OMGT2287 Supply Chain Modelling and Design - Paul Case Study - Business IT and Logistics Assessment Answer

Assessment Task:

OMGT2287 Supply Chain Modelling and Design Business IT and Logistics Assessment Answer

Learning Outcomes

• Analyse and apply the theories and practices of logistics systems in logistics management

• Develop supply chain and logistics systems to improve the management of logistics and supply chain management

• Use mathematical models to solve problems in logistics in the contemporary business environment.

After completion of this assessment you should be able to:

• Develop decision-making skills in shaping and accomplish the strategic and operational objectives of the organisation

• Explore, with an integrated view, the full impact of technology by effectively linking engineering, science, business and management disciplines

• Develop insights leading to more effective decision-making in the practice of integrating technology strategy with business strategy in a technology-based organisation.

Assessment Details

You are required to work on a given case study. Case details will be uploaded and made available on Friday Week 6 by the course coordinator. You must submit:

• A Word file to explain your mathematical models, to report your answers, and to write recommendations for decision-makers based on the solutions; and

• An Excel file to demonstrate how you use Solver to identify the solutions. You must ensure that the file is ina workable condition before submission. Each model must be implemented in a separate sheet in the same file.

Case 2

Company B is a retailer of i Mobile Phone in Australia that works 250 days in a year. The manager is determining a minimum-cost inventory plan for an upcoming phone to be launched in the market. She has collected the following information:

• Annual demand: 1,000 phones

• Phone cost: $919 each

• Phone RRP: $999 each

• Net weight: 174 g each

• Tare weight: 212 g each

• Annual inventory holding cost: 15%

• Cost per order to replenish inventory: $75

• Annual in-transit holding cost: 10%

• Freight rate: $7.50 per kg

• Time to process order for freight: 2 days

• Freight transit time: 5 days

Solve this problem using a non-linear programming (NLP) model to determine the followings:

a. Economic order quantity for the phone in units and in kg

b. The total cost for purchasing the phones

c. The total cost for ordering

d. The total cost for holding the inventory

e. The total cost for transportation

f. The total cost for holding the phones during transit

g. The total cost for this inventory plan

h. The number of orders

i. Ordering point

j. The profit from this inventory plan

Case 3

Paul is planning to buy a new car for his work as a trader. After narrowing his choices down to three models (X, Y, and Z) within his budget, he is having difficulty in deciding which one to purchase. He has compared each model against one another on the basis of four criteria: price, safety, economy, and comfort.

Use the analytic hierarchy process to compute the overall score for each car. What do the results suggest?

Case 4

Christina is interested in finding a luxury SUV car. Below is the summary of her criteria and the choices that she has selected as potential cars that she may purchase. Conduct TOPSIS in an Excel spreadsheet to determine the best car that she should purchase. What do the results suggest?

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