i need help with this discussion question 4

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  • Being a small-business owner such as a custom framing store, a restaurant, a garage, or a specific small local business of your choice, apply the basic supply management principles to the acquisition of services.
  • Discuss the trade-offs of quantity, quality, and cost in a small business such as a custom framing store, a restaurant, a garage, or a specific small local business of your pick.
  • Planning systems such as MRP and CRP might be overkills for a small-business owner. Devise a simplified version of an MRP and/or CRP such as a supply planning chart or a supply planning template for a small local business. A local small business could be a custom framing store, a restaurant, a garage, or a specific small local business of your pick.

*Your response should consist of approximately 150-200 words and meet the criteria in the rubric.

*Your initial post should break down each questions into multiple parts and provide a minimum of a 5-7 sentence paragraph to discuss each part of the discussion question. If the question has three different parts to it, your responses should consists of at least three paragraphs. It is recommended that you provide a general overview of the topic, provide an answer to the discussion questions and follow it up with the explanation and rationale of how/why you came to that answer. Multiple questions should be answered individually and in detail. Break up different areas of the discussion using proper paragraph format