What are the pros and cons of the following proposals mentioned in the case: a European factory, better forecasting, and more inventory?
a) European factory may reduce shipping costs but increase production costs; better forecasting can minimize overstocking but requires accurate data; more inventory ensures product availability but increases storage costs.
b) European factory may lead to cultural integration issues; better forecasting may increase administrative costs; more inventory may lead to obsolescence.
c) European factory may improve quality control; better forecasting may improve customer satisfaction; more inventory may decrease supply chain efficiency.
d) European factory may decrease lead times; better forecasting may increase production efficiency; more inventory may improve market responsiveness.
