BSOP 434 Week 1 Homework AssignmentChapter 1Question 2: Distinguish between possession, form, time, and place utility.Chapter 2Question 4: Why do contemporary supply chains need to be fast and agile?Question 8: Discuss some of the ways that inventory can be reduced in the supply chain.Chapter 9Question 5: Distinguish between a fixed order quantity and fixed order interval system. Which one generally requires more safety stock? Why?Question 9: What are implications of the JIT approach for supply chain management?BSOP 434 Week 2 Homework AssignmentChapter 6Question 1 (p. 153): Why is transportation important to a firm’s supply chain operations?Question 2 (p. 153): Why is it important to know about the characteristics of a country’s transportation infrastructure?Chapter 8Question 2 (p. 208): Discuss the factors that influence the number of facilities that a firm chooses to operate.Question 8 (p. 208): Discuss the advantages and disadvantages to locating manufacturing, assembly, or distribution facilities in countries with relatively low wages.Question 16 (p. 208): What quality-of-life considerations do you think are the most important for locational decisions? Why?BSOP 434 Week 3 Homework AssignmentChapter 4Question 2: Discuss the three basic demand forecasting models.Question 3: List and discuss several demand forecasting issues.Chapter 5Question 1: How do product characteristics influence packaging and materials handling considerations?Question 2: Discuss some of the packaging requirements associated with hazardous cargo.Question 10: What environmentally friendly packaging strategies might a firm adopt?BSOP 434 Week 4 Homework AssignmentChapter 11Question 1: What is procurement? What is its relevance to logistics?Question 3: Discuss three potential procurement objectives.Question 10: Discuss the Malcolm Baldrige National Quality Award.Chapter 12Question 2: Discuss some of the challenges associated with international logistics.Question 12: What are the two primary purposes of export packing?BSOP 434 Week 5 Homework AssignmentChapter 3Question 3: Name the six general types of information management systems, and give one logistics application for each one that you’ve named.Chapter 13Question 2: What is activity-based costing (ABC)? What are the five steps of the ABC process?Question 17: Describe the two issues that managers face with respect to computer and data security.Chapter 14Question 3: What are the differences between a centralized and a decentralized logistics department?Question 20: Name the seven types of comprehensive logistics systems audits that should be performed. Which do you view as the most important? The least important? Why?BSOP 434 Week 6 Homework AssignmentChapter 4Questions 5: Define and describe the order cycle. Why is it considered an important aspect of customer service?Questions 8: List the various methods of order transmittal and discuss relevant characteristics of each.Chapter 7Questions 2: Discuss how transportation managers could be involved with other operations of the firm.Questions 5: Explain the weight break concept.Questions 17: Explain how a routing guide might be used by a transportation manager.BSOP 434 Week 7 Homework AssignmentChapter 10Question 1: Distinguish between warehouses and distribution centers.Question 4: What is cross-docking? How might it affect warehousing design?Question 6: What are the advantages and disadvantages of private warehousing?Question 11: Discuss the trade-offs associated with order-picking versus stock-replenishing functions.Question 18: How might the storage of hazardous materials affect the design of a warehousing facility?