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business
supply chain management 2nd
Supply Chain Management Strategy Planning And Operation 3rd Edition Sunil Chopra, Peter Meindl - Solutions
What is the impact of supply uncertainty on safety inventory?
Describe the two types of ordering policies and the impact that each of them has on safety inventory.
What are the pros and cons of the various measures of product availability?
Explain how a reduction in lead time can help a supply chain reduce safety inventory without hurting product availability.
What is the role of safety inventory in the supply chain?
Utilize managerial levers available to lower safety inventory and improve product availability.
Describe different measures of product availability.
Identify factors that influence the required level of safety inventory.
Understand the role of safety inventory in a supply chain.
The Orange company prices J-Pods at $550 per unit. Good Buy sells the J-Pods at $775.Annual demand at this retail price turns out to be 450,000 units. Good Buy incurs, ordering, receiving, and transportation costs of $10,000 for each lot of J-Pods ordered. The holding cost used by the retailer is
The Orange company has introduced a new music device called the J-Pod. The J-Pod is sold through Good Buy, a major electronics retailer. Good Buy has estimated that demand for the J-Pod will depend on the final retail price p according to the demand curve Demand D = 2,000,000 - 2,000p The
Crunchy, a cereal manufacturer, has dedicated a plant for one major retail chain. Sales at the retail chain average about 20,000 boxes a month and production at the plant keeps pace with this average demand. Each box of cereal costs Crunchy $3 and is sold to the retailer at a wholesale price of $5.
TopOil, a refiner in Indiana, serves three customers near Nashville, Tennessee, and maintains consignment inventory (owned byTopOil) at each location. Currently,TopOil usesTL transportation to deliver separately to each customer. Each truck costs $800 plus $250 per stop.Thus, delivering to each
PlasFib is a manufacturer of synthetic fibers used for making furniture upholstery. PlasFib manufactures fiber in 50 different colors on one line. When changing over from one color to the next, part of the line has to be cleaned, leading to a loss of material. Each changeover costs $200 in lost
Super Part, an auto parts distributor, has a large warehouse in the Chicago region and is deciding on a policy for the use ofTL or LTL transportation for inbound shipping. LTL shipping costs $1 per unit. TL shipping costs $800 per truck plus $100 per pickup. Thus, a truck used to pick up from three
Flanger is an industrial distributor that sources from hundreds of suppliers. The two modes of transportation available for inbound shipping are LTL (less than truckload) and TL(truckload). LTL shipping costs $1 per unit, whereas TL shipping cost $400 per truck. Each truck can carry up to 1,000
The Dominick's supermarket chain sells Nut Flakes, a popular cereal manufactured by the Tastee cereal company. Demand for Nut Flakes is 1,000 boxes per week. Dominick's has a holding cost of 25 percent and incurs a fixed trucking cost of $200 for each replenishment order it places with Tastee.
Reconsider Exercise 4 about Prefab. However, the manufacturer now offers a marginal unit quantity discount for the plywood. The first 20,000 square feet of any order is sold at $1 per square foot, the next 20,000 square feet is sold at $0.98 per square foot, and any quantity over 40,000 square feet
Prefab, a furniture manufacturer, uses 20,000 square feet of plywood per month. Their trucking company charges Prefab $400 per shipment, independent of the quantity purchased. The manufacturer offers an all unit quantity discount with a price of $1 per square foot for orders under 20;000 square
Harley purchases components from three suppliers. Components purchased from Supplier A are priced at $5 each and used at the rate of 20,000 units per month. Components purchased from Supplier B are priced at $4 each and are used at the rate of 2,500 units per month. Components purchased from
As part of its initiative to implement just-in-time (JIT) manufacturing at the motorcycle assembly plant, Harley has reduced the number of engines loaded on each truck to 100.If each truck trip still costs $1,000, how does this decision impact annual inventory costs at Harley? What should the cost
Harley Davidson has its engine assembly plant in Milwaukee and its motorcycle assembly plant in Pennsylvania. Engines are transported between the two plants using trucks, with each trip costing $1,000. The motorcycle plant assembles and sells 300 motorcycles each day. Each engine costs $500, and
Why is it appropriate to include only the incremental cost when estimating the holding and order cost for a firm?
Why do manufacturers such as Kraft and Sara Lee offer trade promotions? What impact do trade promotions have on the supply chain? How should trade promotions be structured to maximize their impact while minimizing the additional cost they impose on the supply chain?
What is the difference between lot size-based and volume-based quantity discounts?
When are quantity discounts justified in a supply chain?
The manager at the supermarket wants to decrease the lot size without increasing the costs he incurs. What actions can he take to achieve this objective?
As demand at the supermarket chain grows, how would you expect the cycle inventory measured in days of inventory to change? Explain.
Discuss how various costs for the supermarket change as it decreases the lot size ordered from Proctor & Gamble.
Consider a supermarket deciding on the size of its replenishment order from Proctor &Gamble. What costs should it take into account when making this decision?
Identify managerial levers that reduce lot size and cycle inventory in a supply chain without increasing cost.
Understand the impact of trade promotions on lot size and cycle inventory.
Devise appropriate discounting schemes for a supply chain.
Understand the impact of quantity discounts on lot size and cycle inventory.
Balance the appropriate costs to choose the optimal amount of cycle inventory in a supply chain.
Suppose Sandra's fears about increasing outsourcing costs come to fruition and the cost rises to $22/unit for subcontracting. Does this change the decision when the discount is $5?
How does the answer change if a discount of $10 must be given to reach the same level of impact that the $5 discount received?
Which option delivers the maximum profit for the supply chain: Sandra's plan, Bill's plan, or no promotion plan at all?
Why would a firm want to offer pricing promotions during its low-demand periods?
Why would a firm want to offer pricing promotions in its peak-demand periods?
How can a firm use pricing to change demand patterns?
Discuss how a company can get marketing and operations to work together with the common goal of coordinating supply and demand to maximize profitability.
What are some product lines that use common parts across many products? What are the advantages of doing this?
Discuss how you would set up a collaboration mechanism for the enterprises in a supply chain.
In what industries would you tend to see dual facility types (some facilities focusing on only one type of product and others able to produce a wide variety)? In what industries would this be relatively rare? Why?
Discuss why subcontractors can often offer products and services to a company more cheaply than if the company produced them themselves.
What are some obstacles to creating a flexible workforce? What are the benefits?
Use aggregate planning to maximize profitability when faced with predictable variability in a supply chain.
Manage demand to improve synchronization in a supply chain in the face of predictable variability.
Manage supply to improve synchronization in a supply chain in the face of predictable variability.
Return to the FlexMan data in Exercise 4.The company has signed a service-level agreement with its customers and committed to carry safety inventory from one month to the next that equals at least 15 percent of the following month's demand. Thus, FlexMan is committed to carrying over at least 0.15
FlexMan has identified a third party that is willing to produce routers and switches as needed. The third party will charge $6 per router and $4 per switch. AssUme all other data as in Exercise 4 except that hiring and layoffs are allowed as in Exercise 5.(a) How should FlexMan use the third party
Reconsider the FlexMan data from Exercise 4.The firm is considering the option of changing workforce size with demand. The cost of hiring a new employee is $700 and the cost of a layoff is $1,000. It takes an employee two months to reach full production capacity.During those two months, a new
FlexMan, an electronics contract manufacturer, uses its Topeka, Kansas, facility to produce two product categories: routers and switches. Consultation with customers has indicated a demand forecast for each category over the next 12 months (in thousands of units) to be as shown in Table
Reconsider the Skycell data in Exercise 1.Assume that the plant has 1,250 employees and a no-layoff policy. Overtime is limited to at most 20 hours per employee per month. Also assume no subcontracting option. Skycell has a team of 50 people who are willing to work as seasonal employees. The cost
Reconsider the Skycell data in Exercise 1.Assume that the plant has 1,250 employees and a no-layoff policy. Overtime is limited to 20 hours per employee per month. A third party has offered to produce cell phones as needed at a cost of $26 per unit (this includes component costs of $20 per
How can aggregate planning be used in an environment of high demand uncertainty?
If a company cmrently employs the chase strategy and the cost of training increases dramatically, how might this change the company's aggregate planning strategy?
How does the availability of subcontracting affect the aggregate planning problem?
What are the major cost categories needed as inputs for aggregate planning?
What types of industries or situations are best suited to the chase strategy? The flexibility strategy? The level strategy?
What are the main differences between the aggregate planning strategies?
What are the characteristics of these industries that make them good candidates for aggregate planning?
What are some industries in which aggregate planning would be particularly important?
Formulate and solve basic aggregate planning problems using Microsoft Excel.
Explain the basic trade-offs to consider when creating an aggregate plan.
Describe the information needed to produce an aggregate plan.
Understand the importance of aggregate planning as a supply chain activity.
Identify the decisions that are best solved by aggregate planning.
What information do the bias and TS provide to a manager? How can the manager use this information?
What information does the MAD and MAPE provide to a manager? How can the manager use this information?
·What is the problem if a manager uses last year's sales data instead of last year's demand to forecast demand for the coming year?
Give examples of products that display seasonality of demand.
Why should a manager be suspicious if a forecaster claims to forecast historical demand without any forecast error?
What systematic and random components would you expect in demand for chocolates?
What role does forecasting play in the supply chain of a mail order firm such as L.L.Bean?
How could Dell use collaborative forecasting with its suppliers to improve its supply chain?
What role does forecasting play in the supply chain of a build-to-order manufacturer such as Dell?
Analyze demand forecasts to estimate forecast error.
Forecast demand in a supply chain given historical demand data using time-series methodologies.
Identify the components of a demand forecast.
Understand the role of forecasting for both an enterprise and a supply chain.
What other factors should be accounted for when making your recommendations?
The analysis has assumed that each plant has a 100 percent yield (percent output of acceptable quality).How would you modify your analysis to account for yield differences across plants?
How are your recommendations affected by the reduction of duties?
Is there any plant for which it may be worth adding a million kilograms of additional capacity at a fixed cost of $3 million per year?
How should Phil structure his global production network? Assume that the past is a reasonable indicator of the future in terms of exchange rates.
How should BioPharma have used its production network in 2005? Should any of the plants have been idled? What is the annual cost of your proposal, including import duties?
A chemical manufacturer is setting up capacity in Europe and North America for the next three years. Annual demand in each market is 2 million kilograms (kg) and is likely to stay at that level. The two choices under consideration are whether to build 4 million units of capacity in North America or
A European apparel manufacturer has production facilities in Italy and China to serve its European market, where annual demand is for 1.9 million units. Demand is expected to stay at the same level over the foreseeable future. Each facility has a capacity of 1 million units per year. With the
Reliable is a cell phone manufacturer serving the Asian and North American markets. Current annual demand of their product in Asia is 2,000,000, whereas the demand in North America is 4,000,000. Over the next two years, demand in Asia is expected to go up by 50 percent with a probability of 0.7, or
Bell Computer is reaching a crossroads. This PC manufacturer has been growing at a rapid rate, causing problems for its operations as it tries to keep up with the surging demand. Bell executives can plainly see that within the next half-year, the systems used to coordinate its supply chain are
Alphacap, a manufacturer of electronic components, is trying to select a single supplier for the raw materials that go into its main product, the doublecap. This is a new capacitor that is used by cellular phone manufacturers to protect microprocessors from power spikes. Two companies can provide
Unipart, a manufacturer of auto parts, is considering two different B2B marketplaces to purchase its MRO supplies. Both marketplaces offer a full line of supplies at very similar prices for products and shipping. Both provide very similar service levels and lead times.However, their fee structures
Moon Micro is a small manufacturer of servers that currently builds all of its product in Santa Clara, California. As the market for servers has grown dramatically, the Santa Clara plant has reached capacity of 10,000 servers per year. Moon is considering two options to increase its capacity. The
What are some major nonfinancial uncertainties that a company should consider when making decisions on where to source product?
What are the major financial uncertainties faced by an electronic components manufacturer deciding whether to build a plant in Thailand or the United States?
Summarize the basic steps in the decision tree analysis methodology.
How does the binomial representation of uncertainty relate to the normal distribution?
Describe the basic principle of DCFs and how it can be used to compare different streams of cash flows.
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