Reference no: EM132407486

OMGT2287 - Supply Chain Modelling and Design - RMIT University

Overview

The purpose of this assignment is to develop your capability in applying your skills and knowledge in a real situation. You are required to apply quantitative techniques discussed in this course in a real company. You can choose any of the discussed areas and techniques in this course, preferably from weeks 1-4. You are expected to submit:

A Word file to explain the background, operations, and problems of the firm, justification of the chosen technique, data collection, problem formulation process, the mathematical model and its assumptions, discussion of the results, and recommendations.

Learning Outcomes

• Analyse and apply the theories and practices of logistics systems in logistics management
• Develop supply chain and logistics systems to improve the management of logistics and supply chain management
• Use mathematical models to solve problems in logistics in contemporary business environment.
• Communicate effectively to a range of audiences in both written and oral forms and work effectively with others in a team.
• Develop decision making skills to shaping and accomplish the strategic and operational objectives of the organisation
• Explore, with an integrated view, the full impact of technology by effectively linking engineering, science, business and management disciplines
• Develop insights leading to more effective decision-making in the practice of integrating technology strategy with business strategy in a technology-based organisation.

Assessment details

You can work on any topics discussed in the course but you need to address the following areas when writing your report

• You are required to apply your knowledge on optimisation in real and practical environment. For doing so you need to find a real company and then decide what optimisation technique you are going to apply in the company based on their issues. Having an initial discussion with the company will help you choose the appropriate technique. Provide background information regarding the company including size, business type, areas of operations, competitors, and their operational problems.
• You are required to briefly provide discussion about the chosen topic. For example, if you choose an LP model in a manufacturing company, you need to first explain about LP modelling and then justify why you choose LP for the company and why not the other technique, what are the advantage of LP compared to other methods.
• Then you are required to collect real data for the chosen topic and show the current status of the company in the chosen topic. For example, if your topic is transportation, you need to discuss about nodes, cost of transportation per unit, function for total transportation cost, all the constraints, complete mathematical models, input and output data for Excel, optimal answer, etc.
• After analysing the current situation, you need to provide solution to improve the performance and efficiencies of the operations in the company (e.g. how to reduce the total transportation cost). Analyse the data explaining the process and where is the data coming from and what does it represent. A clear step-by-step instruction that can be understood by an individual with no previous Excel experience.
Suggested structure of the report
1. Executive Summary
2. Table of Content
3. List of Figures/Tables
4. Introduction
5. Identify the Problem and Choosing the Topic
6. Data Collection
7. Proble Formulation
8. Problem Solving
9. Analysis and Discussion
10. Recommendation
11. References
12. Appendix

Assessment Details

1. Apply knowledge on optimisation

Expectation
Find a real company
Decide optimization technique
background information regarding the company including size, business type, areas of operations, competitors, and their operational problems.

2. Discussion about the chosen topic
explain why you choosing a particular technique
justify your choice
Advantage of the chosen technique

3. Collect Data
Show the current status
Collect data depending on the technique

4. Analyse
Solution to improve the performance and efficiency
Explain the process
What does the data represent
Where did you get data from

Assessment: Report Structure
1. Cover page

Report Title. Name and Student ID. Executive Summary, Table of Content, list of Figures/Tables

2. Introduction

Company Information
Detailed background information of the company including size, business type. areas of operations. competitors

3. Identify the Problem and Choosing the Topic

a. Explain about the problem you identified in the company.
b. Explain about the assumptions.
c. Detailed information about the chosen topic. Why is this topic chosen?
d. Current status of the topic i0selected company.

4. Data Collection
a. The comprehensiveness of the data collected required for the project analysis.
b. Collect real data for the chosen topic.
c. Clearly explain how data was collected and provide contact details of those who provided the data

5. Problem Formulation

a. Mathematical formulation of the objective functions and the constraints of the problem
b. Comprehensiveness of the mathematical model
c. Clear definition of variable, objective function
d. Explanation for each of constraints, comprehensiveness and clarity of model formulation