Assignments have to be provided in typewritten from via the course site on CLEW. COLLABORATION is ALLOWED, BUT EACH STUDENT HAS TO SUBMIT HIS / HER OWN, ORIGINAL WORK.
Assignments have to be provided in typewritten from via the course site on CLEW. COLLABORATION is ALLOWED, BUT EACH STUDENT HAS TO SUBMIT HIS / HER OWN, ORIGINAL WORK.
Assignments have to be provided in typewritten from via the course site on CLEW. COLLABORATION is ALLOWED, BUT EACH STUDENT HAS TO SUBMIT HIS / HER OWN, ORIGINAL WORK.
Assignments have to be provided in typewritten from via the course site on CLEW. Submit your work as a single file ( in MS Word format and excel if any). Please make sure to provide your name/ID in the submitted file header.
COLLABORATION IS ALLOWED, BUT EACH STUDENT HAS TO SUBMIT HIS/HER OWN, ORIGINAL WORK.
Grading: M/C questions 3 pt. each Short answer questions 5 pts. each Computation problems 20 pts. each Total max. points: 3*3+2*5 + 20*4 = 99
(Please print your solutions)
1. Multiple Choice Questions
1) Supply chain profitability is A) not correlated to the value generated by the various stages of the supply chain. B) the total profit to be shared across all supply chain stages. C) the difference between the revenue generated from the customer and the overall cost across the supply chain. D) the total revenue generated by the distributor stage of the supply chain. E) B and C only Answer: E
2) Which of the following is not a cycle in the supply chain cycle view? A) Customer order cycle B) Replenishment cycle C) Manufacturing cycle D) Procurement cycle E) All of the above are part of the supply chain cycle view. Answer: E
3 ) Which of the following is not an accurate statement about pull processes? A) May also be referred to as speculative processes. B) Execution is initiated in response to a customer order. C) At the time of execution, demand is known with certainty. D) May also be referred to as reactive processes. E) All of the above are accurate. Answer: A
2. List three policies and procedures that govern cycle time (lecture 3) Any three of below: Inventory stock policies and levels Order picking - processing priorities Transportation mode selection Back order procedures
3. List two strengths of Qualitative methods:
Any two of below:
Highly responsive to latest changes in environment. Can include inside and soft information difficult to quantify. Can compensate for one-time or unusual events. Provide user with a sense of ownership.
4. Computation problems (20 points) Beta Products is planning
What effective storage space is needed in square feet excluding aisle, office, and other space requirements?
Solution: We can develop an 80-20 curve based on 30 percent of the items accounting for 70 percent of sales. That is,
5. Computation problem (20 points)
Four trucks, 1, 2, 3, and 4, are waiting on a loading dock at XYZ company that has only a single service bay. ..
Solutions FCFS
Sequence Completion Time Flow Time Tardiness
1 1:20 20 0 2 1:34 34 0 3 2:09 69 19 4 2:19 79 49
Total 202 68
Mean flow time = 202/4 = 50.5 Average tardiness = 68/4 = 17 Utilization = 79/202 = 39%
SPT
Truck Completion Time Flow Time Tardiness
4 1:10 10 0 2 1:24 24 0 1 1:44 44 19 3 2:19 79 29
Total 157 48
Mean flow time = 157/4 = 39.25 Average tardiness = 48/4 = 12 Utilization = 79/157 =50.3%
EDD Unloading Completion Truck Time Time Flow Time Tardiness 1 20 1:20 20 0 4 10 1:30 30 0 2 14 1:44 44 0 3 35 2:19 79 29
Total 173 29
Mean flow time = 173/4 = 43.25 Average tardiness = 29/4 = 7.25 Utilization = 79/173 =45.7%
6. Computation problem (20 points) Observed weekly sales of ball peen hammers at the town hardware store over eight- week period have been 14, 9, 30, 22, 34, 12, 19, 23.