Ass\'t 3 First TEST Pool of questions PDF

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Assessment 3 First closed book in class online TEST Pool of discussion questions and case studies Discussion questions WEEK 1 Chapter 1 1. Describe the concept of an “integrated supply chain” that begins with the supplier’s supplier and ends with the final consumer. pp. 12-16 2. Supply chain managers should be concerned about four flows in their organizations. What are these four flows, and why are they important? How are they related to each other? pp 16-18 3. What are the differences and similarities between outbound and inbound logistics system? What industry would place heavier emphasis on the inbound and lighter emphasis on the outbound logistics system? What industry would place lighter emphasis on the inbound and heavier on the outbound logistics system?

Chapter 3 1. Discuss the ways in which logistics contributes to economic value in the economy and in an organisation. pp 55-58 2. Explain the relationship among manufacturing, marketing, finance and logistics. What are the trade-offs? pp 65-68 3. What product characteristics affect logistics costs? Discuss the effects of these characteristics on logistics costs. pp 71-74 WEEK 2 Chapter 7 1. There are two types of demand. What are they, and how do they influence the supply chain? pp 209-212 2. What are some of the logistical problems that may arise when supply and demand for a product are not aligned properly? What are some of the methods used to soften the effects of this imbalance? pp 212-213 3. What are the basic types of forecasts? What are their strengths and weaknesses? pp 213-222 4. What are the similarities between the Collaborative Planning Forecasting and Replenishment (CPFR) and Sales and Operations Planning (S&OP)? What are the differences? pp 222-227 1

WEEK 3 Chapter 5 1. There are four types of products and services that are purchased with varying degrees of importance. Name all four and discuss them in terms of risk and value. pp 142-145 2. A key part of the procurement process is the selection of suppliers. What criteria are commonly used in this selection process? Which criteria should be given the highest priority? Why? pp 145-150 3. What is meant by supplier “certifications and registrations”? Of what relevance are these to the supplier selection process? 4. The total procurement price is more than just the basic purchase price. There are other components to consider. What are the components of the total acquired cost? Name these components, and discuss the primary considerations of each. pp 153-154 5. Describe the different types of e-commerce business models available for procurement and point out their respective benefits and disadvantages. pp 155-160

WEEK 4 Chapter 6 1. Discuss trade-offs between production operations and other supply chain functions and corporate strategies. pp 175-176 2. Compare and contrast push-based production strategies with pullbased production strategies. What are the primary capabilities, advantages, and disadvantages of each? pp 178-184 3. Discuss the three planning timeframes, how they relate to capacity planning and materials planning, and the various tools associated with them. pp 184-186 4. There are four production assembly processes. Name all four and discuss them in detail. Provide industry examples. pp 186-189 5. There are five production process layouts. List all five and discuss them in detail. Provide industry examples. pp 189-191

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WEEK 5 Chapter 9 1. Explain the differences between inventory carrying costs and ordering costs. pp 299-307 2. Compare and contrast the fixed quantity version of EOQ with the fixed interval version. In which situations would each be used? pp 316-333 3. What are push and pull systems and explain at least one inventory management system that is a push and one that is a pull system. pp 334-347 4. What are the benefits of classifying inventory using ABC analysis? What are the different types of criteria that could be used to classify inventory? pp 347-350 Case studies Coyle, J., Langley Jr., C. John, Gibson, Brian, & Novack, Robert A. (2017). Supply chain management: A logistics perspective (10th ed.). Mason, OH: South-Western Cengage Learning. Week 1 Chapter 3 Case study 3.2 Senco Electronic Company, p.80

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Week 3 Chapter 7 Case study 7.1, Tires for you, Inc. pp 229-230 Case 7.1 Tires for You, Inc. Set Up Period 2010 October November December 2011 January February March April May June July August September October November December

Demand 9,797 11,134 10,687

10,696 9,665 10,179 11,760 9,150 9,571 8,375 11,826 10,696 11,212 9,750 9,380

1. Calculate a forecast using a simple three-month moving average. 2. Calculate a forecast using the exponential smoothing method. Assume a forecast for December 2010 is 9,500. Use alpha = 0.40. 3. Once you have calculated forecast based on the above data determine the error and calculate Mean average deviation (MAD) as a measure of 4

forecast error for both forecasts. Which method produced better result? How could you improve upon this forecast? Week 5 Chapter 9 Case study 9.2 Baseball Card Emporium, p. 357

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