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Posted: October 2nd, 2022
Describe product life cycle in general terms
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Directions
IV. Analyze product life cycle with regard to reverse logistics and provide chains in general and with regard to your chosen group.
a) Describe product life cycle in general terms. That’s, what are the levels of a product’s life cycle? How do issues like manufacturing time (i.e., from uncooked supplies to completed, marketable good) and product shelf life impression the general worth line of merchandise?
b) Talk about the potential for a reverse logistics mannequin to cut back prices in terms of product life cycle. In different phrases, when is it and when is it not value efficient to return merchandise by a reverse logistics mannequin?
c) Talk about the potential for a reverse logistics mannequin to optimize the provision chain in terms of product life cycle. In different phrases, are there components of the provision chain that may very well be lowered or eradicated (ensuing in total value financial savings) by implementing reverse logistics?
d) Analyze the connection between product life cycle and reverse logistics with regard to your chosen group. How may the connection profit your group in terms of value financial savings and provide chain optimization?
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