Operations Management
11th Edition
ISBN: 9780132921145
Author: Jay Heizer
Publisher: PEARSON
expand_more
expand_more
format_list_bulleted
Concept explainers
Textbook Question
Chapter 11.S, Problem 3P
Question
•• S11.3 Still concerned about the risk in Problem S11.2. suppose that Phillip is willing to use one local supplier and up to two more located in other territories within the country. This would reduce the probability of a “super-event” to 0.5%, but due to increased distance the annual costs for managing each of the distant suppliers would be $25,000 (still $15,000 for the local supplier). Assuming that the local supplier would be the first one chosen, how many suppliers should Witt Input Devices use now?
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
Q5a Please provide detail write up for the following business law question
When performing a contract of sale of goods, it is possible that the seller may havedelivered the wrong quantity of goods. What are the implications of this delivery? Discuss.
The primary purpose of service-level agreements is to:
Question 7 options:
Ensure stability of the currency exchange rate
Fix the prices for the goods you import from overseas
Express an intent to delegate some services to a foreign-owned firm
Ensure some quality standards while contracting some activities at third parties
Q.3.
Explore the effectiveness of rationalizing the supply base in minimizing supply shortages in supply chains
Chapter 11 Solutions
Operations Management
Ch. 11.S - Prob. 1DQCh. 11.S - Question: 2. It the probability of a super-event...Ch. 11.S - Question: 3. If the probability of a super-event...Ch. 11.S - Question: 4. Describe some ramifications of the...Ch. 11.S - Question: 5. Describe causes of the bullwhip...Ch. 11.S - Question: 6. Describe how the bullwhip measure can...Ch. 11.S - Question: 7. Describe some potentially useful...Ch. 11.S - Prob. 8DQCh. 11.S - Question: 9. Describe some disadvantages of using...Ch. 11.S - Question S11.1 How would you go about attempting...
Ch. 11.S - Question S11.2 Phillip Witt, president of Witt...Ch. 11.S - Question S11.3 Still concerned about the risk in...Ch. 11.S - Question S11.4 Johnson Chemicals is considering...Ch. 11.S - Prob. 5PCh. 11.S - Question S11.6 Consider the supply chain...Ch. 11.S - Question S11.7 Over the past 5 weeks, demand for...Ch. 11.S - Prob. 8PCh. 11.S - Prob. 9PCh. 11.S - Question S11.10 As purchasing agent for Woolsey...Ch. 11.S - Question S11.11 Using the data in Problem S11.10,...Ch. 11.S - Question S11.12 Develop a vendor-rating form that...Ch. 11.S - Question S11.13 Your options for shipping 100,000...Ch. 11.S - Prob. 14PCh. 11.S - Prob. 15PCh. 11.S - Question S11.16 Recently, Abercrombie Fitch (AF)...Ch. 11 - Prob. 1DQCh. 11 - Prob. 2DQCh. 11 - Prob. 3DQCh. 11 - Prob. 4DQCh. 11 - Question 5. What is vertical integration? Give...Ch. 11 - Question 6 What are three basic approaches to...Ch. 11 - Prob. 7DQCh. 11 - Question 8. What is the difference between...Ch. 11 - Question 9. What is CPFR?Ch. 11 - Question 10. What is the value of online auctions...Ch. 11 - Question: 11. Explain how FedEx uses the Internet...Ch. 11 - Question 12. How does Walmart use drop shipping?Ch. 11 - Prob. 13DQCh. 11 - Question: 14. What can purchasing do to implement...Ch. 11 - Question 15. What is e-procurement?Ch. 11 - Prob. 16DQCh. 11 - Question: 17. What is SCOR, and what purpose does...Ch. 11 - Question: 11.1 Choose a local establishment that...Ch. 11 - Prob. 2PCh. 11 - Question: 11.3 Hau Lee Furniture, Inc., described...Ch. 11 - Question: 11.4 Kamal Fatehl, production manager...Ch. 11 - Question: 11.5 Baker Mfg. Inc. (see Table 11.9)...Ch. 11 - Question: 11.6 Arrow Distributing Corp. (see...Ch. 11 - Question: 11.7 The grocery industry has an annual...Ch. 11 - Question: 11.8 Mattress Wholesalers, Inc., is...Ch. 11 - Question: Dardens Global Supply Chains Video Case...Ch. 11 - Prob. 2CSCh. 11 - Question: Dardens Global Supply Chains Video Case...Ch. 11 - Prob. 4CSCh. 11 - Question Supply Chain Management at Regal Marine ...Ch. 11 - Question Supply Chain Management at Regal Marine ...Ch. 11 - Question Supply Chain Management at Regal Marine ...Ch. 11 - Prob. 2.1VCCh. 11 - Prob. 2.2VCCh. 11 - Prob. 2.3VCCh. 11 - Prob. 2.4VC
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.Similar questions
- Q :-How Market Penetration is achieved?arrow_forwardQ.2. Discuss the implication of strategic supplier management strategies in enhancing supply chain resilience and competitiveness.arrow_forwardQ. 1 What risk can a business face due to a supplier and what are the risk control steps that a business can put in place regarding its suppliers? Provide examples to illustrate your answer further. Risk control steps Identify key suppliers or goods and services Identify key markets Investigate alternative suppliers and Markets assess the vulnerability of the supplier and Market to loss of assets Assess the ability of the key supplier and market to recover from loss of damage to their assets. Q.2. Cost-of-risk is the sum of insurance costs; unreimbursed losses; risk control and loss prevention expenses; and administrative costs. Discuss administrative costs. Provide a practical example to explain administrative costs 3. Apply the fundamental concepts included in the definition of enterprise risk management (ERM) to a business of your choosingarrow_forward
- Q.1.1Differentiate between the three types of urban distribution centres (CDUs) and explain their importance within a supply chain. Q.1.2 Discuss any five of the six factors of Supply Chain Orientation.arrow_forwardRequired: a. External Environment Analysis of Asia United Bank: - External Factors 10 Opportunities 10 Threatsarrow_forwardStrategic Supply Chain Question (a) What is the bullwhip effect, what are the main causes of the bullwhip effect and discuss what the firms can do to minimize demand distortion across the chain.arrow_forward
- Qno 2 A huge international oil company is considering its strategy in the Arctic Sea. The UK government has announced that a new drilling site in the Arctic Sea will be offered for sale on a competitive tender basis, the site going to the company making the highest bid. Temporary exploration of the site indicates that, over its life, it can be expected to generate revenue of around £1500 million if the oil reserves turn out to be high, but only £500 million if they turn out to be low. Seismic tests have indicated that the probability of high reserves is 0.60. If the company is successful in its bid, it will also have to decide whether to construct a new oil rig for the site or to move an existing oil rig which is currently operating at an uneconomic site. The costs of the new rig are around £200 million and for moving the existing rig around £100 million. A new rig would be able to boost production by £150 million if reserve levels turned out to be high. The company has decided that if…arrow_forwardQuestion 1 Describe the compare the different types of tariffs (duties)arrow_forwardOp2. Define the parties involved directly and indirectly in the supply chain and their role in the smooth running of the business?arrow_forward
- Q.1 what is a distribution network. How many types of networks exist? Q.2 What is the Role of Logistics in distribution networks?arrow_forwardpart 1 of 2 - OPM 200arrow_forwardDQ 4.4The professional logistics manager must develop a knowledge base that is integrated with other disciplines, one of which is information management. Based on what you learned from the readings in this module, explain how you can justify the costs of having RFID technology incorporated into your small business logistics firm. In addition, if costs are too high, describe how you would justify outsourcing the RFID requirement to another firm as a subcontractor for your company.For an example, you observe a commercial shipping container that was delivered to your company. On the outside of the container is an RFID tag. You can scan the RFID tag on the container and identify what is inside the container. You can also open the container and find eight packages with bar codes. Since we are professional logistics managers, we must consider costs associated with the RFID technology in our company.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Purchasing and Supply Chain ManagementOperations ManagementISBN:9781285869681Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. PattersonPublisher:Cengage Learning
Purchasing and Supply Chain Management
Operations Management
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Cengage Learning
Inventory Management | Concepts, Examples and Solved Problems; Author: Dr. Bharatendra Rai;https://www.youtube.com/watch?v=2n9NLZTIlz8;License: Standard YouTube License, CC-BY