A
Interpretation: The best selector to be selected, if there is a low demand for the new service of the company, for the moderate demand, and for the high demand assumptions.
Concept Introduction: The Company receives orders from the customers online, and then the company assembles and delivers those orders in specially designed cardboard boxes.
B
Interpretation: To find the suitable supplier, supposing that the company uses maximum decision criterion for evaluating the alternatives.
Concept Introduction: The Company receives orders from the customers online, and then the company assembles and delivers those orders in specially designed cardboard boxes.
C
Interpretation: To find the highest expected ranking supplier, supposing that the probability is 35% for low demand, 45% for moderate demand, and is 20% for high demand.
Concept Introduction: The Company receives orders from the customers online, and then the company assembles and delivers those orders in specially designed cardboard boxes.
Want to see the full answer?
Check out a sample textbook solutionChapter 14 Solutions
Operations Management: Processes And Supply Chains (12th Global Edition) - Does Not Include Mylab Operations Management
- Propose the logistical and cross-functional improvements for better performance of yourchosen organization’s supply chain: facilities, inventory, transportation, information,sourcing and pricing.arrow_forwardikea Warehouse management plays a strategic role in the overall supply chain process. Effective warehousing strategies can assist the firms in increasing supply chain surplus. On the basis of online data availability, organization and analyze its warehousing strategies. 10 marks Length of the answer: Between 200 and 220 words Originality: 3 References: 1 Analysis of warehousing strategies used by the selected organization: 6arrow_forwardA sourcing strategy is essentially a business case for an organisation to determine an optimal approach to procure resources. AusMed which manufactures medical ventilators, wants to procure a heating tube which is a critical component of humidification equipment. In comparison to the value of the ventilator, the heating tube cost less. Moreover, there are very few suppliers in the world that can supply the heating tubes. Outline the steps involved in the sourcing the heating tube? Discuss what sourcing strategy that AusMed needs to adopt while procuring heating tube?arrow_forward
- Create brief notes on the following topics.Customer relationship management (CRM) refers to the process of managing customer relationships.Management of the Supply Chain with Enterprise Resource Planning (ERP)What are the advantages and disadvantages of each of these strategies?arrow_forward1.Upstream supply chain members are A. retailers B. manufacturers C. end-use customers D. suppliers 2.The integrated group of business processes that form a supply chain are A. marketing, manufacturing and finance B. procurement, production and distribution C. manufacturing and service D. demand, value, and quality 3.The bullwhip effect occurs when A. slight to moderate demand variability becomes magnified as demand information is transmitted back upstream. B. slight to moderate demand variability becomes magnified as supply information is transmitted back upstream. C. slight to moderate demand variability becomes magnified as demand information is transmitted back downstream. D. slight to moderate demand variability becomes magnified as supply information is transmitted back downstream. 4.The key element in achieving supply chain integration is A. quality management B. ISO certification C. information technology D. EDI 5.A disadvantage of RFID technology that has hindered its…arrow_forward1. In supply chain management, give the types of analytics that are very important to use and explain their individual purposes. 2. Why analytics is critical to supply chain management? Please answer, I really need helparrow_forward
- Walmart is requiring more trade sales promotion from Bolthouse Farms, a juice and smoothie company, to keep extensively promoting its products and displaying them on their shelves. Why will Bolthouse Farms most likely comply with Walmart's request? Declines in brand loyalty have made sales promotions aimed at persuading customers to switch brands more effective. Heightened concerns about value have made customers more responsive to promotional offers. Retailers like Walmart have gained considerable power in the supply chain. Bolthouse Farms prefers sales promotion over the costiler advertising. Retailers like Walmart have become more interested in long-term performance.arrow_forwardDevelop a balanced scorecard for purchasing and supply at an agicultural equipment manufacturer. Explain how a balanced scorecard will be necessary for the successful implementation of the Smart Logistics Initiative.arrow_forwardA. Explain the role of information technology in the supply chain. B. Explain TWO (2) characteristics that information must have to be useful for decision- making in a supply chain.arrow_forward
- Egypt Air Holding Company has commissioned a world class branded marketing research agency to conduct a marketing feasibility study of its current ticketing offices across the world. Apart from that Egypt Air Holding Company has asked its marketing research agency to look into the market potential to open new ticketing offices in various proposed locations all over the globe. The purpose of this vast marketing research project that Egypt Air Holding Company boosts the efficiency and effectiveness of its marketing-based competitiveness as a member of Star Alliance with a view toward: Closing down present ticketing offices with limited economies of scale. Augmenting present ticketing offices with high demand Opening new ticketing offices with high market potential Avoid opening new ticketing offices with low market potential Required: 1- Select Two secondary data items that are necessary for this marketing research 2- Select two important sources of relevant literature review and what…arrow_forwardWeek 1 2 3 4 5 6 7 8 Retailer 110 110 190 190 310 310 410 410 Manufacturer 220 380 620 820 Supplier 600 1,440arrow_forwardConsider a three-firm supply chain consisting of a retailer, manufacturer, and supplier. The retailer's demand over an 8-week period was 110 units each of the first 2 weeks, 190 units each of the second 2 weeks, 310 units each of the third 2 weeks, and 400 units each of the fourth 2 weeks. The following table presents the orders placed by each firm in the supply chain. Notice, as is often the case in supply chains due to economies of scale, that total units are the same in each case, but firms further up the supply chain (away from the retailer) place larger, lessfrequent, orders. WEEK RETAILER MANUFACTURER SUPPLIER 1 110 220 600 2 110 3 190 380 4 190 5 310 620 1420 6 310 7 400 800 8 400 a) What is the bullwhip measure for the retailer? The bullwhip measure for the retailer is ______. (Enter your response rounded to two decimal places.) b) What is the bullwhip measure for the manufacturer? The bullwhip measure for the…arrow_forward
- Purchasing and Supply Chain ManagementOperations ManagementISBN:9781285869681Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. PattersonPublisher:Cengage Learning