Asked by Edward Chang on Jul 21, 2024
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The supply chain network is designed to maximize total profits,taking into account the expected margin and demand in each market,various logistics and facility costs,and the taxes and tariffs at each location.
Tariffs
Taxes or duties to be paid on a particular class of imports or exports, affecting the price and demand for goods.
Logistics
The management of the flow of goods, services, and information between the point of origin and the point of consumption to meet customer or corporate requirements.
Taxes
Mandatory financial charges or levies imposed by a government on individuals or organizations to fund public expenditures.
- Appreciate how the supply chain network design maximizes total profits.
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Learning Objectives
- Appreciate how the supply chain network design maximizes total profits.
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