What are some qualities of products that make them suitable candidates for storage in a single location? Who is the least likely to profit from this situation?

You are the buyer for a major U.S. health care company. As buyer, your job is to procure and buy parts for the production of X-Ray machines. The buyer from your sister plant in Paris, France has contacted you to supply them with 5 center sections, (a major component used in the X-Ray tube), because they will run out of these parts within 3 days. The center section is procured from a single source supplier in England, weighs approximately 40 pounds, is made of lead and has a 6-week lead time, (the time your supplier requires to manufacture the center section). Based on this criterion, answer the following questions: What mode of transportation is appropriate for shipping this part to Paris, France? What carrier will you use? Which carrier offers the best value?

QUESITON 26 Calculate the percentage of assets committed to inventory, where Panda lnc has $44,000,000 in total assets and 11,400,000 of inventory. QUESITON 27 Supply chain management is ... A.a set of procedures connecting suppliers to customers B.Design, operation and improvement of productive systems C.A sequence of activities across organizations that are involved in producing and delivering a product or service D.a series of activities from suppliers to customers that add value to a product or service QUESITON 28 SCOR stands for A.Supply Chain Operations Reference model B.Supply Chain Operations Resilience C.Supply Chain Organsational Resources D.

13.20. Southwood Furniture Company is a U.S.-based furniture manufacturer that offshored all of its actual manufacturing opera- tions to China about a decade ago. It set up a distribution center in Hong Kong from which the company ships its items to the United States on container ships. The company learned early on that it could not rely on local Chinese freight forwarders to arrange for sufficient containers for the company's shipments, so it contracted to purchase containers from a Taiwanese manufacturer and then sell them to shipping companies at the U.S. ports the containers are shipped to. Southwood needs 715 containers each year. It costs $1200 to hold a container at its distribution center, and it costs $6000 to receive an order for the containers. Determine the optimal order size, min- imum total annual inventory cost, number of annual orders, and time between orders.

The U.S. Airfilter company has hired you as a supply chain consultant. The company makes air filters for residential heating and air- conditioning systems. These filters are made in a single plant located in Louisville, Kentucky, in the United States. They are distributed to retailers through wholesale centers in 100 locations in the United States, Canada, and Europe. You have collected the following data relating to the value of inventory in the U.S. Airfilter supply chain: QUARTER 1 QUARTER 3 (JULY THROUGH QUARTER 4 QUARTER 2 (APRIL THROUGH JUNE) (JANUARY (OCTOBER THROUGH THROUGH MARCH) SEPTEMBER) DECEMBER) All amounts in millions of U.S. dollars Sales (total quarter): United states 356 532 552 436 Canada 130 127 116 151 Europe 42 34 49 24 Cost of goods sold (total quarter) 338 445 465 398 Raw materials at the Louisville plant (end-of-quarter) 93 49 79 89 Work-in-process and finished goods at the Louisville plant (end-of-quarter) 194 175 127 176 Distribution center inventory…

Your Corporation manufactures four products that use the same raw material and production machine.  Your Company is experiencing a shortage of pounds of the raw material.  Information related to the four products are shown below. Products A B C D Selling price $40 $32 $35 $65 Variable cots $34 $22 $27 50 Machine hours per unit 6 8 5 7 Pounds per unit 18 20 28 38 To maximize profit next month, in what order would it be best to schedule production (first to last)? a. A, B, C, D b. A, D, B, C c. B, D, A, C d. D, A, C, B

Answer the given question with a proper explanation and step-by-step solution.   Monczka-Trent Shipping is the logistics vendor for Handfield Manufacturing Co. in Ohio. Handfield has daily shipments of a power-steering pump from its Ohio plant to an auto assembly line in Alabama. The value of the standard shipment is $255.930. Monczka-Trent has two options: (1) its standard 2-dav shipment or (2) a subcontractor who will team drive overnight with an effective deliverv of ' dav. The extra driver costs $190. Handfied's holding cost is 35% annuallv for this kind of inventorv. Part A: Alternative 2 is more economical, with a daily cost of $_____ . (Enter your response as a whole number.)

The decision to place a certain volume of business with a supplier does not have to be based on sound set of criteria/  True  False

How might an awareness of how a quantity changes over time help  make a decision in daily life? What examples can you think of related to something measurable changing over time from experience?

Ajax Manufacturing produces a single product, which takes 8.0 pounds of direct materials per unitproduced. Assume that it is currently at the end of the first quarter of the year, and there are 50,000pounds of material on hand. The company’s policy is to maintain an end-of-quarter inventoryof materials equal to 25 percent of the following quarter’s material requirements for production.How many units of product were produced in the first quarter of the year? Under the assumptionthat production will increase by 10 percent in the second quarter, what are the direct materialsrequirements (in pounds) for planned production in the second quarter?