5 mgt4059 assignment questions

Supplier Selection

Supplier selection is now a global concern, with competition coming from countries all over the world. Circumstances like hurricanes, earthquakes, and tsunamis have a negative impact on the movement of products from country to country (and even between companies in the same country). Investigate such international supply chains and answer the following questions:

• When determining the supplier who should be used in procuring a product, to what extent does location (proximity to the customer) impact the desirability of a supplier?
• What factors can offset (at least partially, if not entirely) the lack of desirability of a location (in terms of its proximity to the customer)?
• How is supplier selection related to the execution of a successful corporate strategy?
• What company is well known for its successful or tightly integrated supply chain relationships? Cite a source for your suggested company to document that the company is thought to do well in the competitive environment.

Submission Details:

• Submit your report in a two- to three-page Word document, using APA style.
• Submit it to the Submissions Area by the due date assigned.
• Name your document SUO_MGT4059_W1_ LastName_FirstInitial.doc.

Safety Stock and Reorder Point

Consider the following data.

Note: All items are independent demand items.

Based on the above data:

• Calculate the safety stock quantities and the inventory cost associated with safety stock (based on the item unit cost) for the inventory items at four different service levels (50%, 80%, 90%, and 95%).
• Develop a table to present the inventory quantities and the safety stock costs at each service level.
• Assuming that demand occurs at a steady pace every month (in other words, there is no seasonality or cyclical change in the level of demand), calculate the reorder point for each item assuming a lead time of two months and a service level of 90%.
• Develop a table to present the reorder points for all products under these conditions (two month lead time and service level of 90%).

Submission Details:

• Submit your report in a two- to three-page Word document, using APA style.
• Submit it to the Submissions Area by the due date assigned.
• Name your document SUO_MGT4059_W2_ LastName_FirstInitial.doc.

Linear Programming: Production Problem

A manufacturing company produces four different models of integrated circuits. Each type of circuit requires material, labor, and machine time. The optimal combination of the four types of circuits is limited by the constraints of availability for these three resources. The formulation of the linear programming production problem is:

Maximize Z = 12x₁ + 10x₂ + 15x₃ + 11x₄ (objective function for profit)

Subject to the following constraints:

Nonnegativity: x₁, x₂, x₃, x₄ >= 0

Where: x₁ = quantity of Product 1 produced
x₂ = quantity of Product 2 produced
x₃ = quantity of Product 3 produced
x₄ = quantity of Product 4 produced

Use Microsoft Excel and Solver to find the optimal solution for the production problem. Be sure that values selected by the computer are integers (as it doesn’t make any sense to discuss producing part of a unit of a product).

Include your interpretation of the results by stating:

• How many of each product will be produced?
• What is the profit for the optimal solution?
• What resource(s) is limiting the production?

Submit the solution for the production problem in a Microsoft Excel worksheet with proper labeling for columns and all required calculations. Submit your interpretations in a Microsoft Word document.

Submission Details:

• Submit your report in a two- to three-page Word document, using APA style.
• Submit it to the Submissions Area by the due date assigned.
• Name your documents SU_MGT4059_W3_LastName_FirstInitial.docx and SU_MGT4059_W3_LastName_FirstInitial.xlsx.

ERP

Research at least two available ERP products (from two different vendors) and answer the following questions about their systems:

• Who are the two vendors that you have selected?
• What common components do you notice that their systems share?
• What differences do you note between the two systems?
• Is the ERP software available as a single package, or are there multiple modules (components) that you can purchase independently?
• Name at least two companies that have adopted one of the ERP software packages that you have researched. Cite your sources to identify how you learned that each of these companies uses that particular vendor’s ERP software.

Submission Details:

• Submit your report in a two- to three-page Word document, using APA style.
• Submit it to the Submissions Area by the due date assigned.
• Name your document SUO_MGT4059_W4_ LastName_FirstInitial.doc.

TPM

NOTE: Do not use any organization that is referred to in the Maintenance and Reliability chapter of your textbook to complete this assignment. Select two companies that are not mentioned in this chapter.

Identify two companies in unrelated industries that use TPM approaches to ensure reliability in the products or services that they sell, and create a report responding to the following questions:

• What are the activities that they do under their TPM programs?
• What similarities do you notice between the approaches of the two companies? What differences do you identify?
• What is the importance of reliability in a production environment?
• How does TPM relate to Total Cost of Ownership (TCO)?
• Identify any elements of the 5S approach that you see in the TPM activities of the two companies.

Submission Details:

• Submit your report in a four- to six-page Word document, using APA style.
• Submit it to the Submissions Area by the due date assigned.
• Name your document SUO_MGT4059_W5_ LastName_FirstInitial.doc.