Barriers to creating logistics strategy

Assignment Help Operation Management

Reference no: EM132265817

1. Which of the following are Barriers to creating a Logistics Strategy?

All of these

None of these

Regulatory and political considerations

Lack of Top Management Commitment

Incompatible Corporate cultures between service providers in the business

2. According to your text, which of the following risk reduction strategies does not "fit" the risk category as shown below?

Product damage: Use protective packaging; establish training programs; monitor carrier performance

Supply Chain Interruption: connect with quality carriers; monitor carriers finances; stablish alternate carriers and ports

Delivery Delay: Use event management software; employ dynamic re-routing tools

Security Breach: Employ cargo tracking technology; participation in C-TPAT and FAST

Product contamination: Use generic packaging and descriptions; avoid lawless hotspots; strategic routing

3. Your project has an Earned Value (EV) of $350,000, Actual Cost (AC) of $300,000 and Planned Value (PV) of $400,000. The original project budget (BAC) was $1,000,000. Assuming the remaining work will be impacted by the current cost performance AND current schedule performance, what is the Estimate At Completion (EAC) of the project?

$987,000

$1,180,000

$837,000

$937,000

$1,280,000

4. In an international movement system, what is the definition of a route:

Port of departure to the Ultimate Destination

Port of departure from the country of origin to the Port of Arrival in the Destination Country.

Origin of the goods to the Port of Arrival in the Destination Country.

Origin of the goods to the final Destination

5. China’s gross domestic product per capita is just over $6,000, yet many Chinese consumers are willing to pay high prices for brand-name products from the United States. One example is a Coach men’s leather commuter bag that sells for $598 before taxes in the United States. It has a $1,052 price tag in China, taxes included.

What are the practical problems related to estimating demand while using prestige pricing objectives in the target market of China?

a. Actual demand is related to a percentage of the gross domestic product per capita.

b. Pricing luxury items in China uses the same markup as in the United States.

c. The demand curve cannot be estimated accurately.

d. The demand curve rises sharply for Chinese but not American buyers.

Reference no: EM132265817

Questions Cloud

What is the fir marginal cost of production : If the price of Labor, w = $12 per unit of Labor, what is the firm's Marginal Cost of production when the firm is producing 48 units of output?

What would be the best option for coke to pursue : From the list, what would be the best option for Coke to pursue in 1985? If you decided to introduce some form of new product, how would you position.

Customers for restaurant find advantageous : What type of mobile applications might your customers for a restaurant find advantageous?

Perfectly competitive firm in the short-run : Suppose a perfectly competitive firm in the short-run is currently producing an output level of 50,000 units, charging a price per unit of $4.

Barriers to creating logistics strategy : Which of the following are Barriers to creating a Logistics Strategy? In an international movement system, what is the definition of a route.

Scholarships for further study in economics : Suppose a student who just graduated and earned B.A Degree in Economics. He went for an interview at PNC Bank, which was offering scholarships for further

Discuss racial profiling and the stricter policies : Discuss racial profiling and the stricter policies, procedures and other government oversights that now exist in 2018. Have race relations improved?

What are most common causes of instability in governments : What are the most common causes of instability in governments? How does governmental instability affect marketing? Use examples to illustrate your response.

What is the profit maximizing outputs produced : Multiplant monopoly problem: Assume the firm has two plants with the following marginal cost functions:

User Account

All Pages