{"id":5434,"date":"2023-02-26T17:06:12","date_gmt":"2023-02-26T17:06:12","guid":{"rendered":"https:\/\/www.goodacademic.com\/blog\/questions\/week-4-interactive-activity\/"},"modified":"2023-02-26T17:06:12","modified_gmt":"2023-02-26T17:06:12","slug":"week-4-interactive-activity","status":"publish","type":"questions","link":"https:\/\/www.goodacademic.com\/blog\/questions\/week-4-interactive-activity\/","title":{"rendered":"Week 4: Interactive activity"},"content":{"rendered":"<div class=\"col-sm-12 messageContent\">\n <b>Learning Goal: <\/b>I&#8217;m working on a management discussion question and need the explanation and answer to help me learn.<\/p>\n<h2><strong>4.1 Learning Outcomes:<\/strong><\/h2>\n<ul>\n<li>Explain the concept of value and its implications for managing the supply chain.<\/li>\n<li>Explain how logistic costs can be managed for better value creation.<\/li>\n<\/ul>\n<h2><strong>4.2 Action Required:<\/strong><\/h2>\n<ul>\n<li>The following table shows various costs incurred by a manufacturing company:<\/li>\n<\/ul>\n<table>\n<tbody>\n<tr>\n<td>\n<p><strong>Cost<\/strong><\/p>\n<\/td>\n<td>\n<p><strong>Variable cost<\/strong><\/p>\n<\/td>\n<td>\n<p><strong>Fixed cost<\/strong><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>Depreciation<\/p>\n<\/td>\n<td>\n<p><strong> <\/strong><\/p>\n<\/td>\n<td>\n<p><strong> <\/strong><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>Cost of shipping finished goods to customers<\/p>\n<\/td>\n<td>\n<p><strong> <\/strong><\/p>\n<\/td>\n<td>\n<p><strong> <\/strong><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>Wood used in manufacturing furniture<\/p>\n<\/td>\n<td>\n<p><strong> <\/strong><\/p>\n<\/td>\n<td>\n<p><strong> <\/strong><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>Manager\u00e2\u20ac\u2122s salary<\/p>\n<\/td>\n<td>\n<p><strong> <\/strong><\/p>\n<\/td>\n<td>\n<p><strong> <\/strong><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>Electricity used in manufacturing furniture<\/p>\n<\/td>\n<td>\n<p><strong> <\/strong><\/p>\n<\/td>\n<td>\n<p><strong> <\/strong><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>Packing supplies for shipping products<\/p>\n<\/td>\n<td>\n<p><strong> <\/strong><\/p>\n<\/td>\n<td>\n<p><strong> <\/strong><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>Sand used in manufacturing concrete<\/p>\n<\/td>\n<td>\n<p><strong> <\/strong><\/p>\n<\/td>\n<td>\n<p><strong> <\/strong><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>Supervisor\u00e2\u20ac\u2122s salary<\/p>\n<\/td>\n<td>\n<p><strong> <\/strong><\/p>\n<\/td>\n<td>\n<p><strong> <\/strong><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>Advertising costs<\/p>\n<\/td>\n<td>\n<p><strong> <\/strong><\/p>\n<\/td>\n<td>\n<p><strong> <\/strong><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>Executive\u00e2\u20ac\u2122s life insurance<\/p>\n<\/td>\n<td>\n<p><strong> <\/strong><\/p>\n<\/td>\n<td>\n<p><strong> <\/strong><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong> <\/strong><\/p>\n<p><strong> <\/strong><\/p>\n<h2><strong>4.3 Test your Knowledge (Question):<\/strong><\/h2>\n<p><strong> <\/strong><\/p>\n<ul>\n<li>Answer with a tick mark or write in words which is a fixed cost, and which one is a variable cost.<\/li>\n<\/ul>\n<p><strong> <\/strong><\/p>\n<p><strong> <\/strong><\/p>\n<h2><strong>4.4 Instructions <\/strong><\/h2>\n<ul>\n<li>Answer the question in the test your knowledge section.<\/li>\n<li>Post your answer on the discussion board using the discussion link below<\/li>\n<li><\/li>\n<li>\n<h2><strong>5.1 Learning Outcomes:<\/strong><\/h2>\n<ul>\n<li>Identify challenges that internationalization presents to logistics management.<\/li>\n<li>Discuss the drivers and logistics implications of internationalization<\/li>\n<li>Determine the forces shaping international logistics<\/li>\n<li>Analyze the structure and management of a global logistic network<\/li>\n<\/ul>\n<p><strong> <\/strong><\/p>\n<h2><strong>5.2 Action Required:<\/strong><\/h2>\n<p><strong> <\/strong><\/p>\n<ul>\n<li><strong>Watch the short video at the following link<\/strong><\/li>\n<\/ul>\n<h2><a href=\"https:\/\/www.youtube.com\/watch?v=qQhb-n6uKUo\">https:\/\/www.youtube.com\/watch?v=qQhb-n6uKUo<\/a><\/h2>\n<h2><strong>5.3 Test your Knowledge (Question):<\/strong><\/h2>\n<ul>\n<li>Differentiate between outsourcing differ from offshoring?<\/li>\n<\/ul>\n<p><strong> <\/strong><\/p>\n<h2><strong>5.4 Instructions <\/strong><\/h2>\n<ul>\n<li>Answer the question in the test your knowledge section.<\/li>\n<li>Post your answer on the discussion board using the discussion link below<\/li>\n<li>\n<h2><strong>7.1 <\/strong><strong>Learning Outcomes:<\/strong><\/h2>\n<ul>\n<li>Explain time-based competition.<\/li>\n<li>Differentiate P:D ratios and differences.<\/li>\n<li>Analyze how organizations compete through managing lead time.<\/li>\n<\/ul>\n<p><strong> <\/strong><strong> <\/strong><\/p>\n<h2><strong>7.2 Action Required:<\/strong><\/h2>\n<p><strong> <\/strong><\/p>\n<ul>\n<li><strong>Watch the short video at the following link<\/strong><\/li>\n<\/ul>\n<p><strong><iframe loading=\"lazy\" width=\"500\" height=\"281\" src=\"\/\/www.youtube.com\/embed\/iALiS4FBB6E\" frameborder=\"0\" allowfullscreen><\/iframe><\/strong><strong> <\/strong><\/p>\n<h2><strong>7.3 Test your Knowledge (Question):<\/strong><\/h2>\n<p><strong> <\/strong><\/p>\n<ul>\n<li>What do you understand by bullwhip effect?<\/li>\n<\/ul>\n<p><strong> <\/strong><\/p>\n<h2><strong>7.4 Instructions <\/strong><\/h2>\n<ul>\n<li>Answer the question in the test your knowledge section.<\/li>\n<li>Post your answer on the discussion board using the discussion link below<\/li>\n<li>\n<h2><strong>8.1 Learning Outcomes:<\/strong><\/h2>\n<ul>\n<li>Explain the supply chain planning and control process.<\/li>\n<li>Analyze initiatives to overcome poor coordination in retail supply chains.<\/li>\n<li>Evaluate the material flow model in a supply chain.<\/li>\n<\/ul>\n<p><strong> <\/strong><\/p>\n<h2><strong>8.2 Action Required:<\/strong><\/h2>\n<ul>\n<li><strong>Read the research paper through the following link<\/strong><\/li>\n<\/ul>\n<p><strong><a href=\"https:\/\/www.researchgate.net\/publication\/228438411_Retail_supply_chain_management_Key_priorities_and_practices\">https:\/\/www.researchgate.net\/publication\/228438411&#8230;<\/a><\/strong><\/p>\n<h2><strong>8.3 Test your Knowledge (Question):<\/strong><\/h2>\n<p>What is supply chain planning controls?<\/p>\n<h2><strong>8.4 Instructions<\/strong><\/h2>\n<ul>\n<li>Answer the question in the test your knowledge section.<\/li>\n<li>Post your answer on the discussion board using the discussion link below<\/li>\n<\/ul>\n<\/li>\n<li><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Learning Goal: I&#8217;m working on a management discussion question and need the explanation and answer to help me learn. 4.1 Learning Outcomes: Explain the concept of value and its implications for managing the supply chain. Explain how logistic costs can be managed for better value creation. 4.2 Action Required: The following table shows various costs [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","meta":[],"disciplines":[647],"paper_types":[],"tagged":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/questions\/5434"}],"collection":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/questions"}],"about":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/types\/questions"}],"author":[{"embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/comments?post=5434"}],"version-history":[{"count":0,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/questions\/5434\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/media?parent=5434"}],"wp:term":[{"taxonomy":"disciplines","embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/disciplines?post=5434"},{"taxonomy":"paper_types","embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/paper_types?post=5434"},{"taxonomy":"tagged","embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/tagged?post=5434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}