Page 315 - DMGT523_LOGISTICS_AND_SUPPLY_CHAIN_MANAGEMENT
P. 315

Logistics and Supply Chain Management




                    Notes          Situational Analysis: It is the collection of performance measures and characteristics that describe
                                   the current logistics environment.

                                   13.5 Review Questions

                                   1.  What is the basic objective in a logistics design and analysis study? Is it normally a one-
                                       time activity?
                                   2.  What is sensitivity analysis, and what is its role in systems design and analysis?
                                   3.  Why is it important to develop supporting logic to guide the logistical planning process?
                                   4.  Both internal and external review assessments must consider a number of measures. What
                                       are they and why are they important?
                                   5.  Why is a cost/benefit evaluation important to logistical systems design efforts?
                                   6.  What is the key objective in freight lane analysis?
                                   7.  In a general sense,  what are the essential  differences between analytic and simulation
                                       techniques?
                                   8.  What is  the main  advantage  of  the typical  optimization technique  in comparison  to
                                       simulation?
                                   9.  Compare and contrast strategic and tactical transportation decisions.
                                   10.  “Transportation analyses focus on routing and scheduling of transportation equipment to
                                       optimize vehicle and driver utilization while meeting customer service requirements.”
                                       Discuss.
                                   Answers: Self  Assessment


                                   1.  Phase I                           2.   Evaluation
                                   3.  Technology assessment             4.   Availability, quality, or  capability
                                   5.  Phase II                          6.   Analysis assumptions
                                   7.  Internal records                  8.   Phase III

                                   9.  True                              10.  True
                                   11.  True                             12.  False
                                   13.  True                             14.  True
                                   15.  True                             16.  False

                                   13.6 Further Readings




                                   Books       Agrawal DK, Textbook of Logistics and Supply Chain Management, MacMillan India
                                               Limited, 2003.
                                               Ailawadi C Sathish & Rakesh Singh,  Logistics Management, Prentice Hall India,
                                               2005.
                                               Ballou, Business Logistics/Supply Chain Management, Pearson Education.
                                               Bowersox D, Closs D, and Mixby Copper, M., Supply Chain Logistics Management,
                                               McGraw Hill, 2002.


          310                               LOVELY PROFESSIONAL UNIVERSITY
   310   311   312   313   314   315   316   317   318   319   320