cost of goods sold (company info) average finished goods inventory (15) 5. Percentage of safety stock Average safety stock (16) total inventory (12) 6. Purchase operating expense dollars as a percent of supply chain purchase dollars Purch operating expense dollars (21) supply chain purchase dollars (2) 7. Purchase order cycle time (in days for purchasing department and excludes supplier lead time) Average amount of time (in days) elapsed from point of intention to place order to receipt
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Quantitative Module Decision-Making Tools A Module Outline THE DECISION PROCESS IN OPERATIONS FUNDAMENTALS OF DECISION MAKING DECISION TABLES TYPES OF DECISION-MAKING ENVIRONMENTS Decision Making Under Uncertainty Decision Making Under Risk Decision Making Under Certainty Expected Value of Perfect Information (EVPI) DECISION TREES A More Complex Decision Tree Using Decision Trees in Ethical Decision Making SUMMARY KEY TERMS USING SOFTWARE FOR DECISION MODELS SOLVED PROBLEMS INTERNET AND STUDENT
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| CLICK AND MORTAR TO PURE PLAY| HOW APPLE AND DISNEY ARE MAKING THE MOST OF THEIR DIGITAL SUPPLY CHAINS A Management Information Systems Project Assignment: Select two organizations in the same industry and study their SCM. Prepare a report on how the companies are managing their customers and suppliers. Make some recommendations as to how they can improve their efficiency. Submitted to: Sir Waqas Saeed Submitted by: Muhammad Babar Suleman Hassan Irshad Atif Murtaza Arslan Sadiq Arslan Zafar
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Information Systems in Supply Chain Management ------------------------------------------------- ------------------------------------------------- Chao Hsuan‚ Liu (41845491) ABSTRACT Information systems (IS) for the supply chain management have become critical tools for synchronizing information among the customers and suppliers of a supply chain (McLaren et al.‚ 2004). Moreover‚ the supply chain concept has become a concern because of global competition and increasing customer demand. Thus
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determinants of supply chain alliance performance: an empirical study As the market is becoming more and more competitive‚ cooperative alliance between companies is becoming common. There are two explanations of cooperative alliance between suppliers and buyers‚ as the article goes‚ one is the partner firms aiming at acquiring resources including materials‚ skills and information; the other explanation is defined from the goal perspective. With the increasing importance of supply chain management‚ supplier-buyer
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As a part of Riordan’s new total systems process design‚ it is imperative that we examine our present stable supply chain process for the manufacturing of electric fans at our plant located in Hangzhou‚ China. The current supplies available for retail and wholesale purchase in the China plant consist of electric fan motors‚ fan parts made from plastic polymers‚ and assembled fan units. The motors are purchased from a local Chinese company as completely assemble unit and are stoked for purchase (University
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CHAPTER OBJECTIVES When students have finished reading this chapter‚ they should understand why: • Consumer decision-making is a central part of consumer behavior‚ but the ways people evaluate and choose products (and the amount of thought they put into these choices) vary widely depending upon such dimensions as the degree of novelty or risk related to the decision. • A decision is actually composed of a series of stages that results in the selection of one product over competing options
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replenishment. 4 4. Assuming a 20% gross margin for each printer‚ sea transportation costs of $1 per printer and air transportation costs of $10 per printer (air shipment lead-time is three days)‚ evaluate the various alternatives available to Brent Cartier to address the inventory and service problem. 6 5. Bibliography 8 1. What has caused the so-called Inventory/Service "Crisis"? In 1990’s‚ Hewlett-Packard faced several problems with inventory levels for the Deskjet Printer product
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There are many decisions that are made throughout life. There are countless decisions that are made on a day-to-day basis. Everyone faces some easy ones and also difficult ones. Not all decisions will alter lives drastically but there are some that will‚ and those decisions need to be carefully thought out before deciding. It’s also important to try and make all the effective decisions possible whenever confronted with a choice. Its not as easy as just making a decision‚ it requires planning and
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headquarters is located in Round Rock‚ Texas. In terms of the PC manufacturing market‚ DELL is at number 3 position (Behind HP & Lenovo) with annual revenue of USD 62‚071 Million. They made a net profit of USD 3‚492 Million for the year 2012‚ which would translate to a net profit margin of 5.6%. Dell focuses on 4 main market target segments. Segment Revenue percentage Large Enterprises 30% Public 27% Small & medium business 24% Consumers 19% Table 2.1 – Dell Inc’s marketing segments
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