Book citation: Jacobs, F. R. (2019). Operations and Supply Chain Management: The


Book citation: Jacobs, F. R. (2019). Operations and Supply Chain Management: The Core (5th Edition). McGraw-Hill Higher Education (US). https://devry.vitalsource.com/books/9781260443295
Week 8—Supply Chain Core Concepts Summary (250 points)
This assignment consists of a summation of the core concepts learned in this course, covering Chapters 1–14 of the textbook.
Instructions:
The student will answer the following questions given the matrix below.
The questions will be weighted 15 points each for the first six questions (90%) and 12 points for the last question (10%).
The answers to each question should be approximately half page, single-spaced, Times New Roman 10 font, standard margins.
Any graphs or charts do NOT count towards the half page requirement.
It is my strong suggestion that students complete this paper as the class progresses and not wait until the Module 8 period to complete the work in its entirety.
The student may select which question to answer based on the criteria listed below.
Six questions to be selected from the following list are as follows.
Select either Question 1 or 2
Select either Question 3, 4, or 5
Select either Question 6 or 7 or 8
Select either Question 9 or 14
Select either Question 10 or 11
Select either Question 12 or 13
Questions:
[Source: Chapter 1]: Define the five operations and supply chain processes. Discuss how each identified process can be applied to both a product and a service.
[Source: Chapter 2]: Explain the concept of supply chain risk. Discuss how the use of risk mapping can help identify and mitigate supply chain risk. Use a specific example to support your answer to this question.
[Source: Chapter 3]: Explain the difference between an exponential smoothing forecasting model and a regression forecasting model. Explain the supply chain assumptions linked to each model why it is important to validate these assumptions prior to the use of either the exponential smoothing forecasting model and a regression forecasting model.
[Source: Chapter 4]: Link the concept of long, intermediate, and short-range planning to forecasting strategies. Explain how the determination of capacity requirements and a capacity cushion links forecasting strategies to the concept of long, intermediate, and short-range planning.
[Source: Chapter 8]: Explain the concept of sales and operations planning and link this concept to both capacity planning and forecasting. Use a specific example to support your answer to this question.
[Source: Chapter 6]: Explain the make-to-stock process. Link this concept to and understanding of customer lead time and inventory investment. Use a specific example to support your answer to this question.
[Source: Chapter 7]: Relative to the platform service business model and service failsafing, explain how the concepts can be utilized to provide proper service while mitigating any potential risks to performance. Use a specific example to support your answer to this question.
[Source: Chapter 9]: Explain the concept of material requirements planning (MRP) and link this concept to inventory holding costs. Explain how each inventory holding cost is affected by MRP and how this analysis can mitigate supply chain risk.
[Source: Chapter 14]: When selecting location areas, what are six areas that require consideration. In your answer, define these areas. Then, how do these areas affect the effective operation of the total supply chain management process?
[Source: Chapter 10]: Explain how the analytical tools for Six Sigma and continuous improvement can be applied to assure the dimensions of design quality are achieved relative to supply chain management. Link this concept to supply chain risk mapping and to service fail-safing. Use a specific example to support your answer to this question.
[Source: Chapter 12]: Explain the concept of a value stream map, the value provided by utilizing a value stream map, and how statistical process control can be applied to the value stream map to help improve a supply chain process.
[Source: Chapter 11]: Explain the concept of inventory turns and link this to concepts of make-to-stock and forecasting theory.
[Source: Chapter 13]: Explain the concept of the bullwhip effect. What is some way to anticipate, mitigate, and prevent a bullwhip effect? If a bullwhip effect happens, what is the impact on the supply chain management process?
[Source: Chapter 14]: Explain what mode of transportation is involved in the movement of the greatest number of products; and what mode of transportation is limited to specialized products such as liquids and gases?
Mandatory question—this question must be answered:
In our class, we have discussed many areas of supply chain management. We had some very active and detailed discussions, read the text, and produced a holistic supply chain paper that addressed each objective of the course. If you were asked by a peer or your supervisor regarding the value you found in the class, what would be your response? Expand on why the areas you identified added value. How will you apply the concepts of the class?
Grading Rubric
If you submit the required number of pages, you are eligible for full credit.
If you submit less than the full number of pages (i.e., 5 pages were submitted and 10 pages were required) then you will receive a deduction. In this example, the deduction would be 50%.
A full page is a full page. So, one sentence on a page does not constitute a full page.
Category
Points
%
Criteria
Content
250
100%
Quality work will have a significant scope and depth of research to support any statements. Relevant illustrations or examples are encouraged. Quality work will employ a sound use of reasoning and logic to reinforce conclusions.
Each identified question is addressed using the language of the course and text. The answers show a deep knowledge of the subject matter and have detailed and supporting examples (90–100%).
Each identified question is addressed using the language of the course and text. The answers show an intermediate knowledge of the subject matter and have examples that, although useful, are vague (80–89%).
Each identified question is addressed but fails to use the language of the course and text. The answers show an intermediate knowledge of the subject matter and have examples that, although useful, are vague (70–79%).
Each identified question is addressed but fails to use the language of the course and text. The answers show an elementary knowledge of the subject matter. Examples, if provided, are not well correlated to the identified question (60–69%).
The identified questions are not addressed or are addressed in such a vague manner that it is difficult to understand how the answers support a comprehensive supply chain process (0–59%).
Total
250
100%
A quality paper will meet or exceed all of the above requirements.


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