Chapter 5 Problems
a) The current cycle time is 50 sec.
b) The efficiency of the process:
E = (45+32+38+50+42)/ (5*50) = 0.828 x 100 = 82.8%
c) Hourly product rate of the current process:
Output per hour = (60 mins* 60sec) / 50 sec = 72 unites/hour
Chapter 7 Homework
1. Akers Inc. maintains average inventory of $1,900,000 (at cost).
Last year, Akers sales volume was $19,000,000 and cost of goods
sold was $7,790,000. Akers has determined that its inventory carrying
cost is 15 percent annually.
Chapter 2 Discussion
1. Core capability represents a firm own distinctive systems, skills, and or processes to a
company. This ranges from behaviors including attention to communication, managing,
performance, written communication, bui
Chapter 1 Discussion
Recently purchased service for my car: Oil change service
Selecting several oil change services.
Comparing and evaluating their service base on different sources such as cost, quality,
online rating, exp
Chapter 3 Problems
a) Maximum capacity
Operation A: 400
Operation B: 100 + 80 + 150 + 125 = 455
Operation C: 350 (Bottleneck)
Operation D: 190 + 235 = 425
The maximum capacity of the line is 350 units per hour.
b) Effective capacity
Advanced Topics in Operations and Supply Chain Management
Supply Chain Test 2:
Deriving the EOQ
o Q*=Square root: 2DS/H= Price/unit x %
Expected number of orders
Expected Time between orders = T=1/N
D= Demands per year
S= Setup (orders) cost per orders
H= Holding (carrying) cost = Price pe
Please list and describe different types of air cargo services.
As shipping goods through air has increased, so have the selection of services available
for air cargo. The list includes:
- Air Mail
- Express Airfreight
- Scheduled Airfreight
- Charter Air
Inventory Control Models
Inventory is an expensive and important
asset to many companies.
Inventory is any stored resource used to
satisfy a current or future need.
Common examples are raw materials, workin-process, and finished
Managers are always trying to reduce
uncertainty and make better estimates of what
will happen in the future.
This is the main purpose of forecasting.
Some firms use subjective methods: seat-of-the
pants methods, intu
Linear Programming Models:
Graphical and Computer
Many management decisions involve trying
to make the most effective use of limited
Linear programming (LP)
LP is a widely used
mathematical modeling technique de
What are the elements that differentiate international logistic and domestic logistics?
International and domestic logistics have more aspects that are the same, then are
different. With that in mind, though, there are a few key differences t
Describe some of the risks that an air shipment faces.
With the explosion of the technological era, air shipments have becoming increasingly
common. The modern consumer now expects products purchased online to arrive on their
Several people claim that Letters of Credit will eventually-soon-be replaced by the concept of "TradeCard." What is this product, and why do these people think it has such a bright future?
The Trade Card has numerous advantages that many peop
Explain the concept of a "flag." Why does a ship need a flag? Why would an owner choose to
fly a "flag of convenience"?
A flag is the identifier of what nationality the ship sails under. By picking a countrys flag, a ship
is subject to all laws imposed by
Chapter 4 Discussion
Question: Why would a company decide to franchise abroad?
There are many factors that would cause a company to franchise abroad.
Specifically, though, market share gains and the expansion of product lines, drives
domestic businesses o
What is the Incoterm that is most exporter-friendly? Why?
As globalization began to take off after the World Wars, the International Chamber of
Commerce emerged to create regulations that facilitated the importing and exporting of goods.
Question: What are the differences between mediation and arbitration? How different are
they from proceeding in a Court of Law?
Mediation and arbitration are both ways two parties can come to a resolution over a
legal matter. Both differ not onl
Orders Per Year
169.7056275 11.3137085 63.3567675886 $
Running Head: Global supply chain adaptations to improve financial performance
Case Study: Factors and Stages of Supply Chain Management in China
Central Washington University
Course: SCM 475: Global Supply Chain Strategy
Professor: Dr. Kun Lia
Review Questions for Chapter 13
1.Which of the following is not one of the popular definitions of negotiation as presented in the text? 498
a. A negotiation is an interactive communication process that may take place whenever we
want something from someon
Name: Juan Munoz
Course: SCM 425
Case Study: Integrating Global Engineering and Procurement At Air Products
Why was it important for Air Products to develop a global engineering and procurement
process? What are the primary objectives of the process?