SPECIAL TOPICS IN SUPPLY CHAIN MANAGEMENT 1 SYNDICATE ASSIGNMENT Assignment Brief In your study syndicates‚ you are expected to read‚ analyse and interpret the key underlying issues of the following case-study titled "The Privileged Fly". Five (5) questions have to be answered and these questions can be found at the end of the case study. Your answers to the questions must relate to the issues in the case‚ however you are expected to support your responses with appropriate and relevant literature
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Inventory Exercises 1. At Dot Com‚ a large retailer of popular books‚ demand is constant at 32‚000 books per ear. The cost of placing an order to replenish stock is $10 and the annual cost of holding is $4 per book. Stock is received five working days after an order has been placed. No backordering is allowed. Assume 300 working days a year. a. What is Dot Com’s optimal order quantity (EOQ)? b. What is the optimal number of order per year? c. What is the optimal interval (in working days)
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2.1 Types of Inventories Nestle (Malaysia) Berhad is a big company which produce various types of products. For example‚ coffee and beverages‚ food‚ milks‚ liquid drinks‚ infant nutrition‚ breakfast cereals‚ chilled dairy‚ ice-cream‚ confectionery and many other. According to the annual report 2012 of Nestle company‚ it shows that‚ the amount of inventories during 31 December 2012 is RM411‚170‚000‚ while during 31 December 2011 the amount of inventories is RM517‚573‚000 . After comparing both
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INVENTORY MANAGEMENT Model 1 2. The Peace Care Hospital uses about 3‚500 boxes of sterile bandages per month. The annual carrying cost rate is $2.90 per box per year. A typical box of sterile bandages costs $14.50 to purchase. The ordering cost is $25 each time an order is placed‚ regardless of the order quantity. There is storage space for at most 1‚500 boxes of bandages at any time. The hospital operates 365 days per year. Peace Care Hospital would like to use the EOQ model. (a) How many
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Corrections Trend Evaluation There have been several assorted and strenuous general directions in the midst of the justice system. These general directions contain several topics and debates over the past years. As a nation individuals then study and perceive that the judicial tribunal method is increasing with time and expanding a diverse outlook to examine a better way to keep going ahead. In fact‚ a study will explain incorporating the past‚ present‚ and future of the development and operation
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Juvenile Justice Process and Corrections Juvenile Justice Process and Corrections A description of the process the juvenile will follow after arrest‚ from intake‚ through court‚ sentencing‚ and punishment or rehabilitation. The process should be based on actual state laws and practices of your state or a state in which you are familiar. I will be using Case study two which is as follows: Xander L. is a 17-year-old African American male and documented gang member. His prior juvenile adjudications
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The overall experience completing the LASSI student report was interesting one due to the difficulty associated with being completely honest with yourself. This is definitely something that I have found to be a re-occurrence throughout this course‚ however due to the nature of the questions in this particular section‚ it proved to be the daunting questionnaire this course has required yet. After finishing the student report‚ I was able to conclude that the nature of the questions and the honesty
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Life Styles Inventory Written by: Jamie Wright Jamieandkaren@att.net MGMT- 591 – Leardership & Organizational Behavior Professor: Melinda English January 20‚ 2013 Many people on a daily basis strive to find out more about themselves. Whether through feedback from colleagues or superiors‚ or participating in studies‚ people can easily find out more about themselves. Questions such as “Who am I‚ and why do I act the way I do?” are answered by participating in this LSI survey
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Manual inventory tracking compared with inventory tracking systems on your computer. A good inventory tracking system accomplishes four things: 1) it shows what merchandise is in stock‚ 2) it shows which items are on order‚ 3) it notifies the retailer when ordered merchandise is scheduled to arrive‚ and 4) it tells what merchandise has been sold. This information is used to plan future purchases‚ to determine what is selling and when it is selling‚ and it helps determine what items need to be reordered
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your current inventory levels‚ but also generate future demand forecasts. This is because an inventory shortage can cause the company to lose future profits and lost goodwill. In the case of Reebok‚ the former NFL licensed jersey producer‚ many key decisions must be made to reduce inventory costs in periods of low demand while maximizing profits in periods of high demand for player specific jerseys. Using the newsvendor model to determine the optimal order quantity and leftover inventory‚ we will present
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