Mape 1 - Study guides, Class notes & Summaries

Ch. 1 Define Supply Chain Management The flow of products and services from: Raw materials manufacturers Component and intermediate manufacturers Final product manufacturers Wholesalers, distributors, and retailers Ch. 1 Upstream and downstream, tiers of supply chain UPSTREAM to suppliers and DOWNSTREAM to customers Tiers and others: tiers go backwards and upward to 1st and 2nd etc. Ch. 1 Four Foundations of Supply Chains Supply Management - managing suppliers Operation...

Final Project Assignment SCM 301 Overview of the Case Analysis We have discussed many concepts in SCM 301 related to planning, sourcing, making and delivering products and services. The purpose of this case analysis is to integrate the different elements of the course and to apply tools you have learned evaluate the supply chain performance. Consider yourself a consultant assigned to develop a supply chain management strategy for the company Throx. You are tasked with evaluating the comp...

Question Question 1. A plant manager is considering buying additional stamping machines to accommodate increasing demand. The alternatives are to buy 1 machine, 2 machines, or 3 machines. The profits realized under each alternative are a function of whether their bid for a recent defense contract is accepted or not. The payoff table below illustrates the profits realized (in $000's) based on the different scenarios faced by the manager. Alternative Bid Accepted Bid Rejected Buy 1 machine $10 $5 ...