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Question 1 What is demand forecasting and which the forecasting techniques used within the supply chain?
Question 2 Define and differentiate between vendor-managed inventory (VMI), just-in time (JIT), economic order quantity (EOQ), and Kanban.
Question 3 Discuss and compare the major elements of lean and Six Sigma.
How does global sourcing and procurement impact the overall effectiveness of the supply chain? What are the benefits and challenges that have occurred when outsourcing logistic and other functions?
What is the total annual cost
What are the advantages and disadvantages of an organization of high inventory levels ?
The company has an average total weekly expense of $2,000,000. What is the simulated probability the revenue will exceed the average total weekly expense?
Discuss the primary valuation method by which all imported goods are appraised for determination of VFD before or after the goods are released by Customs
Briefly explain the importance of either maintaining "follow on" supplies or performing rehab to existing cache of material (pick one only).
Describe and give concrete details of what reverse logistics management means and give a concrete and detailed example.
Describe the other two general types of waste discussed. Have you worked at a company that has tried to address either of those two types of waste?
How would you start a change in your organization to improve communication among managers and workers?
Suppose you are the supply chain manager for this business, How would you go about fulfilling possession and form utilities for this business?
Explain why in certain situations the company needs to adopt a "Mardowns" policy! Also explain the difference between markdowns and discounts
Discuss what you got from this post. What question can you give to this post? do you agree with this post?
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