Operations Management: Sustainability and Supply Chain Management (12th Edition)
Operations Management: Sustainability and Supply Chain Management (12th Edition)
12th Edition
ISBN: 9780134130422
Author: Jay Heizer, Barry Render, Chuck Munson
Publisher: PEARSON
Question
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Chapter 2, Problem 10P

a)

Summary Introduction

To determine: The suitable outsourcing provider for logistics services using factor- rating method.

Introduction:

Factor-rating method:

The factor-rating method is a quantitative approach to make a decision from various alternatives such that the decision is beneficial to the firm involved. This method is utilized to decide on a new layout, new locations, best supplier, outsourcing providers, and so on.

b)

Summary Introduction

To determine: The suitable outsourcing provider for logistics services using factor- rating method when the weights are changed.

Introduction:

Factor-rating method:

The factor-rating method is a quantitative approach to make a decision from various alternatives such that the decision is beneficial to the firm involved. This method is utilized to decide on new layout, new locations, best supplier, outsourcing providers etc.

c)

Summary Introduction

To determine: The suitable outsourcing provider for logistics services using factor- rating method when there is a 10% increase in Overnight Shipping ratings.

Introduction:

Factor-rating method:

The factor-rating method is a quantitative approach to make a decision from various alternatives such that the decision is beneficial to the firm involved. This method is utilized to decide on new layout, new locations, best supplier, outsourcing providers, and so on.

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paper tape binder memo pads pens depart 1 10 4 3 5 6 depart 2 7 2 2 3 8 depart 3 4 5 1 0 10 depart 4 0 3 4 5 5   supplier 1 supplier 2 paper 2 3 tape 1 1 binder 4 3 memo pads 3 3 pens 1 2 a)Use matrix multiplication to get a matrix showing the comparative costs for each department for the products from the two suppliers. (b)  Find the total cost over all departments to buy products from each supplier. From which supplier should the company make the purchase?
From a logistics perspective, examine some of the factors besides those already mentioned in the attachement that might play a role in the committee’s decision.
1 Discuss how the use of Strategic Partnering helps to alleviate the bullwhip effect.2 What is the bullwhip effect and what impacts can it have in the supply chain?3 Discuss and elaborate on the following statement: “The selection of a superior location network can create substantial competitive advantage.“4 What are the penalties of facing highly variable demand? Are there any advantages?5 Show the elements involved in the process of deciding when to order and how much to order by using a ‘sawtooth model’ of inventory.6 Distinguish between using an exact optimization technique and a heuristic to solve a problem?7 Explain why risk pooling across locations is attractive to extended supply chains.8 Discuss five (5) ways that the lead times within a supply chain can be reduced.9 “CycleWorld distributes the majority of their orders for pushbikes across 60 vendors so it was very important for them to manage this at a…
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