Learning Goal: I’m working on a management discussion question and need the explanation and answer to help me learn.
4.1 Learning Outcomes:
- Explain the concept of value and its implications for managing the supply chain.
- Explain how logistic costs can be managed for better value creation.
4.2 Action Required:
- The following table shows various costs incurred by a manufacturing company:
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Cost |
Variable cost |
Fixed cost |
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Depreciation |
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Cost of shipping finished goods to customers |
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Wood used in manufacturing furniture |
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Manager’s salary |
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Electricity used in manufacturing furniture |
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Packing supplies for shipping products |
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Sand used in manufacturing concrete |
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Supervisor’s salary |
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Advertising costs |
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Executive’s life insurance |
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4.3 Test your Knowledge (Question):
- Answer with a tick mark or write in words which is a fixed cost, and which one is a variable cost.
4.4 Instructions
- Answer the question in the test your knowledge section.
- Post your answer on the discussion board using the discussion link below
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5.1 Learning Outcomes:
- Identify challenges that internationalization presents to logistics management.
- Discuss the drivers and logistics implications of internationalization
- Determine the forces shaping international logistics
- Analyze the structure and management of a global logistic network
5.2 Action Required:
- Watch the short video at the following link
https://www.youtube.com/watch?v=qQhb-n6uKUo
5.3 Test your Knowledge (Question):
- Differentiate between outsourcing differ from offshoring?
5.4 Instructions
- Answer the question in the test your knowledge section.
- Post your answer on the discussion board using the discussion link below
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7.1 Learning Outcomes:
- Explain time-based competition.
- Differentiate P:D ratios and differences.
- Analyze how organizations compete through managing lead time.
7.2 Action Required:
- Watch the short video at the following link
7.3 Test your Knowledge (Question):
- What do you understand by bullwhip effect?
7.4 Instructions
- Answer the question in the test your knowledge section.
- Post your answer on the discussion board using the discussion link below
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8.1 Learning Outcomes:
- Explain the supply chain planning and control process.
- Analyze initiatives to overcome poor coordination in retail supply chains.
- Evaluate the material flow model in a supply chain.
8.2 Action Required:
- Read the research paper through the following link
https://www.researchgate.net/publication/228438411…
8.3 Test your Knowledge (Question):
What is supply chain planning controls?
8.4 Instructions
- Answer the question in the test your knowledge section.
- Post your answer on the discussion board using the discussion link below