Given the information provided below and a budget of $6,500,000, what is the most that Loyola Machining can pay for each manufactured unit? Assume one year is 250 working days and the order size is 5,200 units. Use the Total Supply Chain Cost Excel template for your analysis. Do not round intermediate calculations. Round your answer to the nearest cent. Price per unit: $ Annual Demand (D) 478,400 Price per Unit (P) ? Oversight Cost per Unit (0) $0.33 Transport Cost per Unit (Ct) $3.25 Order Cost (Co) $170 Cost to Store One Unit One Year (Ch) $9.00 Order Lead Time in Days (L) 30
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- Review the strategic implications of supply chains as described in the text. Does Crayola have efficient or responsive supply chains, or both? Explain your position.Mattress Wholesalers, Inc. is constantly trying to reduce inventory in its supply chain. Last year, cost of goods sold was $7.48 million and inventory was $1.4 million. This year, costs of goods sold is $8.57 million and inventory investment is $1.62 million. What is its weeks of supply this year? nothing weeks (round your response to two decimal places).Given the information provided below, what are the procurement, oversight, transportation, order cycle inventory, pipeline inventory costs, and total supply chain costs for using the supplier Ebert, Inc. Ebert manufactures small speakers for automobiles in its factory in the Philippines. The order size is Q= 7,000 units and the supply chain operates 300 days a year. Do not round intermediate calculations. Round your answers to the nearest dollar. CertifiedSupplier AnnualDemand (D) Price perUnit (P) OversightCost perUnit (O) Transport Costper Unit (Ct ) Order Cost(Co ) Cost toStore OneUnit OneYear (Ch ) Order LeadTime inDays (L) Elbert, Inc. 224,000 $6.99 $0.22 $2.38 $140 $5.39 55 Procurement cost: $ Oversight cost: $ Transportation cost: $ Order cycle cost: $ Inventory holding cost: $ Pipeline invenory cost: $ Total supply chain costs: $
- Is this statement true or false? Please explain in detail. Savings in the supply chain exert more leverage as the firm`s net profit margin decreasesUsing the Library, Internet, or any other available materials, discuss how implementation of CPRF between supply chain partners can significantly reduce the bullwhip effect. State at least 2 supply chain performance metrics that would be improved. Be sure to reference all sources using APA style. 1000 wordsCustomer satisfaction is the desired result of any supply chain management strategy. Q.1 - Explain to the managers of Converse, the relationship between flexibility, inventory, and customer satisfaction.Q.2 - Converse sneakers are produced in Indonesia. Identify the most suitable method of transport to be used for delivery from Indonesia to stores in South Africa. Motivate your answer. Q.3 - Would the following warehousing activities be necessary for Converse’s business?• Storage• Bulk breakingExplain your answer
- Search the meaning of a “closed supply chain”. What does it mean? Why it is important for the companies to close their supply chain? Explain how Amazon structures the flow of product, information, and funds to meet customer needs in the most cost-effective manner? (Hint: consider returned items, too). Explain how Costco business model is different from Stop and Shop business model in terms of the supply chain surplus.Review the strategic implications of supply chains in the context of Crayola. Does Crayola have efficient or responsive supply chains or both? Explain your position.No written by hand solution The questions below refer to the following SAME paragraph: Suppose a retailer Mojo, holds safety stock for an item to accommodate a 98% service level with uncertain demand. There are two supply options: Supplier X taking 5 days to deliver replenishments, and Supplier Y taking 3 days to replenish. Both suppliers charge the same price for the item. Ignoring differences in fixed order costs, the retailer should choose: Group of answer choices Supplier X Option Y only if the critical ratio is less than 0.9 Option X only if the critical ratio is greater than 0.9 Supplier Y
- the following data has been provided relating to one of the essential supplies that is utilized for Barloworld logistics operations. usage is approximately 10 brackets per day during the year. the brackets are purchased from a supplier 90km away and the costs incurred include holding costs per bracket per year of R1.50, order cost per order of R18.75. the lead time is 2 days and working days per year is 250 days. advise the management on the following inventory management issues. Examine the factors that you will prioritise at Barloworld in ensuring that inventory management adds value to the organisation and improves on its competitive advantage. what would be the economic order quantity? the annual inventory holding costs. how many orders would be made each year? what would be the annual order cost? what is the time between orders and the reorder point (ROP)?One of the best-known examples of how an organization can use its supply chain to achieve a competitive advantage is the Benetton Group. Founded by the Benetton family in the 1960s, the company is now one of the largest garment retailers, with stores which bear its name located in almost all parts of the world. Part of the reason for its success has been the way it has organized both the supply side and the demand side of its supply chain. Although Benetton does manufacture much of its production itself, on its supply side the company relies heavily on ‘contractors’. Contractors are companies (many of which are owned, or part-owned, by Benetton employees) that provide services to the Benetton factories by knitting and assembling Benetton’s garments. These contractors, in turn, use the services of sub-contractors to perform some of the manufacturing tasks. Benetton’s manufacturing operations gain two advantages from this. First, its production costs for woolen items are significantly…good day please help me with this question you are required to critique the strategic importance of procurement and inventory based on its purpose in the supply chain (safety/buffer stock and seasonal stock) in relation to Nestle.