Operations Management: Sustainability and Supply Chain Management (12th Edition)
12th Edition
ISBN: 9780134130422
Author: Jay Heizer, Barry Render, Chuck Munson
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
QUESTION 2
In the early stages of COVID-19, the VP of Supply Chain Operations for a large international tech company is tasked with evaluating areas of risk throughout the supply
chain based on current inventory levels and the likelihood that certain geographical areas will be shut down. Which of the following strategies/approaches would have
been most beneficial in this scenario?
O Insurance
Supply Chain Mapping
The Bullwhip Effect
Quickly creating redundancy in the supplier base
Q.2.
Discuss TWO short term and TWO long term strategies for minimizing supply chains disruptions globally
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.
Chapter 11 Solutions
Operations Management: Sustainability and Supply Chain Management (12th Edition)
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 - Prob. 10DQ
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. 15PCh. 11.S - Prob. 16PCh. 11.S - Question S11.16 Recently, Abercrombie Fitch (AF)...Ch. 11.S - Prob. 18PCh. 11.S - Prob. 19PCh. 11.S - Prob. 20PCh. 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 - Question: 11.3 Hau Lee Furniture, Inc., described...Ch. 11 - Question: 11.4 Kamal Fatehl, production manager...Ch. 11 - Prob. 4PCh. 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
- 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 partiesarrow_forwardQ.3. Explore the effectiveness of rationalizing the supply base in minimizing supply shortages in supply chainsarrow_forwardQ :-How Market Penetration is achieved?arrow_forward
- Q.2. Discuss the implication of strategic supplier management strategies in enhancing supply chain resilience and competitiveness.arrow_forwardQuestion 3 (a) Star Alliance is one of the largest global alliances of airlines in the world where Singapore Airlines is a member. Demonstrate the benefits Singapore Airlines obtains by participating in Star Alliance from the air cargo perspective.What are the possible reasons that can lead to the failure of realising the intended benefits of participating in Star Alliance by Singapore Airlines?arrow_forward4arrow_forward
- Question 1 Consider the market for satellite communications. Based in McLean, Virginia, Iridium Communications is a satellite-communications provider. Iridium is now replacing its original fleet of satellites, which started operations in 1998, with a new, advanced fleet of satellites called Iridium Next. Iridium, which mainly offers satellite phone and data services, said it will expand an ongoing $3 billion network modernization with dozens of additional satellites on which it will sell or lease capacity to private customers. In the market for satellite communications, the market price, and market quantity. O increases...increases O increases...decreases decreases...increases O decreases...decreasesarrow_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_forwardQUESTION Research shows that around 33% of the companies cancel their outsource contracts within 5 years and another 50% found themselves in dispute with the outsourced contractor. There are a number of issues and problems associated with an outsourcing decision. However, still many companies continue to outsource most of their logistics operations. Discuss the possible reasons for apparent failures in outsourcing contracts. Explain how Carter’s 10Cs model can be used as a checklist when undertaking supplier appraisal and evaluation during the sourcing process. List and explain the 10 element in Carter’s 10Cs model and explain why they are important when evaluating suppliers. Note: Procurement & Sourcing Managementarrow_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_forwardHow do you get the daily withholding from alternative 1 and alternative 2?arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Practical Management ScienceOperations ManagementISBN:9781337406659Author:WINSTON, Wayne L.Publisher:Cengage,Operations ManagementOperations ManagementISBN:9781259667473Author:William J StevensonPublisher:McGraw-Hill EducationOperations and Supply Chain Management (Mcgraw-hi...Operations ManagementISBN:9781259666100Author:F. Robert Jacobs, Richard B ChasePublisher:McGraw-Hill Education
- Purchasing and Supply Chain ManagementOperations ManagementISBN:9781285869681Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. PattersonPublisher:Cengage LearningProduction and Operations Analysis, Seventh Editi...Operations ManagementISBN:9781478623069Author:Steven Nahmias, Tava Lennon OlsenPublisher:Waveland Press, Inc.
Practical Management Science
Operations Management
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:Cengage,
Operations Management
Operations Management
ISBN:9781259667473
Author:William J Stevenson
Publisher:McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi...
Operations Management
ISBN:9781259666100
Author:F. Robert Jacobs, Richard B Chase
Publisher:McGraw-Hill Education
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
Production and Operations Analysis, Seventh Editi...
Operations Management
ISBN:9781478623069
Author:Steven Nahmias, Tava Lennon Olsen
Publisher:Waveland Press, Inc.
Inventory Management | Concepts, Examples and Solved Problems; Author: Dr. Bharatendra Rai;https://www.youtube.com/watch?v=2n9NLZTIlz8;License: Standard YouTube License, CC-BY