tend to increase as the firm changes from a MTP to a MTO strategy? Why would inventory costs tend to decrease?

Question 6: What are the key elements of design for manufacturing and for logistics? ATTACHMENT PREVIEW Download attachmentGrading Criteria Rubric for Written AssignmentsGSCM550 – Logistcs, DisTributon and WarehousingWritten Assignments – 50 points:WhatConsiderationsDeductionsAddressing assignedquestionsAll Qs addressedQuality and thoroughness ofresponsesThoughtful discussion beyondrepeating what is in the book25% per questionCorrect use of citations torelevant readingsCiting material referenced fromclass readingsUsing quotes when material isdirectly copiedIncluding page numbersUp to 10%ContentsAPA StyleDiscussion QuestionAnswer with citationsSpecific areas of Supply chainmanagementReferences (2 – 3)Length of each question ( 200 –300 words)40 – 50%LatenessPer Syllabus5% 1 day late10% 2 days late15% 3 days late

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