Description
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Logistics Management
1. Dycon, a pharmaceutical company, wants to establish a new production system for logistics to carter to growing market demand. For this a team is formed whose sole purpose is to establish a total linkage system between production, sales and logistics. Explain how this team should go about to establish a Market Linkage Production System (MLPS) that will eliminate overstock and shortage problems. (10 Marks)
2. A hardware stores stocks paints in a warehouse and sells them through its retail stores. The warehouse stocks different shades of paint, however, the maximum sale is for white shade. The forecasted demand for white shade is 10,000 liters per annum. The estimated cost of carrying inventory of white paint is Rs.0.75 per liter. It costs the stores Rs.150 to place an order for paint. The store’s manager wants to find the optimal order size and total inventory cost for white paint. Can you help him find answers to his question? (10 Marks)
3. Mode of transport is a general term for the different kinds of transport facilities that are often used to transport people or cargo. Where more than one mode of transport is used for a journey, it can be described as multi-modal.
a. What are the various multi-modal transport that can be used and what will be the benefits? (5 Marks)
b. Discuss any five important factors you will consider while developing transportation rates. (5 Marks)
For Nmims Assignments Contact
[email protected]
+91 95030-94040
doc_874950283.doc
For Nmims Assignments Contact
[email protected]
+91 95030-94040
Logistics Management
1. Dycon, a pharmaceutical company, wants to establish a new production system for logistics to carter to growing market demand. For this a team is formed whose sole purpose is to establish a total linkage system between production, sales and logistics. Explain how this team should go about to establish a Market Linkage Production System (MLPS) that will eliminate overstock and shortage problems. (10 Marks)
2. A hardware stores stocks paints in a warehouse and sells them through its retail stores. The warehouse stocks different shades of paint, however, the maximum sale is for white shade. The forecasted demand for white shade is 10,000 liters per annum. The estimated cost of carrying inventory of white paint is Rs.0.75 per liter. It costs the stores Rs.150 to place an order for paint. The store’s manager wants to find the optimal order size and total inventory cost for white paint. Can you help him find answers to his question? (10 Marks)
3. Mode of transport is a general term for the different kinds of transport facilities that are often used to transport people or cargo. Where more than one mode of transport is used for a journey, it can be described as multi-modal.
a. What are the various multi-modal transport that can be used and what will be the benefits? (5 Marks)
b. Discuss any five important factors you will consider while developing transportation rates. (5 Marks)
For Nmims Assignments Contact
[email protected]
+91 95030-94040
doc_874950283.doc