Select a commodity that you believe might be chosen for a strategic commodity analysis in the industries listed below. Describe the factors impacting each commodity, using a Porter Five Force analysis (described earlier in this chapter). Justify why you believe the commodity is strategic to that industry, and the approach to be used in developing a commodity strategy.

Oil (West Texas intermediate) versus gasoline (discuss differential)

Metal
Chemicals
Plastic resins
Shipping
Wood products and other production materials
Aeronautical equipment
Machine Tools
Telecommunications
Paper

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Acompany manufactures hair dryers. it buys some of the components, but it makes the heating element, which it can produce at the rate of 920 per day. hair dryers are assembled daily, 250 days a year, at a rate of 360 per day. because of the disparity between the production and usage rates, the heating elements are periodically produced in batches of 2,300 units. a. approximately how many batches of heating elements are produced annually? b. if production on a batch begins when there is no inventory of heating elements on hand, how much inventory will be on hand 4 days later? c. what is the average inventory of elements, assuming each production cycle begins when there are none on hand?

Why is it vital to maintain a designer worksheet? a. it separates the designs chosen for the season from those rejected by the company. b. it keeps a record of all designs created by the designer for a season. c. it charts out the development of an entire line through the season and beyond. d. it tracks the development of a design along with costing and production details. done