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Assignment Applicable for December 2017 Examination
Logistics
Management
Q.1. Green manufacturing is a term that
was coined to reflect novel manufacturing concepts that utilize various green
strategies based on objectives and principles. What are the steps you would
incorporate in logistic planning to initiate green manufacturing in your
organization? (10 Marks)
Q.2. Briefly discuss the global issues
associated with physical distribution and transportation logistics. Cite some
examples of best practices in today’s industry that is making efficiency
improvements in its physical distribution. (10 Marks)
Q.3 An automobile manufacturer uses
10,000 headlight assemblies a month in the production of SUVs. Daily production
of the vehicle is reasonably stable throughout the year. The cost of each
headlight assembly is Rs150.00. The company's incremental order (acquisition)
cost is Rs40.00 per order. Its incremental inventory carrying cost is 33% of
the average inventory value per year.
a. What should be the ordering lot size
to keep the total inventory cost minimum? (5 Marks) b. What will be the total
inventory cost if the manufacturer uses economical ordering quantity to order
each time? (5 Marks)
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