International Operations Management

inspectorwormsElectronics - Devices

Nov 27, 2013 (3 years and 11 months ago)


International Operations

MGMT 6367

Review for Final Exam

Instructor: Yan Qin

Final Exam

In class, Dec 10


choice questions will be given on the exam.

There will be

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

No case
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

be tested.

Any topic that is not mentioned in the Review slides will

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
, 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

9 (Transportation Fundamentals)

are the 5 basic

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

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


Solve for the shortest path in a single
origin and single
destination network using


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

What are the three options in the orientation of facility networks

Advantages and disadvantages of each option


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


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

What is

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.