MGF5961 Take-home Test (2024 Semester One)

发布时间：2024-05-27

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MGF5961 Take-home Test (2024 Semester One)

Instructions:

1. Please complete this test using the answer template which can be downloaded from MGF5961 Moodle site, see Assessment 3 Tab.

2. All answers MUST be submitted via Moodle. The due date is 9.30am, 05 June 2024 (AEST)

3. This final test comprises three compulsory questions with total points of 40. Marks have been allocated for each question. You need to answer ALL questions.

4. For the calculation questions, please show all calculation steps clearly. Please use integers in the final answer.

5. No more than 500 words, excluding references, for each discussion question. No word- limit to the calculation question.

6. You must NOT use generative AI to generate any materials or content in relation to this assessment task.

7. Any student found to be cheating will be reported to the Faculty and dealt with through the University’s Policy on academic integrity (cheating and collusion).

Cheating: means to seek to obtain an unfair advantage in an examination or written, oral or practical work, required to be submitted or completed for assessment in a course or unit of study and includes the resubmission of work that has already been assessed in another unit.

Collusion: means unauthorised collaboration on assessable written, oral or practical work with another person or persons.

1. As the lack of coordination hurts the performance of a supply chain in many aspects, e.g., efficiency, responsiveness, and operational costs, please critically discuss the importance of collaboration among multi-stakeholders involved in supply chain management for companies or organizations. What are the different types of collaboration in supply chain management? Support your answer using two real-world examples illustrating the successful implementation of collaboration strategies among stakeholders in supply chain management. (12 marks)

2. Transportation management ensures the smooth and timely movement of raw materials or products from suppliers to manufacturers, warehouses, distribution centres, and ultimately to the end customers. In particular, multiple options of transportation network are designed to enhance the responsiveness in a supply chain. Critically discuss what are the key capabilities, advantages, and disadvantages of direct distribution, distribution centres, and cross-docks. For each of the options explain the impact on supply chain responsiveness. Support your answer with real-world examples illustrating the implementation and outcomes of each transportation option. (12 marks)

3.A snowboard manufacturer makes the end product, denoted as an item A, using multiple key components. The relationship and lead time between the snowboard (item A) and components are summarized in Table 1. Based on the historical data (see Table 2), the manufacturer aims to forecast the demand of the snowboard (item A) in week 8 before conducting its ordering decisions. There are 15 units of B item, and 130 units of E item stored in its inventory. In addition, 50 units of H item will be arrived in week 4.

Table 1. The product information

Components	Lead Time (weeks)	Components
A	1	B(2), C(1)
B	3	D(2), E(2)
C	1	E(4), D(2)
D	1	-
E	1	H(3), K(1)
H	1	-
K	1	-

Table 2. Historical Sales Data of the Item A

Week	Sales Quantity	Week	Sales Quantity
1	40	5	62
2	45	6	65

3	60	7	68
4	59	8	?

(i) Please assist the manufacturer in generating demand forecast of the snowboard (item A) for week 8 using the linear regression method. (2 marks)

(ii) Develop the product structure and a master production schedule for item A. (2 marks)

(iii) The demand for item A in the following questions, i.e., (c), (d) and (e), is generated from your answer to question (a). Develop the material requirements planning forms for items A, B, and E items, respectively, using the lot-for-lot technique. (6 marks)

(iv) For ordering and handling item E, the setup cost per order is AU$50, and the unit holding cost is AU$3/week. Develop the material requirements planning form for item E using the economic order quantity (EOQ) technique. Please use integer in the final answer. (4 marks)

(v) Based on the answers obtained in (iii) and (iv), compare the total cost, including setup cost and holding cost, for item E using lot-for-lot technique and EOQ technique. When calculating the holding cost, please include those units on hand at end of week 8. (2 marks)