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True or False.
1. An example of comparative advantage is China's command of rare earth metals.
2. Deregulation has allowed the transportation industry to allow firms to focus just their specific core competencies.
3. A younger, large workforce had a tendency to increase wages.
4. MRPs are sensitive to short term fluctuations.
5. A shortcoming of a VMI system is that the buyer's sales folks may be pushing to meet a quota.
6. In a distribution facility/center allocation focuses on assembling like products together for storage in the distribution facility, processing or transfer to customers. (Proper Placement and storage)
7. Throughput volume and market density are attributes which favor leveraging a 3PL
8. Customer facing distribution metrics include capacity utilization and labor productivity.
Describe the difference between push-based supply models and pull-based supply models. Explain the bull-whip effect on a supply chain and how it can be avoided.
Discuss the advantages and disadvantages of the unit load. How does the class rate system simplify with respect to product, weight, and distance?
You have been asked to Lead the project team to implement a new Category Management Strategy On Land Transportation Services
List all the elements that make up the human body. Answers must be in alphabetical order.
The traditional Balanced Scorecard framework consists of four perspectives: financial perspective, human resources perspective, inventory perspective,
Explain why supply chain performance measurement is necessary and important. Because supply chains are often very complex, with each firm in the chain.
Baker Machine (see Problem 3) is considering two alternative layouts.
Design a control plan for exam scores for your quality management class. Describe how you would gather data, what type of chart is needed.
Derive the profit maximizing supply for a monopoly suppling demand in the industry - What is the operating profit for this firm
Identify the typical product categories purchased by the company/industry and Determine major criteria which should be considered in the evaluation
Analyze what type of change does Red Carpet need? Should it be transformational, developmental or transitional and why?
Identify logistics management strategies to resolve any issues related to the operational aspects of the company.
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