Reference no: EM13884291
Why do inventories cost so much to maintain? Provide some examples of how cost is associated with carrying an inventory. Is there anything we can do to lower this cost, and if so, what? In addition to the question above, explain how excess inventories can erode profitability.
Discuss why supply chain management (SCM) has become so important. Identify companies that have a well known SCM system. Do these companies have anything in common when it comes to their implementation of SCM? Can you identify and define four (4) attributes of Supply Chain Management?
How can a transportation manager take advantage of trade-offs between price and service? As a transportation manager, when would you want to take advantage of these trade-offs?
How can a transportation manager take advantage of trade-offs between price and service? As a transportation manager, when would you want to take advantage of these trade-offs?
What type of functional and perceptual benefits do labeling and packaging provide to the consumer? What are the two emerging trends in packaging and why are they important?
What role has technology had in order processing? What are some of the key technology elements that you see in your daily shopping? What do you think will be the next big technology development in order processing?
What is the relationship between purchasing and procurement? Discuss three potential procurement objectives. Describe the relevance of the procurement process in a logistics system
What is the relationship between purchasing and procurement? Discuss three potential procurement objectives. Describe the relevance of the procurement process in a logistics system
Discuss how accountants and logistic professions differ in terms of their approach to inventory control. Provide an example of how each would measure a company's inventory.
In logistical terms, what does system analysis refer to? What is the difference between a partial systems analysis and a comprehensive systems analysis?
Explain why transport rates typically vary by 1) the weight of the shipment; 2) the distance a shipment is transported; and 3) the value of the transport service. Provide an example of how these variables affect a shipping rate.
Contrast qualitative, historical projection, and causal forecasting models. What are the strengths and weaknesses of each of these models?
Discuss the differences between facility layouts for office, production, and warehouses. How does the layout of a warehouse impact the effectiveness and efficiency of a warehouse?
Warehouse Management System
What is a warehouse management system (WMS)? What are the benefits and downfalls of a WMS in a warehousing operation?
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Designed for a hydrocracking process
: A fixed-bed reactor is to be designed for a hydrocracking process. The reactor will treat 320,000 lb/hr of vacuum gas oil (specific gravity 0.85) in the presence hydrogen at 650 ºF, 2000 psig, 1.0 weight hourly space velocity (WHSV).
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Compute the sample variance and sample standard deviation
: Using the below exhibit formulate a statistical hypothesis appropriate for the consumer group's purpose, and then calculate the mean average miles per gallon. Compute the sample variance and sample standard deviation
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Burning chlorine with hydrogen
: Hydrogen chloride gas, produced by burning chlorine with hydrogen, is required at a supply pressure of 600 kN/m2, gauge. The pressure can be achieved by either operating the burner under pressure or by compressing the hydrogen chloride gas.
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Blanketed with nitrogen and the pressure
: Crude dichlorobenzene is pumped from a storage tank to a distillation column. The tank is blanketed with nitrogen and the pressure above the liquid surface is held constant at 0.1 bar gauge pressure. The minimum depth of liquid in the tank is 1 m.
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What is a warehouse management system
: What is a warehouse management system
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Outlet composition corresponding to equilibrium
: The resulting products are cooled and passed over a medium-temperature shift catalyst that gives an outlet composition corresponding to equilibrium at 350 °C.
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Calculate present value for the given cases
: You estimate that you could earn an expected return of r= 12% from investing in stocks with a similar degree of risk to your oil field. What is the present value?
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Explain how the structure of an enzyme leads
: Understand why some objects float on water but others do not, and relate upthrust on a floating body to the weight of the fluid displaced.
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Build a linear optimization model and discuss basic steps
: Optimization models have been used in operations and supply chains, finance, marketing, and other disciplines for many years to help managers efficiently allocate resources and make cost-effective, profitable decisions. Build a specific example of..
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