International Operations Management

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27 Νοε 2013 (πριν από 3 χρόνια και 11 μήνες)

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International Operations
Management

MGMT 6367

Review for Final Exam

Instructor: Yan Qin

Final Exam


In class, Dec 10


Only

Multiple
-
choice questions will be given on the exam.


There will be
25

multiple
-
choice questions
on the exam. Each
is worth 4 points.


No case
-
related
will be asked on the exam.


The final exam will be written primarily based on the
lecture slides.


Anything that is in the reading material but not covered in the
lecture slides will
NOT

be tested.


Any topic that is not mentioned in the Review slides will
NOT

be tested.

Study Guide for Final Exam


Recommended study materials:


Review slides


Lecture slides on Transportation Fundamentals,
Transportation Decisions, Distribution channel, Facility
Network, Global Product Launch, Risk
Mgt
, and
Information Systems.


Assignments 3 and 4


Sample exam questions


Reading materials if you need more details on concepts and
methods covered in the lecture slides.


What you should know


Week 9


Week
9 (Transportation Fundamentals)


What
are the 5 basic
transport
modes


What are the 4 characteristics of transportation options


Special services that may be offered by carriers


Calculation: You should know how to compute the savings in
transportation cost by using transit privileges. Please pay
attention to the transit privilege example given on the slides.


What you should know


Week 10


Week 10 (Transportation Decisions)


Key cost trade
-
off in selecting transport service


Realistic restrictions to be considered in vehicle routing and
scheduling


Continuous
-
review model Vs. Periodic
-
review model


Calculations: You should know how to


Calculate the optimal order quantity and optimal reorder point
under a continuous
-
review model.


Compute the total costs/profits under each available transport
mode when
patronage

exists;


Solve for the shortest path in a single
-
origin and single
-
destination network using
Dijkstra’s

algorithm.

What you should know


Week 11


Week 11 (Distribution Network)


What is a distribution channel


Benefits and costs of using a channel member


Characteristics of short and long distribution channels


Conventional systems Vs. Vertical Marketing System


Differences between a Conventional system and a VMS


Reasons for participating a Conventional system


What are Corporate, Contractual, and Administered VMSs


What you should know


Week 12


Week 12 (Facility Network Planning)


Definitions of Modularization, Postponement, and Economies of
Scale/Scope


What are the three options in the orientation of facility networks


Advantages and disadvantages of each option


Calculations:


You should know how to find the best location available using
the Factor Rating method;


You should know how to locate the Centroid using the
Centroid method.

What you should know


Week
13


Week
13 (Global Product Launch)


Activities in Product Management


Reasons for new product failures


5 Questions to answer in product launch


Major considerations in product launch



What you should know


Week 14


Week 14 (Risk Management)


Definition of nominal/real exchange rate


Currency depreciation/appreciation


Definitions of 3 types of exposure to exchange rate fluctuations


Descriptions of 3 types of foreign exchange markets


Forward contracts Vs. Futures contracts


Calculations: You should know how to


Convert direct quote of nominal exchange rate to indirect quote


Compute the percentage change in the nominal/real exchange
rate using inflation rates


Compute the US dollar equivalent of an amount dominated in
some foreign currency given the corresponding exchange rate;


Compute the forward/futures rate using the spot rate and the
estimated discount/premium.

What you should know


Week 15


Week 15 (Information Systems)


5 quality measures of Information


4 main groups of information systems used in Logistics and
SCM


What is
ERP


What is EDI and how EDI communication operates


RFID Vs. Bar Code



Good luck on the exam!


Just let me know if you have any questions about the
exam or the individual project.



Note that the individual project is due at 11:59 pm
Dec 12 CDT.