Devry GSCM330 Full Course Latest 2019 MAY

GSCM330 Strategic Supply and Master Planning

Week 1 Discussion

MASTER PLANNING

What is master planning exactly? How does master planning affect the overall organization? Why is this a necessary part of the overall management process of an organization?

 

GSCM330 Strategic Supply and Master Planning

Week 2 Discussion

MEASURING FORECASTING ACCURACY

Select and discuss one of the following topics:

1. Describe the three popular measures of forecast accuracy. Which is the better one to use in your view and why?

2. Explain the role of regression models in forecasting. That is, how is trend projection able to forecast?

 

GSCM330 Strategic Supply and Master Planning

Week 3 Discussion

AGGREGATE PLANNING STRATEGY

Define aggregate planning. Why is it important?

 

GSCM330 Strategic Supply and Master Planning

Week 4 Discussion

INVENTORY MANAGEMENT

Three important categories of inventory are raw materials, work-in-process (WIP), and finished goods. Select an operation of interest to you and explain how these categories of inventory apply to it. What are some key considerations in the effective management of these categories of inventory?

 

GSCM330 Strategic Supply and Master Planning

Week 5 Discussion

TEAM 1 DEVRY TECH TEAM ASSIGNMENT COLLABORATION AREA - DEVRY TECH TEAM 1

Students assigned to Team 1 should use this discussion board to collaboratively complete the Week 5 DeVry Tech Team Assignment, which is a PowerPoint presentation containing an audio narration of the slides.

All students must post to the discussion board as a part of the collaborative process in accordance with the rubric below. Points are not earned for any collaborative efforts that take place via e-mail.

The PowerPoint presentation submitted by the team must describe MPS, MRP, Time Fences, and ERP, as well as explain how these concepts relate to one another. The PowerPoint file must include audio narration and speaker notes of at least 150 words in length entered to the speaker notes section of each content slide (all slides other than the cover slide, agenda slide, and references slide). Only one PowerPoint file should be submitted for grading. The cover slide of this PowerPoint file must list the first and last name of each student who was able to participate in and contribute to the development of the PowerPoint file in a timely manner. The team may designate a single student to complete the audio narration or the team may decide to have different students narrate different slides.

To be eligible for grading, the final PowerPoint presentation must be submitted to the designated assignment submissions area. Final PowerPoint presentations submitted instead to the team discussion board are not eligible to be graded.

Here is the rubric for this assignment:

Individual Student Posts:

As an individual student, you posted at least one post by Wednesday that substantively and helpfully furthers the team's objective of completing and submitting the required PowerPoint presentation: 15 points;

As an individual student, you posted two additional posts that substantively and helpfully further the team's objective of completing and submitting the required PowerPoint presentation: 15 points;

As an individual student, you posted on at least three different days of the week: 15 points;

As an individual student, at least one of your posts contains a PowerPoint attachment containing (1) at least two original content slide developed by you that could realistically be used in the development of the team's final PowerPoint presentation, (2) 150 words of speaker notes in the speaker notes area associated with at least two slides, and (3) at least one reference and associated in-text citation: 45 points;

Team PowerPoint:

The final team PowerPoint presentation submitted for grading contains a cover slide, an agenda slide, at least two slides for each topic (MPS, MRP, Time Fences, ERP), at least two slides describing how the four concepts relate to one another, a summary slide, and a references slide: 35 points;

Each of the content topics is addressed accurately and substantively. Each content slide contains at least 150 words of pertinent and applicable speaker notes. Some graphics are used in the presentation: 55 points;

At least three references are used in the presentation and at least one in-text citation appears in the body of the presentation (in slide content or speaker notes) for each reference listed on the references slide: 25 points;

The presentation includes an audio track as a part of the PowerPoint file (not submitted as a separate audio file) that is clear and articulate and provides a narration of each slide: 25 points;

 

GSCM330 Strategic Supply and Master Planning

Week 6 Discussion

MATERIAL REQUIREMENTS PLANNING (MRP)

What is MRP? Identify four benefits from its use. How to MRP and ERP relate to one another?

 

GSCM330 Strategic Supply and Master Planning

Week 7 Discussion

WHY LEAN?

Identify and discuss some lean principles. How are the Toyota Production System and lean manufacturing related? What is Lean Six Sigma?

 

GSCM330 Strategic Supply and Master Planning

Week 8 Discussion

SHORT-TERM SCHEDULING

Compare and contrast finite and infinite loading as they pertain to Short-Term Scheduling. Use examples.

 

 

 

GSCM330 Strategic Supply and Master Planning

Week 1 Quiz

Question 1 Which of the following statements is not true about forecasts?

Become more accurate with shorter time horizons

Can be 100% perfect

Are more accurate for groups of items than for individual items

None of the above

Question 2 A characteristic of time series data that it is not possible to forecast is which of the following?

Trends

Seasonality

Random variation

Cycles

Regression

Question 3 What is the approximate forecast for July using a 4-month moving average if the historical demand is as follows: January is 39, February is 36, March is 40, April is 42, May is 48, and June is 46?

38

44

42

43

39

Question 4 Monthly sales of sandwiches at the neighborhood bar and grill are in the table below. Based on this data, forecast month nine using a 4-week moving average.

 

Month	Sales
1	415
2	389
3	420
4	382
5	410
6	432
7	405
8	421

 

415

420

425

430

417

Question 5 Forecasts used for planning purchasing, job scheduling, workforce levels, job assignments, and production levels typically utilize a

long-range forecast.

medium-range forecast.

naïve method.

short-range forecast.

None of the above

Question 6 Which of the following should be considered as very important when developing sales forecasts?

Product life cycles

Medium-range forecasts

The Delphi technique

Political stability

None of the above

 

GSCM330 Strategic Supply and Master Planning

Week 2 Homework

There are three lab problems this week. Be sure to show all of your calculations in your submission.

Chapter 4 (pp. 149–150): Problems 4.23, 4.27, and 4.33

Submit your assignment in the form of a MS Word file or a MS Excel file.

 

GSCM330 Strategic Supply and Master Planning

Week 3 Quiz

Question 1 (TCO 4) Disaggregation of the aggregate plan results in which of the following?

Short-term plans

Capacity plans

Strategic plans

Detailed schedule

Master production schedule

Question 2 (TCO 4) Aggregate planning is a term that can be defined as

plans that may extend up to a year but are usually less than 3 months.

planning of policy related issues such as research funding and investment.

medium-range capacity planning with a time horizon of 3 to 18 months.

planning that may extend up to a year but is usually less than 3 months.

None of the above

Question 3 (TCO 4) Which of the following is a disadvantage of the aggregate planning option of subcontracting?

May require skills and equipment outside the firm’s expertise

Hard to match demand to supply exactly

High turnover and training costs

Lost customer goodwill

None of the above

Question 4 (TCO 6) Which of the following is not a benefit of level scheduling?

Better quality

Less turn over and absenteeism

Easier scheduling

Lower inventory levels

None of the above

Question 5 (TCO 6) Inputs to the aggregate plan include

demand forecasts.

customer orders.

inventory on hand.

capacity plan.

All of the above

None of the above

Question 6 (TCO 6) In services, capacity management has a greater emphasis on

labor.

inventory.

demand.

level strategy.

mixed strategy.

 

GSCM330 Strategic Supply and Master Planning

Week 4 Homework

There are three lab problems this week. Please be sure to show all of your calculations in your submission.

Chapter 12 (pp. 520–521): Problems 12.1, 12.9, and 12.15

Submit your solutions and calculations in the form of a MS Word or MS Excel file.

 

GSCM330 Strategic Supply and Master Planning

Week 5 Quiz

Question 1.(TCOs 9, 10, and 12) A key output of the MPS is

material requirements plan.

labor loading.

capacity requirements plan.

purchasing plan.

final assembly plan.

Question 2.(TCOs 9, 10, and 12) _____ is a timetable of what is to be made and when.

The production plan

The material requirements plan

Capacity requirements plan

The aggregate plan

The master production schedule

 

Question 3. (TCOs 9, 10, and 12) The tool that is used to ensure the MPS can be accomplished from a capacity standpoint is

rough cut capacity planning (RCCP).

detailed capacity planning (DCP).

aggregate capacity planning (ACP).

utilization expectation.

None of the above

Question 4. TCOs 9, 11, and 12) The near-term portion of the master production schedule is known as

fixed.

firm.

frozen.

All of the above

Question 5(TCOs 9, 11, and 12) An output of material requirements planning is

inventory data.

lead times.

MPS.

exception reports.

purchasing data.

Question 6. (TCOs 9, 11, and 12) The planning time fence states that

no new customer order may be booked inside this time fence unless there is sufficient available to promise (ATP) in that period,

does not allow any additional firm planned orders to be released.

any changes to forecast, booked orders, or planned order releases can be made outside of this time fence as long as it does not exceed capacity limitations.

None of the above

 

GSCM330 Strategic Supply and Master Planning

WEEK 6 HOMEWORK

There are four lab questions this week. Your work should adhere to the APA guidelines, where applicable. Please see the Files section of the Course Menu for the grading rubric.

Chapter 14 (pp. 580-581): Problems 14.2, 14.3B, 14.9, and 14.13C

Submit your assignment for grading.

 

GSCM330 Strategic Supply and Master Planning

Week 7 Quiz

Question 1 (TCOs 5 and 12) The feature that distinguishes JIT from lean and TPS is

a greater emphasis on forced problem solving.

a greater emphasis on respect for people.

a greater emphasis on getting to know the customer.

All of the above

None of the above

Question 2 (TCOs 5 and 12) A signal that is often used in pull systems to signal the production of small batches of components is

jidoka.

heijunka.

poka-yoke.

kaizen.

kanban.

Question 3 (TCOs 5 and 12) Leading organizations select approaches associated with JIT, TPS, and lean on the basis of

the latest practices in their industry.

the culture of their workforce.

that which has been adopted by the organizations thought leaders.

their customer base.

what makes sense for them.

Question 4 (TCOs 5 and 12) Having few vendors is a strategy that is associated with which of the following?

Batch processing

ERP systems

Finite capacity systems

JIT

None of the above

Question 5 (TCOs 5 and 12) Work cells are typically shaped in the form of

a U.

an X.

an O.

a C.

None of the above

Question 6 (TCOs 5 and 12) Which model can be modified to determine the desired setup time?

EOQ production order quantity model

Productivity measurement model

Level loading model

Kanban calculation model

None of the above

.

GSCM330 Strategic Supply and Master Planning

 

Course Project

You will be divided into teams for this course project. Your team must describe MPS, MRP, Time Fences, and ERP, as well as explain how these concepts relate to one another. Your research will be prepared and presented in a PowerPoint file.

The team PowerPoint must include the following:

Audio narration

Speaker notes of at least 150 words in length entered to the speaker notes section of each content slide (all slides except the cover slide, agenda slide, and references slide).

The cover slide should include the first and last name of each student who was able to participate in and contribute to the development of the PowerPoint.

The team may designate a single student to complete the audio narration or the team may decide to have different students narrate different slides.

Additionally, as this is a team course project, you will be graded on individual contributions as well. Below is the rubric for team and individual grading.