Pretend that you are running a small business. Select something with a scale small and relatable (e.g. pizza place; coffee shop; small bakery) and something fun. Assume you are producing only one product (e.g. one type of pizza, one type of pastry, one type of beverage, etc.). Then consider the following:

1. Describe the variety of inventory you will carry in stock (e.g. cheese, flour or maybe you will purchase a premade crust you decide). How much inventory will you carry (e.g. weeks or days worth of supply)?
2. Where will you source from and how will you decide the frequency of orders (e.g. local with frequent deliveries or large distributor)? Why?
3. Are there any other products you can produce from the inventory you have in stock? Be creative (e.g. a calzone can be made from pizza ingredients).

Attached is my assignment for this week. Please follow instructions all the way through and give the best work you can. If there are any questions or you cannot open links or pdf. please let me know through email or chat once bid is accepted. The course book in pdf. format will be one of the attachments as well as this weeks assignment rubric. Thank you!  

1. Briefly define holding costs and inventory costs, and explain the relationship between the two when defining an inventory policy.
2. Find at least one business example of a fixed-order quantity system versus a fixed period quantity system. What are their differences? Which do you think is better and why?
3. Briefly describe the concept of the ABC inventory classification model.
4. Identify an example of VMI. Explain the benefits to both the vendor and retailer. Identify some of the risks for both parties.

 
Brazil Chapter 9- Regional Economical Integration

You will be doing the IB News Assignment on the same country throughout the semester.

Your assignment is to follow the International Business news about the country you chose. You are to find and briefly summarize and analyze an article that is related to the topic of each chapter we are covering in the unit. Your analysis should reflect a good understanding of the concepts in the chapters up to this point. You are required to use reliable sources (ex: The Economist, Business Week, scholarly articles, etc.; Wikipedia is NOT acceptable) and cite them in the APA style. You may also post the article in addition to providing its reference.

You cannot post the same news about the same country that a classmate posted earlier in the week. Several students may choose the same country, just make sure you do not post the same article.

You are welcome to comment on each others postings and enhance your learning experience.

How to reach reliable sources?
Through the .
ABI/INFORM, globalEDGE, Factiva are some of the databases that will be useful.

How to cite sources in the APA style?
Go to the  tab in the International Business Research Guide.