Question: Course is Operation Management 1. Note in the article that the average shipping time from China to the United States is about 30 days. How

Course is Operation Management

1. Note in the article that the average shipping time from China to the United States is about 30 days. How does this lead time impact inventory levels at United States facilities? 2. Risk management should involve development of contingency plans as the article mentions. Identify three potential issues that could arise with the Chinese New Year slowdown. For each potential issue, list several ideas that could be explored as potential contingency plan solutions. ARTICLE: EFFECT OF CHINESE NEW YEAR ON INVENTORY MANAGEMENT: How to Avoid Producing and shipping D... Share HOW TO AVOID PRODUCING AND SHIPPING DELAY BY THE CHINESE NEW YEAR 1. Note in the article that the average shipping time from China to the United States is about 30 days. How does this lead time impact inventory levels at United States facilities? 2. Risk management should involve development of contingency plans as the article mentions. Identify three potential issues that could arise with the Chinese New Year slowdown. For each potential issue, list several ideas that could be explored as potential contingency plan solutions. ARTICLE: EFFECT OF CHINESE NEW YEAR ON INVENTORY MANAGEMENT: How to Avoid Producing and shipping D... Share HOW TO AVOID PRODUCING AND SHIPPING DELAY BY THE CHINESE NEW YEAR

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