What’s on the exam? – Logistics

As you know the exam will be Friday December 15 in class, or Monday December 18 at 4pm in TEC146, whichever you choose. There will be a take home case given out Wednesday December 13 and brought to your exam. The take home case is to be worked alone; it is not a team exercise.

The exam will cover chapters 7,8,9,10, and the material we are covering now from chapters 11 and 13, plus the extra material I am giving you.

Chapter 7: functions of transport, who are the participants and what do they do, the modes of transport and how they compare along important logistics dimensions. types of carriers.

Chapter 8: Transportation operations– what are the cost drivers; know the special terms such as deadheading, etc. How are rates set? what is freight classification? How are standard rates figured? Be prepared to work an example using the classification, the rate base, and the tariff table. What types of activity pay ancillary rates? What is consolidation and what kinds should we be looking for? Can you do it in a given example situation? What are the required documents, and what is on them? How is freight paid for and audited?

Chapter 9: What are the benefits of warehousing? How can it add value? What is cross-docking? types of warehouses and their features. How can we select the site of a warehouse (location problem)– could be a computational problem.  What does a WMS do?

Chapter 10: What are the roles of packaging in the supply chain? Wht is unitization and how can we exploit it to optimize a supply chain’s performance? What are the four types of wrehouse systems, and how do they differ in technology. information requirement, and cost? What are the capabilities and the downsides?  Examples from materials provided on Web-ct.

Chapters 11 and 13: Operational integration.  Why (or how) does integration create value? What processes are good targets for integration?  What is an APS and why is it an important advancement? What are some of the goals and issues of pricing in the supply chain?  What are some possible objectives of logistical integration?

A lot of what we covered in chapter 13 was done early in the class.  We learned a few optimization techniques appropriate for network integration, including location analysis (the CG method), the Clarke-Wright vehicle routing technique, and some elements of waiting line modeling (to be presented this week), as well as  some investigation of simulation as a possible planning technique.

I will summarize  the class a bit by presenting a bit about chapter 16 (measuring operational performance) next Monday. It won’t be on the exam.

Exam Schedule – Macro

Here is what I would like to propose for the final exam.

The exam will be December 15 (Friday, the last class) in our regular class period.  It will be set for one period (50 min).  I may give out a take-home assignment, some extra part of the exam, on Wednesday December 13 which you would complete and bring to class at the final.

If this date poses an unusual hardship for you, you may opt to take the in-class portion of the exam on Monday December 18 from 4pm to 530pm in our classroom TEC 146.  I expect to be giving a final there anyway, and so you can come then.  This would be if you have so many exams on Friday that you want extra time to study.  I will ask in class how many would choose this option.  You are not stuck with your choice– you could always plan to take it on Monday the 18th.

I can tell you now that the last exam will cover only that material since the second midterm.  It will cover Chapters 8,9,10,11,12,13 (where we are now), 14, and 15 if we get to it.  We will reconfirm next week on the exact coverage.

I will put out a study guide next week for those chapters.  I am seriously considering using problems from (or very like) the homework assignments as the bulk of the final exam.  So I suggest you work homework problems as preparation.

If you have questions about this, bring it up in class tomorrow!

An excellent paper on GDP – Macro

Here’s an excellent paper on GDP, by Jenner Gwinup. Excellent analysis of error in GDP.

New Zealand