Mis India

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Sault College *

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MISC

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Information Systems

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Dec 6, 2023

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docx

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Uploaded by PrivateGoldfish3386

Question 1 The inverse relationship that exists between the cost of lost sales and inventory costs is the inventory effect. True False Question 2 ( 1 point) In a logistics system, warehousing should be optimized at the expense of related logistics activities, such as transportation and procurement. True False Question 3 (1 point ) Organizations may benefit substantially from the establishment of one or several warehouses to reduce transportation costs True False Question 6 ( 1 point ) World-class organizations can improve performance along multiple dimensions without making extensive performance tradeoffs or sacrifices. True False Question 7 (1 point) Capacity requirements planning (CRP) is used to check the feasibility of the materials requirement plan. True False Question 8 (1 point) One of the primary tradeoffs at the facility level is space versus equipment. True False Question 11 (1 point) The efficiency and effectiveness of a logistics /supply chain operation are constrained by the location of plants and warehouses in its overall network True False Question 13 (1 point) The utility created through the basic marketing activities is known as place utility True False Question 14 (1 point) As a firm spends more on transportation service , cost of lost sales increases . True

False Question 15 Machine flexibility provides the ability to produce different types of products as well as change the order of operations executed on a product. True False Question 16 (1 point) "Order to cash" and "order cycle" are the same. True False Question 20 (1 point ) Customers use distribution KPIs to objectively assess the speed of service provided by the distribution operation . True False Question 21 (1 point ) Logistics facilities and their locations are relatively variable and easily modified in the short term. True False Question 22 ( 1 point) As the dollar value of a product decreases, its inventory value decreases. True False Question 23 (1 point) Staples frequently sells its office supplies direct to other businesses (B2B) through its online ordering and delivery services and it typically sells office supplies direct to consumers (B2C ) through its stores . This is what's known as "multi-channel capabilities True False Question 24 (1 point) What is the effect of tapering rates on facility location? It pushes the raw materials sources toward the location. It pulls the facility toward the location . It pulls the location toward the source or the market . It makes the optimum location at the midpoint between raw material sources and the marketplace . Question 25 (1 point) In a commercial zonethe same transportation rate is applied from an origin to any point in the zone. True

False Question26 - Materials requirement plan (MRP) is most effective at managing independent demand items. True False Question 27 ( 1 point) A manufacturing plant in which equipment components, such as material handling systems, tooling, pumps, and valves, are linked to electronically communicate with each other in order to consistently achieve peak performance is known as an integrated" factory. True False Question 28 (1 point) There are ten principal activities to the OTC model . True False Question 12- Briefly describe the six major steps that are recommended for a logistics network design process Answer- The logistics network design process typically involves several major steps to develop an efficient and effective supply chain system. Here are six recommended steps in the logistics network design process: Define Objectives and Scope: Begin by clearly defining the objectives and scope of the logistics network design project. This includes understanding the goals, such as reducing costs, improving customer service, or optimizing inventory, as well as defining the boundaries and constraints of the project. Collect and Analyze Data: Gather relevant data on the existing supply chain network, including transportation costs, demand patterns, inventory levels, and facility capacities. Analyze this data to identify current network inefficiencies, bottlenecks, and opportunities for improvement. Model and Evaluate Alternatives: Develop mathematical or simulation models to represent the existing supply chain network and evaluate different design alternatives. These models can include factors like transportation routes, facility locations, inventory placement, and capacity allocation. Assess various scenarios and perform what-if analyses to determine the most optimal design. Design Network Structure: Based on the evaluations and analyses, design the structure of the logistics network. This includes determining the optimal number and location of facilities such as warehouses, distribution centers, manufacturing plants, and transportation hubs. Consider factors like proximity to suppliers and customers, transportation costs, capacity requirements, and service levels.

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Develop Operating Plans: Once the network structure is established, develop detailed operating plans for the logistics network. This involves creating transportation routes, establishing inventory policies, defining order fulfillment strategies, and setting service level targets. The operating plans should align with the overall network design and support the objectives of the project. Implement and Monitor: Implement the designed logistics network and closely monitor its performance. During the implementation phase, coordinate with relevant stakeholders, including suppliers, transportation providers, and internal teams. Continuously monitor key performance indicators (KPIs) such as cost, service level, and inventory turnover to ensure the network is delivering the desired results. Make necessary adjustments as needed to optimize the network over time. By following these steps, organizations can systematically analyze, design, and implement logistics network improvements to enhance their supply chain efficiency and meet customer demands effectively.

Mis India

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