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vekshin1
3 years ago
6

Scenario 1 Your deliveries to retail stores have not been on time lately, and neither have the departures of loaded trucks from

your distribution centers. Load times are well within standards, but the trucks are just not getting on the road on time. Additionally, while you have plenty of space in the warehouse, much of the inventory has been sitting there for much longer than you anticipated and seems to be gathering dust on the shelves. Your vehicle fleet is reaching the end of its economic life span , and routine preventive maintenance is just barely staying ahead of repairs.
a. What do you believe are the root causes for late deliveries? How would you adjust operations to improve this?
b. How does the inventory situation in the warehouse contribute to the issue of late deliveries?
Business
1 answer:
Feliz [49]3 years ago
7 0

Answer:

Answer is explained in the explanation section below.

Explanation:

1. What are the root causes of late deliveries, according to you?

To begin, we must assess the current distribution network. The route of delivery (roadway), truck driver skills, poor fleet performance/condition, high unloading time at retailer stores, high truck turnover around time, and a variety of other factors are all factors that contribute to late deliveries.

2. How can you change operations to make things better?

Such options for improving the situation include:

Increasing the network's versatility by incorporating a new fleet of trucks of various sizes.

If there are several fulfilment centers, centralizing inventory (aggregation benefits) or locating new ones closer to the retailer's location are both options.

Improved forecasting approaches so that plans can be planned ahead of time

Examining the most efficient or shortest route or path between the warehouse and the retail stores.

3. What role does the warehouse inventory situation play in the issue of late deliveries?

Taking appropriate pre-cautionary steps at the warehouse level is one of the suggested ways to resolve the concerns about late deliveries.

According to the criteria, use LIFO (Last In, First Out) or FIFO (First In, First Out) inventory mechanisms.

Managing inventory at the retailer's shop by requesting additional shelf space or other storage facilities.

Organizing the products in the warehouse by product variety or in a desired series that is convenient to pick up would reduce truck waiting times.

Reviewing inventory levels and replenishing needed inventory on a regular basis to avoid stock outs and ensure safety stock availability.

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Answer:

Paired Comparison

Explanation:

Paired Comparison is a type of job evaluation method in which individual jobs are evaluated in relation to every other job, based on a ranking system, and an overall score is given for each job, determining the highest-valued job to the lowest-valued job. Here in paired comparison method an employee's work is basically evaluated by looking to every job being performed in that organisation, then after doing the comparison the relative scores are assigned to the job which needs to be evaluated. This method is different to the methods which most organisation use where jobs are evaluated specifically on the basis of your skills, performance and your knowledge. One of the drawback which this method has is that the employees start comparing themselves with other employees, not their job but their personalities and knowledge etc. which in turn creates jealousy factor which in return can decrease the overall performance of organisation.

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3 years ago
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The pre-tax cost of debt is yield to maturity of the debt.

The yield to maturity of debt is calculated as -

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Here,

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Answer:

The correct answers are the following:

1 - C

2 - B

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2 - B: The market labor supply curve is represented graphically by the relationship between the wage rate and the quantity of labor that the workers are willing to provide due to the fact that they are the one who put their work in the market in order to be used.

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