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Op Management > E2, Ch 15: Logistics, Distribution Mg > Flashcards

E2, Ch 15: Logistics, Distribution Mg Flashcards

1
Q

the arrow in the FedEx logo stands for…

A

speed and accuracy

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2
Q

vision of FedEx

A

information about the package is as important as the delivery of the package itself

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3
Q

logistics

A

art and science of obtaining, producing, distributing material and product in proper place and quantities

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4
Q

logistics is the flow of … (3)

A

information
money
documentation

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5
Q

trucks/18-wheelers offer…

A

great flexibility

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6
Q

LTL

A

less than truckload
smaller shipments

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7
Q

FTL

A

full truckload
shipments that fill entire trucks

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8
Q

common carrier/parcel

A

a company in business of transporting goods for other companies
ex. USPS, FedEx

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9
Q

private transportation mode

A

company uses its own trucks
ex. Amazon

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10
Q

shipping transportation mode

A

high capacity and low cost, but slow
primary form of imports and exports

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11
Q

what will happen if the strike at the ports persist

A

backlog of containers
prices temporarily increase

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12
Q

planes as a transportation mode

A

fast but expensive

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13
Q

rail/train as a transportation mode

A

slowest but low cost

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14
Q

pipeline as a transportation mode

A

high specialized
liquids, gases, solids in slurry form
high flammable or could be deadly

no packaging needed, costs per mile slow

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15
Q

hand delivery

A

last step in many supply chains

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16
Q

warehouse

A

goods stored for future use

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17
Q

distribution center

A

warehouse that performs additional services for processing orders

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18
Q

cross-docking

A

approach where large incoming shipments are broken into small shipments for local delivery

ex. usually have a warehouse w/ a dock on both sides;
one side brought into fulfillment area; on other side they are loaded onto the trucks for delivery

19
Q

hub and spoke

A

systems combining ideas of consolidation and cross-docking

20
Q

fulfillment centers

A

distribution centers designed to handle small orders to help prepare for shipment to individual retail customers

do cross-docking and are considered a warehouse and distribution center all in one

21
Q

item storage in a distribution facility can be based on a ________ _______

A

locator system

22
Q

proximity to customers makes…

A

rapid delivery easier

23
Q

business climate

A

can include presence of similar sized businesses, businesses in same industry, and other foreign companies

24
Q

total costs

A

objective is to minimize overall cost

25
Q

tariffs

A

special type of tax on the imports/exports of a country used by govt to generate revenue

26
Q

importance of infrastructure

A

adequate road, rail, air, etc transportation along w/ energy and telecommunications

27
Q

quality of labor

A

educational and skill levels must match needs

28
Q

proximity to suppliers supports…

A

lean production

29
Q

other facilities

A

location of other facilities can influence location decision

30
Q

free trade zones

A

closed facility where foreign goods won’t be subject to normal customs requirements

31
Q

political risk

A

risks in both country of location and host country
ex. presidential election

32
Q

govt barriers

A

barriers in many countries are being removed

33
Q

trading blocs

A

firms location w/in a bloc to take advantage of new markets
CLUSTERING

34
Q

environmental regulation

A

must be included in decisions

35
Q

host community

A

host community’s interest is part of evaluation process

some areas have strong sense of community, a new company randomly coming in may be challenged

36
Q

competitive advantage

A

is there an advantage in this location

37
Q

choosing location: factor rating system

A

most widely used;
1. list of factors and sites developed
2. each site rated against each factor on a numerical scale
3. site with most points on a weighted scale is selected

38
Q

choosing location: centroid method

A

used for location single facilities, considering distances and volumes between and of existing facilities
plots coordinates on a plane*refer to slides

centroid point is the best location, therefore choose the closest

39
Q

most important decision point in locating a service facility

A

proximity to customers WHILE maximizing profits

40
Q

Location A:
$200,000 FC
$5 VC/unit
$75,000 transportation

Location B:
$300,000 FC
$3 VC/unit
$120,000 transportation + 35% discount

50,000 units
what location?

A

Both have the same FC/VC costs of $450,000

Location A transportation cost of $75k vs B of $78k

Location A

41
Q

Currently, a bakery has the capacity to produce 400 loaves/day but are considering expanding capacity to meet a 90-day demand.
Expansion cost = $36k, and each loaf cost $2 in materials and $3 in labor. The SP is $8.
After the expansion capacity will increase to an additional 650 loaves.

  1. How many days will it take to produce enough loaves to cover the cost of expansion?
  2. After expansion, how many loaves will be produced to meet 90-day demand?
  3. What will be that profit?
A
  1. 8-5= $3 CM
    3*400= $1200 profit/day
    $36k/1200= 30 days
  2. 90-30= 60 days
    1050*60= 63k loaves
  3. 63k*3= $189k profit
42
Q

A computer company receives an order for 150 computer screens. The demand forecast for this month was 140 computers. The planner determines ending inventory for the month will be 60 computers.

How many computers will be on the MPS to be produced?

A

150+60= 210

43
Q

The MPS has a product whose longest lead time item requires 16 weeks for fulfillment. However, the accumulative lead time for product subassembly from an in-house supplier requires 12 weeks. What should be the minimum time fence for the MPS?

A

4 months (16 weeks)

44
Q

A restaurant can hold 408 people during a 12-hour shift. During peak dining hours, lasting for 3 hours, the restaurant serves about 96 people. On average the restaurant serves about 324 people daily. What is the (1) design capacity during peak hours and (2) capacity utilization during peak hours?

A
  1. 408/12= 34*3=
    102 people
  2. 96/102= 94%

Op Management (17 decks)

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