Bus Adm 476/786 Lec 203 Logistics and Transportation Management
Problem 1. (Chapter 1: Business Logistics/Supply Chain-A Vital Subject) Suppose that a
manufacturer of mens shirts can produce a dress shirt in its Houston, Texas plant for $8 per
1) What sorts of tactics were used by Salvador Allende to become the first
Marxist to become president in a demographic election? How did he relate
and inspire the people?
2) In the 1960s, if it was well known that foreign,
Chapter 1: Introduction.
What Is A Supply Chain?
The system of suppliers, manufacturers, transportation, distributors, and vendors that exists to
transform raw materials to final products and supply those products to customers.
A supply chain consists o
Chapter 12: Managing Uncertainty in the Supply Chain: Safety Inventory
The role of safety inventory in a supply chain
Determining the appropriate level of safety inventory
The Role of Safety Inventory in a Supply Chain
Forecasts are rarely completely ac
Q.1-4 The operations manager for a well-drilling company must recommend whether to
build a new facility, expand this existing one, or do nothing. He estimates that long-run
profit (in thousands of dollars) will vary with the amount of precipita
Chapter 5: Decision Theory
Introduction to decision theory:
Expected Monetary Value (EMV)
Maximin, Maximax, Laplace, Minimax regret
Expected Value of Perfect Information
Decision Tree Analysis
#1An electrical contractors records during the last five weeks indicate the number of
the job requests:
Predict the number of requests for week 6 using each of these methods:
b.A four-period moving avera
1. What is Seven-Eleven Japans competitive strategy?
Seven-Eleven is seeking to satisfy customers through making their products:
o Better quality
o Highly available
o At low prices
o Varity of products (to increase initial invento
This homework is based on Chapter 11 (cycle inventory). Please review Examples of 11-3 and
11-4 in the lecture note/text book before working on it. For all the problems, to receive full
scores, you have to show your complete and accurate work.
Exam 1 Review Questions
A supply chain includes only the organizations directly involved in supplying components
needed for manufacturing.
A supply chain consists of all parties involved, directly or indirectly, in fulfilling a customer
Green Thumb, a manufacturer of lawn care equipment, has introduced a new product. The anticipated demand is
normally distributed with a mean of
= 100 and a standard deviation of
Each unit costs $150 to manufacture and the introductory pr
Weekly demand for Motorola cell phones at a Best Buy store is normally distributed with
a mean of 300 and a standard deviation of 200. Motorola takes two weeks to supply a
Best Buy order. Best Buy is targeting a cycle service level of 95 perce
An appliance manufacturer produces two models of microwave ovens: H and W. Both
models require fabrication and assembly work; each H uses four hours of fabrication and
two hours of assembly, and each W uses two hours of fabrication and six hour
BUS ADM 370
Introduction to Supply Chain Management
Homework 2 (25 points)
For all the problems, to receive full scores, you have to show your complete and accurate
work. If you only provide the final answers without showing your computation