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3 years ago

Describe the company using a minimum of 4 factors that influence network design decision in supply chains.

Business

1 answer:

timurjin [86]3 years ago

8 0

Answer:

The company will have the ability of meeting target of accomplishing long-term strategic objectives.

Explanation:

The supply chain network design can be described or explained as a process of building and modelling a supply chain, in order of having a better understanding of the associated time and cost of transporting or moving goods to the market based on the available resources and location.

there steps to be followed when considering the designing of supply chain network, these are

* Defining the business objectives

* Defining the scope of the project

* Determination of form of analyses

* Determination of the tools to be used

* Project completion.

Some of the factors associated with supply chain network design include

* Infrastructural factor, * Technological factor, * Cost of logistics and facilities

* Competitive factors, * strategic factors, among others.

In summary, the supply chain network design will the company to balance service levels against many processes, starting from production and purchasing cost, carrying cost, facility cost to transportation cost and risk.

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Consider this problem: Fast Auto Service provides oil and lube service for cars. It is known that the mean time taken for oil an

astraxan [27]

Answer:

The maximum time guaranteed = 19.04 minutes.

Explanation:

From the given problem data, we have:

Let Y be the random variable which follows the normal distribution.

So,

Y ~ N(u = 15, SD = 2.4

Where, u = mean and SD = Standard Deviation

Let the maximum time guaranteed is = M

So,

P (Y > M) = 0.05 equation 1

Convert this equation 1 into standard normal variable, that is,

P(Y> M) = 0.05

1 - P(Y $\leq$ M) = 0.05

P(Y $\leq$ M) = 1 - 0.05

P(Y $\leq$ M) = 0.95

P $(\frac{Y-u}{SD} \leq \frac{M-u}{SD} )$ = 0.95

P ( Z $\leq \frac{M - 15}{2.4}$ ) = 0.95 Equation 2

From the equation 2, we have,

$\frac{M-15}{2.4}$ = 1.644853627

1.644853627 value is from using the function of Excel

( =NORSINV(0.95)) = 1.644853627

So,

M = 1.644853627 + 2.4 + 15

M = 19.04

Hence, the maximum time guaranteed = 19.04 minutes.

6 0

2 years ago

Help me with this please it is very important!!!!!

Vinvika [58]

Listening, checking for understanding

6 0

2 years ago

If the marginal propensity to consume (MPC) is 0.8 and taxes decrease by $200, then real GDP will: Please choose the correct ans

NNADVOKAT [17]

Answer:

increase by $800

Explanation:

if taxes decrease by 200 then

GPD x tax multipler = net impact on GDP

the tax multiplier is calculated as follows:

$\frac{MPC}{1 - MPC}$

$\frac{0.8}{1 - 0.8} = \frac{0.8}{0.2}$

multiplier = 4

tax variation x multiplier

200 x 4 = 800

As the taxes decreases the effect on the GDP is positive.

7 0

2 years ago

The final resting temperature for sea food should be

Ad libitum [116K]

Answer:

145 Fahrenheit (62.8 Celsius)

7 0

2 years ago

Frictional unemployment is Question 10 options: a result of business recessions that occur when aggregate demand is insufficient

Archy [21]

Answer:

a result of a poor match of worker's abilities and skills with current requirements of employers.

Explanation:

Frictional unemployment is a result of a poor match of worker's abilities and skills with current requirements of employers.

The Cause of frictional unemployment is if there is a mismatch between job-seekers and available jobs in the market, that is considered frictional unemployment. This is generally due to the natural career progression for an employee, and their natural transition to a new job, industry, or role.

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2 years ago