See attached
HOMEWORK 1: 5 pages with 2 references
Instructions:
This homework assignment is meant to ensure understanding of the material contained within the module and reading assignments. Utilizing information contained within the module, text, and additional research, answer the following questions.
1. Why is supply chain mapping an important risk management tool?
2. How could companies reduce risk by becoming a preferred provider?
3. Would having a centralized risk war room be either feasible or beneficial for organizations?
4. How do you separate between LSS Critical to Quality (CTQ) and Critical to Customer (CTC) factors?
5. How do you determine Cost of Quality (CoQ) and Cost of Poor Quality (CoPQ)?
6. If Cost of Poor Quality (CoPQ) decreases, why does Cost of Quality (CoQ) also decrease? Is this a good thing?
7. When including raw material providers in your network design model, why is it important to include certain aspects of the Bill of Materials (BOM)?
HOMEWORK 2: 3 pages with 2 references
Instructions:
This homework assignment is meant to ensure understanding of the material contained within the module and reading assignments. Utilizing information contained within the module, text, and additional research, answer the following questions.
1. Describe ways to prioritize Lean Six Sigma projects.
2. What makes analyzing multiple objectives in transportation network design so difficult?
3. What are some key performance indicators (KPI) that can help indicate possible risk?
4. Differentiate between validity and reliability and tell why they are important when collecting data.
5. What are some cost measures that can help identify possible risk events?
HOMEWORK 3: 5 pages with 2 references
Instructions:
This homework assignment is meant to ensure understanding of the material contained within the module and reading assignments. Utilizing information contained within the module, text, and additional research, answer the following questions.
1. What personnel generally make up a LSS project team?
2. Why is it important to have a specific definition of success on a LSS project?
3. How is transportation network design like any other project?
4. Summarize key lessons for creating a group and running a transportation network project.
5. Why is it important to map down to the lowest level of suppliers when considering risk?
6. As companies continue with global strategies based on sourcing in emerging markets, what risk issues arise?
7. What steps can an organization take to begin and develop their risk management capabilities?
USE REFERENCE: Watson, M.; Lewis, S.; Cacioppi, P.; & Jayaraman, J. Supply Chain Network Design: Applying Optimization and Analytics to the Global Supply Chain (2013) 1st edition. Pearson FT Press ISBN 978-0133017373
