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  5. MGMT614 Assignment 1 Solution and Discussion
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MGMT614 - Supply Chain Management
MGMT614 GDB 1 Solution and Discussion
zaasmiZ
Total Marks 5 Starting Date Tuesday, June 02, 2020 Closing Date Friday, June 05, 2020 Status Open Question Title GDB No.1 Question Description Supply Chain Management MGMT614 Graded Discussion Board Total Marks: 5 Due date: June 5, 2020 Objective: To help the students understand how nature of products dictates the Supply Chain Strategy. Scenario: “CHLORO CHEM”, a chemical manufacturing company, has set up a manufacturing plant in Lahore. The company aims to produce a range of chemicals used in agriculture and food processing; which results in a number of variants of the products. The basic raw materials are the same for all the end products, but the final differentiation occurs after processing with other additives. Currently the company is following a LEAN supply chain strategy with the target to have large amounts of finished products to be held in stores. The company anticipates that this strategy will help them for the mass production of the end products, which will ultimately culminate in saving the per unit cost. Question: Being a student of Supply Chain, do you favor this strategy of the company or not – keeping in view the whole situation? Discuss with solid arguments. Instructions: Be CONCISE and PRECISE. Irrelevant information will result in deduction of marks. You are supposed to provide a brief answer in bulleted form with proper reasoning. The length of your answer must not exceed “200” words. This does not mean that the answer should be extended with unwanted details just for the sake of completing “200” words. Avoid directly copying material from any source. Provide logical points in your own words. Adopt a critical approach while answering the given question. Only logical and rational points supported by good reasoning will be awarded marks. You are advised to be specific and avoid unnecessary details or explanations as it can have negative impact on your scores. Copied material will be marked as ZERO.
MGMT614 - Supply Chain Management
MGMT614 Assignment 1 Solution and Discussion
zareenZ
Total Marks: 10 Question: Due Date: 28th January, 2020 SEMESTER FALL 2019 SUPPLY CHAIN MANAGEMENT (MGMT614) ASSIGNMENT NO.01 “The Designers” an international furniture making company wants to expand its business in Pakistan by introducing its specialized Teak-wood rocking chair. For this purpose, the company needs a warehouse to store the goods. The company has forecasted the demand of the chair to be 4000 units each year for the next four years. The revenue generated by the company is Rs.20000 per chair. A single chair takes up an area of about 10 square feet. Swift Logistics, a warehousing expert company, has offered to provide its services for storage of the goods. It has presented two alternatives: either to Lease the warehouse at the rate of Rs.10000 per 100 square feet or have it on Spot Market rate which is Rs.15000 per 100 square feet. Task: a) Being the supply chain manager of “The Designers”, you have to decide either to hire the warehouse on Lease or choose On Spot rate on the basis of a Discounted Cash Flow Analysis with discount rate of 15%; considering the fact that the only relevant cost is the warehouse cost (7 marks) b) If the company decides to shut down the production after two years, will the option chosen in Part (a) still be feasible? Provide justification for your answer (3 marks) Instructions:  In this assignment, you have to calculate the NPV (Net Present Value) of both options.  You are required to show the necessary calculations in solution.  No theoretical definitions and explanations are required in part (a).  Watch video lectures and consult book/notes to complete the assignment Important: 24 hours extra / grace period after the due date are usually available to overcome uploading difficulties. This extra time should only be used to meet the emergencies and above mentioned due dates should always be treated as final to avoid any inconvenience. Deadline:  Make sure to upload the solution file before the due date on VULMS.  Any submission made via email after the due date will not be accepted. Formatting Guidelines:  Use the font style “Times New Roman” or “Arial” and font size “12”.  It is advised to compose your document in MS-Word format.  You may also compose your assignment in Open Office format.  Use black and blue font colours only. Referencing Guidelines:  Use APA style for referencing and citation. For guidance search “APA reference style” in Google and read various websites containing information for better understanding or visit http://linguistics.byu.edu/faculty/henrichsenl/apa/APA01.html Rules for Marking Please note that your assignment will not be graded or graded as Zero (0), if:  Any of the given instructions is not followed  It is copied or plagiarized  It is submitted after the due date.  The file you uploaded does not open or is corrupt.
MGMT614 - Supply Chain Management

MGMT614 Assignment 1 Solution and Discussion

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mgmt614assignment 1solutiondiscussionfall 2019
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  • zareenZ Offline
    zareenZ Offline
    zareen
    Cyberian's Gold
    wrote on last edited by
    #1

    Total Marks: 10
    Question:
    Due Date: 28th January, 2020
    SEMESTER FALL 2019
    SUPPLY CHAIN MANAGEMENT (MGMT614) ASSIGNMENT NO.01
    “The Designers” an international furniture making company wants to expand its business in Pakistan by
    introducing its specialized Teak-wood rocking chair. For this purpose, the company needs a warehouse to store the goods. The company has forecasted the demand of the chair to be 4000 units each year for the next four years. The revenue generated by the company is Rs.20000 per chair. A single chair takes up an area of about 10 square feet.
    Swift Logistics, a warehousing expert company, has offered to provide its services for storage of the goods. It has presented two alternatives: either to Lease the warehouse at the rate of Rs.10000 per 100 square feet or have it on Spot Market rate which is Rs.15000 per 100 square feet.
    Task:
    a) Being the supply chain manager of “The Designers”, you have to decide either to hire the warehouse on Lease or choose On Spot rate on the basis of a Discounted Cash Flow Analysis with discount rate of 15%; considering the fact that the only relevant cost is the warehouse cost (7 marks)
    b) If the company decides to shut down the production after two years, will the option chosen in Part (a) still be feasible? Provide justification for your answer (3 marks)
    Instructions:
     In this assignment, you have to calculate the NPV (Net Present Value) of both options.
     You are required to show the necessary calculations in solution.
     No theoretical definitions and explanations are required in part (a).
     Watch video lectures and consult book/notes to complete the assignment
    Important:
    24 hours extra / grace period after the due date are usually available to overcome uploading difficulties. This extra time should only be used to meet the emergencies and above mentioned due dates should always be treated as final to avoid any inconvenience.
    Deadline:
     Make sure to upload the solution file before the due date on VULMS.

     Any submission made via email after the due date will not be accepted. Formatting Guidelines:
     Use the font style “Times New Roman” or “Arial” and font size “12”.
     It is advised to compose your document in MS-Word format.
     You may also compose your assignment in Open Office format.
     Use black and blue font colours only.
    Referencing Guidelines:
     Use APA style for referencing and citation. For guidance search “APA reference style” in Google and read various websites containing information for better understanding or visit
    http://linguistics.byu.edu/faculty/henrichsenl/apa/APA01.html
    Rules for Marking
    Please note that your assignment will not be graded or graded as Zero (0), if:
     Any of the given instructions is not followed
     It is copied or plagiarized
     It is submitted after the due date.
     The file you uploaded does not open or is corrupt.

    Discussion is right way to get Solution of the every assignment, Quiz and GDB.
    We are always here to discuss and Guideline, Please Don't visit Cyberian only for Solution.
    Cyberian Team always happy to facilitate to provide the idea solution. Please don't hesitate to contact us!
    %(red)[NOTE: Don't copy or replicating idea solutions.]
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    • Muhammad IsrarM Offline
      Muhammad IsrarM Offline
      Muhammad Israr
      wrote on last edited by
      #2

      kisi k pas ha today is last date

      zareenZ 1 Reply Last reply
      0
      • Abbii HassanA Offline
        Abbii HassanA Offline
        Abbii Hassan
        wrote on last edited by
        #3

        solution needed kindly send me solution…

        1 Reply Last reply
        0
        • Muhammad IsrarM Muhammad Israr

          kisi k pas ha today is last date

          zareenZ Offline
          zareenZ Offline
          zareen
          Cyberian's Gold
          wrote on last edited by
          #4

          @Muhammad-Israr extended date hai abi?

          Discussion is right way to get Solution of the every assignment, Quiz and GDB.
          We are always here to discuss and Guideline, Please Don't visit Cyberian only for Solution.
          Cyberian Team always happy to facilitate to provide the idea solution. Please don't hesitate to contact us!
          %(red)[NOTE: Don't copy or replicating idea solutions.]
          Quiz Copy Solution
          Mid and Final Past Papers
          Live Chat

          Abbii HassanA Haroon SundhuH Waqas SoomroW 4 Replies Last reply
          0
          • zareenZ zareen

            @Muhammad-Israr extended date hai abi?

            Abbii HassanA Offline
            Abbii HassanA Offline
            Abbii Hassan
            wrote on last edited by
            #5

            @zareen apke pas solution hai ? Aj ladt date hai submit krwany ki

            1 Reply Last reply
            0
            • zareenZ zareen

              @Muhammad-Israr extended date hai abi?

              Haroon SundhuH Offline
              Haroon SundhuH Offline
              Haroon Sundhu
              wrote on last edited by
              #6

              @zareen Please find solution because today date is extended.

              1 Reply Last reply
              0
              • zareenZ zareen

                @Muhammad-Israr extended date hai abi?

                Waqas SoomroW Offline
                Waqas SoomroW Offline
                Waqas Soomro
                wrote on last edited by
                #7

                @zareen, Do you have Mgmt614 assignment solution? Please share today is extended last date

                1 Reply Last reply
                0
                • zareenZ zareen

                  @Muhammad-Israr extended date hai abi?

                  Waqas SoomroW Offline
                  Waqas SoomroW Offline
                  Waqas Soomro
                  wrote on last edited by
                  #8

                  @zareen, please solution share kr deyin last date h plz

                  1 Reply Last reply
                  0
                  • zaasmiZ Offline
                    zaasmiZ Offline
                    zaasmi
                    Cyberian's Gold
                    wrote on last edited by cyberian
                    #9

                    Solution not available?

                    Discussion is right way to get Solution of the every assignment, Quiz and GDB.
                    We are always here to discuss and Guideline, Please Don't visit Cyberian only for Solution.
                    Cyberian Team always happy to facilitate to provide the idea solution. Please don't hesitate to contact us!
                    [NOTE: Don't copy or replicating idea solutions.]
                    VU Handouts
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