BUS 230 Week 5 Discussion 1,2 and Quiz

BUS 230 Week 5 Discussion 1,2 and Quiz

Course outcome in focus:

·         Discuss the roles of quality, quantity, inventory, and delivery in purchasing and supply management.

·         Recognize the alignment of purchasing and supply management with an organization’s goals and strategies.

 

Activities:

Readings:

·         Read Chapter 7: Quality

·         Read Chapter 8: Quantity and Inventory

·         Case Study: The Power Line Poles (7-1)

 

Supporting Topics:

Lecture 1 Topics:

·        The role of quality in supply management

·        Define quality

·        The cost of quality

·        Quality management tools and techniques

·        Quality standards and awards program
Lecture 2 Topics:

·         Quantity and timing issues

·         Forecasting

·         Determining order quantities and inventory levels

·         Planning requirements and resources.
 

Lectures/Discussions:

·         Lecture on the role of quality in supply management, define quality, the cost of quality, quality management tools and techniques, quality standards and awards program.

 

·         Discussion 1:Case 7-1 The Power Line Poles. Students will respond to the following:

 

o   Discuss the bidding procedure.

o   Discuss and explain whether you agree or disagree with the final decision in this case.

o   Determine to what degree you would insist on the utmost high quality, knowing that this pursuit impacts costs significantly. State your rationale..

 

·         Lecture on quantity and timing issues, forecasting, determining order quantities and inventory levels, and planning requirements and resources.

 

·         Discussion 2:  Quantity. Students will respond to the following:

 

o   Being a small-business owner such as a custom framing store, a restaurant, a garage, or a specific small local business of your choice, apply the basic supply management principles to the acquisition of services.

o   Discuss the trade-offs of quantity, quality, and cost in a small business such as a custom framing store, a restaurant, a garage, or a specific small local business of your pick.

o   Planning systems such as MRP and CRP might be overkills for a small-business owner. Devise a simplified version of an MRP and/or CRP such as a supply planning chart or a supply planning template for a small local business. A local small business could be a custom framing store, a restaurant, a garage, or a specific small local business of your pick.



·         Week 5 Quiz

Students are to take the Week 5 quiz that covers the materials in Chapters 5 and 6.  The quiz is located in the course shell under the Week 5tab. This is an open book, timed quiz that can only be taken once with a time limit of two hours.  The quiz consists of twenty multiple-choice questions with each question worth 6 points of a total of 120 points for this quiz.

Online students are to complete the quiz by Monday 9:00 a.m.  On-ground students are to complete this quiz before the Week 5 class meeting.
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