...Introduction (chapter 1) 4 1.1. Chapter objectives: 4 1.2. Logistics 4 1.3. Operations management 5 1.4. Supply chain management 5 2. Lesson 2, Operations and supply chain strategies (chapter 2) 8 2.1. Chapter objectives 8 2.2. Relationship and difference (point 1) 8 2.3. Core competencies (point 2) 9 2.4. Strategic alignment (point 3) 9 2.5. Supply chain operations and decision categories (point 4) 10 2.6. Customer value and value index calculations (point 5) 11 2.7. Trade-offs among performance dimensions (point 6) 11 2.8. Order winners versus and order qualifiers (point 7) 12 7. Lesson 3, Supply management (chapter 7) 13 7.1. Chapter objectives 13 7.2. Identify and describe the various steps of the strategic sourcing process. 13 7.3. Spend analysis (point 2) 14 7.4. Differences between insourcing and outsourcing (point 4) 15 7.5. Portfolio analysis (point 3) 16 7.6. Multi criteria decision (point 6) 17 7.7. Negotiations and the purpose of contracts (point 7) 18 7.8. Procure-to-pay cycle (point 8) 18 8. Lesson 4 Logistics (chapter 8) 19 8.1. Chapter objectives 19 8.2. Logistics management (point 1) 19 8.3. Transportation modes (point 2) 19 8.4. Warehousing (point 3) 21 8.5. Logistics strategy (point 4) 22 8.6. Measuring logistics performance (point 5) 23 8.7. Landed costs (point 6) 23 8.8. Reverse logistics systems (point 7) 24 8.9. Weighted center of gravity method (point 8) 25 11. Lesson 5, Managing inventory throughout the supply chain (chapter 11)...
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...Chapter Solutions Operations Management.pdf DOWNLOAD HERE CHAPTER 12: INVENTORY MANAGEMENT – Suggested Solutions to ... http://users.ipfw.edu/khamaljn/P301/Class_Notes/Solutions-Chapter12.pdf 1 BUS P301:01 CHAPTER 12: INVENTORY MANAGEMENT – Suggested Solutions to Selected Questions Summer II, 2009 Question 12.5 This is EOQ with D = 19,500 units/yr; H = $ ... CHAPTER 11 Operations Management http://www.eng.uwi.tt/depts/mech/ugrad/courses/meng3006/Week09b.pdf Operations Management, ... • To decouple operations ... CHAPTER 11 11-39 Inventory Management Economic Production Quantity I n v en t o r y L ev el CHAPTER 10 Operations Management - Academic Resources at ... http://academic.missouriwestern.edu/mlewis14/MGT%20416/Lectures/My%20Chap010.pdf Operations Management 8th edition 10-2 Quality Control CHAPTER 10 Quality Control McGraw-Hill/Irwin Operations Management, Eighth Edition, by William J. Stevenson PRODUCTION/OPERATIONS MANAGEMENT - … http://faculty-staff.ou.edu/B/Samir.Barman-1/POMsp02.doc PRODUCTION/OPERATIONS MANAGEMENT. BAD 5262 . SPRING 2002. Course Instructor: Samir Barman, Ph.D. ... Apr 02 Chapter 3 All Example Problems. Operations in a PR: 3.1-3.6 Chapter 7 Accounting for Financial Management http://harbert.auburn.edu/~yostkev/teaching/finc3630/notes/Chapter7solutions.pdf Chapter 7 Accounting for Financial Management ANSWERS TO END-OF-CHAPTER QUESTIONS 7-3 No, because the $20 million of retained earnings would probably not be held as cash...
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...“Consumers attitude towards cycling in Bangladesh” Date of Submission 05-05-2015 Please go to the next page TABLE OF CONTENTS Page numbers Chapter 4 CHAPTER 1: INTRODUCTION 5 CHAPTER 2: BACKGROUND OF THE PROBLEM 5 2.1 ORIGIN OF THE REPORT 5 2.2 BACKGROUND OF THE PROBLE 6 CHAPTER 3: OBJECTIVE OF THE STUDY 6 3.1 BROAD OBJECTIVE 6 3.2 SPECIFIC OBJECTIVE 6 3.3 SIGNIFICANCE OF THE STUDY 7 CHAPTER 4: APPROACH TO THE PROBLEM 10 CHAPTER 5: RESEARCH DESIGN 12 CHAPTER 6: METHODOLOGY 13 CHAPTER 7: ANALYSIS AND INTERPRETATION 23 CHAPTER 8: LIMITATIONS AND FUTURE RESEARCH 24 CHAPTER 9: CONCLUSION AND RECOMMENDATION 25 Chapter 10: Research questionnaire Please go to the next page Chapter 1: Introduction The People’s Republic of Bangladesh was founded as a constitutional, secular, democratic, multiparty, parliamentary republic. After independence, Bangladesh endured periods of poverty and famine, as well as political turmoil and military coups. The restoration of democracy in 1991 has been followed by economic progress and relative political calm. Bangladesh is the world's eighth most populous country, as well as one of the world's most densely populated countries. Bangladesh is going through lot of obstacle such as poverty, unemployment, political instability, corruption, traffic congestions and climate change. In addition, structural changes in rural Bangladesh have incited rapid economic migration with the related complexities of...
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...GENERAL ISTRUCTIONS The method guide is constructed according to “Fundamentals of Transportation Processes and Systems Theory” course syllabus of the field of study 6.070101 “Transport Technologies”. The course syllabus of “Fundamentals of Transportation Processes and Systems Theory” course is intended for studying the fundamentals of transportation process and operations in cargo transportation. The main purpose of studying this course is comprehension of basic transportation processes’ concepts related to transportation of cargo by two transport modes (or with cross-docking) with warehousing of the specified cargo type. The key objective of the given course is for the students to gain skills in management of transportation processes at micro level. The course will also improve the research skills and develop independence and responsibility of the students. According to the study plan of the major, the students complete a term paper entitled “Calculation of efficiency indicators of transportation processes in industrial transport systems”. The term paper deepens the knowledge on the course, allows practical application of the acquired skills of calculating the basic parameters of transportation processes and systems, and is an important stage in mastering the material of the course. Writing, documentation and presentation of the term paper is completed individually by the student in accord with the given method guide. The time necessary for completing the term paper comprises...
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...Chapter 16 Models with Binary Dependent Variables An interesting group of applications uses a dependent variable (y) that takes the values of either 0 or 1 (a binary variable – commonly known as a dummy variable or indicator variable). Example A problem in transportation economics is to explain the choice between driving a car and taking the bus when commuting to work. For a random sample of N = 21 workers who commute to work the mode of transport is coded as the dummy variable: 1 yi = 0 individual i drives a car to work individual i takes the bus to work The choice of transportation may be influenced by a variety of factors. A key variable is: xi the extra time in minutes needed for a bus journey compared to travel by car (this may be negative to indicate that a bus journey is faster than using a car), for i = 1, . . . , N. 1 Econ 326 - Chapter 16 The linear probability model explains the choice variable by the linear regression equation: y i = β1 + β 2 x i + e i for i = 1, 2, . . . , N Estimation by the least squares principle (OLS) gives parameter estimates of β1 and β 2 as b1 and b2 . For some value of interest x 0 a prediction is calculated as: y 0 = b1 + b 2 x 0 ˆ ˆ The predicted value y 0 has the interpretation as the probability that the event will occur ( y = 1 ) given the value x 0 . For the transportation to work example, y 0 is the probability that an ˆ individual will drive a car to work given a difference in travel time for a bus journey compared...
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...High Speed Rails Contents High Speed Rails 3 Chapter I - Introduction 3 I.1 Statement of the Problem 3 I.2 Question of the Study 3 I.3 Objective of the Paper 3 I. 4 Significance of the Study 4 Chapter II - Literature Review 4 II.1 Introduction and a Short Page of History 4 II.2 What is it exactly? A Definition 5 II. 3 What Are the Costs? 6 II. 4 Advantages of High-Speed Rails 8 II. 5 Disadvantages of High-Speed Rails 12 II. 6 Pollution 13 Chapter III – Methodology 18 Chapter IV – Findings 18 Chapter V – Conclusion 21 Abstract Technological developments are always meant to ease humans’ lives, in terms of commodity, and to offer performing solutions for their needs. However, often the technological developments are working in the benefit of humankind evolution, but in the detriment of the nature. High-speed rails are a model of such solutions, meant to improve humans’ lives. Their high speeds (between 200 and 431 km/hour), and their easy boarding (the time spent in boarding is less than 30 minutes, depending on the travelling class), transform the meaning of travelling, making it a real experience. Moreover, the high-speed rails lead to indirect benefits such as allowing the possibility to travel for business purposes, or to working relocation. On the other hand, indirectly, high-speed rails create negative outcomes: urban agglomerations because of this efficient transportation mode, automatically lead to people deserting the rural regions, for...
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...iOREGON DEPARTMENT OF TRANSPORTATION GEOMETRONICS 200 Hawthorne Ave., B250 Salem, OR 97310 (503) 986-3103 Ron Singh, PLS Chief of Surveys (503) 986-3033 BASIC SURVEYING - THEORY AND PRACTICE David Artman, PLS Geometronics (503) 986-3017 Ninth Annual Seminar Presented by the Oregon Department of Transportation Geometronics Unit February 15th - 17th, 2000 Bend, Oregon David W. Taylor, PLS Geometronics (503) 986-3034 Dave Brinton, PLS, WRE Survey Operations (503) 986-3035 Table of Contents Types of Surveys ........................................................................................... 1-1 Review of Basic Trigonometry ................................................................... 2-1 Distance Measuring Chaining ................................................................... 3-1 Distance Measuring Electronic Distance Meters ................................... 4-1 Angle Measuring .......................................................................................... 5-1 Bearing and Azimuths ................................................................................ 6-1 Coordinates .................................................................................................... 7-1 Traverse ........................................................................................................... 8-1 Global Positioning System ..........................................................
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...Module: International Shipping Management ------------------------------------------------- Lecturer: Mr Eddie Tan Assignment On: What risks and perils are present in global transportation? Discuss how exporters and importers can manage these risks. Submission Date: 27th Feb 2013 Name(s) of Student: Norhazura Binti Zulkafly (Word count –1,882) Table of Content Chapter | Title | Page | 1 Introduction 3 2 Global trends and challenges in transport sector 4 3 Cargo Insurance 8 4 Transportation Perils 10 5 Managing Risks 11 6 Insurable interest 12 7 Summary 13 9 Bibliography 14 1. Introduction The global economy is going through a highly volatile period as highlighted in the Transportation Profile. Diesel and bunker fuel prices have been largely unpredictable, thanks to the wild swings in crude oil prices (peaking at nearly $150 per barrel before plummeting to less than $40 per barrel in 2008). Demand for industrial and consumer products has contracted after years of unprecedented growth, due to rising prices and a global recession, and companies have struggled to secure needed financing because of the global credit crunch. They create extreme challenges in the market for global transportation services. Just a few short years ago during the global trade boom, ports were testing the limits of their capacity, ocean carriers were placing orders for new ships, and freight customers...
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...[pic] |Quantitative Methods – MAT 540 | |Student Course Guide | |Prerequisite: MAT 300 | |INSTRUCTIONAL MATERIAL – Required | |( including all mandatory software) | |Taylor, B. M. (2010). Introduction to management science (10th ed.). Upper Saddle River, NJ: Pearson/Prentice Hall. | |Treeplan add-on for Excel. This software is available in the Open Lab at Strayer campuses, and can also be downloaded from the textbook's | |companion Website. http://wps.prenhall.com/bp_taylor_introms_10/112/28870/7390752.cw/-/7390754/index.html | | | |COURSE DESCRIPTION | |Applies quantitative methods to systems management...
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...nations. This is an essential component in learning and understanding international trading principles and concepts. 2. Learning Outcomes: The objective of this course is to enable students to: 1. Understand nature ,scope and structure of international business 2. Understand impact of environmental factors on international business operations 3. Learn role of international economic institutions and global and regional trade agreements 4. Know about role of foreign trade in Indian Economy. 3. Module Overview The course will be covered in 20 sessions, including Mid Term exam after 10th session and each session is of 1 hour and 30 minutes. 4. Book (Text Book): Joshi, Rakesh Mohan, International Business, Oxford University Press, 2013. Suggested Readings (Reference Books/Articles Etc): Daniels, John D., et al (2010).Pearson, 2013 SESSION | TOPIC | 1 | Globalization and International Business | 2 | Theories of International Trade | 3 | International Trade Patterns and balance of Payments | 4 | Case Study 1: Developing Countries ‘...
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...Transit making large advertising budget not nearly has an effective competitive weapons an effective weapon in the past. As the weapons of them game seem to rapidly change and seem to be almost completely unpredictable at times this new competitive advantage makes companies even larger ones adopt new ways of thinking. The new competitive mind set must value flexibility, speed, innovation, integration, and the challenges that evolve from constantly changing conditions (Chapter Notes). A term often used to describe the new realities of competition is hyper competition, a condition that results from the dynamics of strategic moves and countermoves among innovative, global firms: a condition of rapidly escalating competition that is based on price-quality positioning, efforts to create new know-how and achieve first-mover advantage, and battles to protect or to invade established product or geographic markets (Chapter 1). “In 1979 NJ TRANSIT was created and now is New Jersey's public transportation corporation is massively used every single day for common user as well as non-jersey residents. Its...
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...STRAYER UNIVERSITY THE SHELL OIL COMPANY: FUEL OIL CARGO TRANSPORTATION COST MINIMIZATION A TERM PAPER SUBMITTED TO PROFESSOR FARAMARZ FATHNEZHAD, PH.D. QUANTITATIVE METHODS FOR BUSINESS MAT540 007016 WINTER 2006 BY ALPHARD VICTOR T. ROMERO ALEXANDRIA, VIRGINIA MARCH 2006 Contents Chapter 1. Introduction…………………..…...…………..……………………..………..2 2. The Case Of Shell Oil Company……………………………….…...……..….3 3. The Case Figures And Calculations.……….…………………….….......….…5 4. Conclusions……………………….…….…………………………..…………9 Bibliography…..………………………………….…………….………………………..10 -1- CHAPTER 1 - Introduction In today’s competitive global business environment, more and more business organizations have realized that the creativity and ingenuity needed to develop new products, provide better services, grow market share, and maintain a competitive advantage can best come through an effective practice of management science (Strohmeier n.d.). One of the known and established firms who have practiced and maximize the use of the management science application is the Shell Oil Company. The Shell Oil Company is an affiliate company of the petroleum-chemical giant firm Shell Group, a global firm that operates in more than 140 countries and territories worldwide and spans its operations in different subsidiaries and divisions. The Shell Oil Company, with its corporate office headquartered in Houston, Texas, is one of the leading oil and gas producer...
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...Chapter 1 SCM takes into consideration every facility, its objective is to be efficient and cost effective, it encompasses activities at many levels, and provides competitive advantage. System approach – system-wide strategy minimizing costs over the entire supply chain Challenge of SCM: 1. Strategies cannot be determined in isolation. 2. Minimize cost while maintaining system-wide service levels. 3. Uncertainty and risk Global optimization is complex because facilities are dispersed over a large area, different facilities have different goals, it’s a dynamic system; changes over time due to changing business and customer environment, seasonal fluctuations, competitors, trends, etc. Sources of uncertainty: lead-time, demand, transportation times, component availability, etc. Approaches to manage risk: 1. Build redundancy 2. Use info to better sense and respond to disruptions 3. Incorporate flexibility 4. Improve supply chain processes to including risk assessment measures Building blocks in effective supply chain: strategic partnerships, info sharing, outsourcing, e-business. Strategic issues – deal with long term goals (number, location, capacity of facilities) Tactical issues – quarterly/yearly basis (transportation, purchasing, inventory policies) Operational – day-to-day (truck-loading, scheduling, lead-time quotations) Supply chain disruptions: * Part shortages * Roll-out problems * Order change by customers ...
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...CHAPTER 10 Differential Cost Analysis This chapter deals with the use of differential cost analysis in financial management decision making situations. The basic premise of differential cost analysis is that different costs are treated differently in different financial management decision situations. Hence the name differential costs. Two major applications of differential cost analysis are presented. The first application is called break-even analysis. In break-even analysis, differential cost analysis is used to answer the question, How much service must a human service program provide during a fiscal year in order to recover its total costs? The second application can be called decrease/discontinue decisions. In these types of financial management decisions, differential cost analysis answers the question, What will be the effect on fixed and variable costs of a decision to reduce or discontinue a human service program? Some Concepts and Definitions Before proceeding to the discussion of the applications of differential cost analysis, some basic concepts and definitions need to be introduced including fixed costs, variable costs, step costs, maximum efficiency, and surplus capacity. Fixed Costs and Variable Costs In Chapter 8 the concepts of direct and indirect costs were introduced as part of the discussion of cost analysis. As was noted in Chapter 8, the full cost, or total cost, of a human service program is the sum of its direct costs and indirect costs...
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...ROCHEM LIMITED: Introduction: John Rhodes is the founder of Rochem ltd, he was a young research chemist when he joined the company. The company’s first real success came in early 60’s when they launched their first meat based preserver. Other products such as food colours and coating forms about 25% of the total sales of the company. 1. THE DECISION: John forms a committee of four members to make a simple decision regarding the purchase of new machinery. The committee comprises of following members: The Marketing Manager The Production Manager The chief Chemist The Accountant The members present their personal point of view as regards to which machine they should purchase. As par the market survey there are two machines available namely: chemex and UFA. Both the machines have their pros and cons. The committee comes to no conclusion and John has to interfere and make a decision. Each member presents his point of view to John who has to make a quick decision. 2. CLASSIFICATION AND CONTEXT OF DECISION: The decision to purchase new machinery is operational decision in context. As it involves decision which focuses on smooth functioning of the company and does not involves goal setting or creating the vision. However, it is also and unstructured decision. As the four members have their own interest at the heart and gives out their own valued opinion it is of no use as no decision has been made as yet. 3. Which machine the company should buy and why...
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