1. Explain 4 different configuration of supply chain with the type of product each configuration fits...
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1. Explain 4 different configuration of supply chain with the type of product each configuration fits best. 2. Using the following information about material volume shipped from a factory to four retail outlets, find the best location for the factory using the center of gravity method. Store # Location (in x.x, coordinates) Material flows 1 18,6 2 3 4 12,15 7,10 7,20 1,000 2,100 1,900 3,200 3. A paint manufacturing performs toxicity tests at in-house laboratory (lab) now. The new CFO noticed rapidly increasing lab cost and starts to consider outsource toxicity tests to a third-party lab. The fixed cost of the in-house lab is $800,000 and the weighted average variable cost per test if performed in-house is $28.75. A third-party lab located one city block from the company will perform the same tests and distribute the results electronically to the company at a price of $32.00. If the annual volume last year was 250,000 tests, should the company outsource or make-in-house? 4. Identify and explain the four EPIC dimensions with at least one example to help location facilities around the world. 5. Explain how manufacturing and geographical postponement works with an example for each type. What is the main purpose of postponement? - Sales: $23.5 million 6. As a newly appointed Chief Supply Chain Officer at Yonsei Medical Devices, you want to figure out the company's cash-to-cash conversion cycle and make decision (s) to improve the company's performance. Here are pieces of financial data you may utilize: - Cost of goods sold: $20.8 million - Operating weeks a year: 50 - Total average on-hand inventory (average inventory value): $2,150,000 - Accounts receivable: $2,455,000 - Accounts payable: $3,695,000 1. Explain 4 different configuration of supply chain with the type of product each configuration fits best. 2. Using the following information about material volume shipped from a factory to four retail outlets, find the best location for the factory using the center of gravity method. Store # Location (in x.x, coordinates) Material flows 1 18,6 2 3 4 12,15 7,10 7,20 1,000 2,100 1,900 3,200 3. A paint manufacturing performs toxicity tests at in-house laboratory (lab) now. The new CFO noticed rapidly increasing lab cost and starts to consider outsource toxicity tests to a third-party lab. The fixed cost of the in-house lab is $800,000 and the weighted average variable cost per test if performed in-house is $28.75. A third-party lab located one city block from the company will perform the same tests and distribute the results electronically to the company at a price of $32.00. If the annual volume last year was 250,000 tests, should the company outsource or make-in-house? 4. Identify and explain the four EPIC dimensions with at least one example to help location facilities around the world. 5. Explain how manufacturing and geographical postponement works with an example for each type. What is the main purpose of postponement? - Sales: $23.5 million 6. As a newly appointed Chief Supply Chain Officer at Yonsei Medical Devices, you want to figure out the company's cash-to-cash conversion cycle and make decision (s) to improve the company's performance. Here are pieces of financial data you may utilize: - Cost of goods sold: $20.8 million - Operating weeks a year: 50 - Total average on-hand inventory (average inventory value): $2,150,000 - Accounts receivable: $2,455,000 - Accounts payable: $3,695,000
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QUESTION ONE There are many different configurations of supply chains and the best configuration for a particular product will depend on a number of factors including the type of product the market it ... View the full answer
Related Book For
Applied Regression Analysis and Other Multivariable Methods
ISBN: 978-1285051086
5th edition
Authors: David G. Kleinbaum, Lawrence L. Kupper, Azhar Nizam, Eli S. Rosenberg
Posted Date:
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