1. after a review of the week's two readings (scholte chapters 1-3 and lerche 1998), answer the following questions. a. find three "conflicts of globalization" that remain persistent today. b. why are the problems associated with the three conflicts so difficult to solve? you may have to explain for each conflict. c. does the "market economy" or hinder finding solutions? remember to read your texts, watch any videos in the lesson overview, and read any other materials in week 1 lessons. include those ideas in your discussions. also, feel free to include a link to a current website or a journal article to share with your classmates to support your views.

M. cotteleer electronics supplies microcomputer circuitry to a company that incorporates microprocessors into refrigerators and other home appliances. one of the components has an annual demand of 235 units, and this is constant throughout the year. carrying cost is estimated to be $1.25 per unit per year, and the ordering (setup) cost is $21 per order. a) to minimize cost, how many units should be ordered each time an order is placed? b) how many orders per year are needed with the optimal policy? c) what is the average inventory if costs are minimized? d) suppose that the ordering cost is not $21, and cotteleer has been ordering 125 units each time an order is placed. for this order policy (of q = 125) to be optimal, determine what the ordering cost would have to be.