Supply Flexibility and Risk Preferences Experiment for a Microchip Company

Supply Flexibility and Risk Preferences Experiment for a Microchip Company PDF Author: Diana Maria Zahera García
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
In this thesis we will focus our analysis in the inventory decisions with one specific kind of sourcing contract. More concretely, we will study and analyze the order quantities under a supply flexible contract conditions. The quantity flexibility contract in supply chain management is committed to reduce the risk of both retailers and suppliers, and optimize the profit of the whole supply chain at the same time. Under this contract, retailers are allowed to correct the base order quantity with an extra quantity order. This fact will benefit the retailer to suit the demand uncertainty. By experimental research, the thesis focuses on the limited-rational decision making of the human behavior in the operations management. The experiment is designed from the perspective of the retailer. Retailers make corresponding security quantity order decisions according to variable demand environment information. The thesis has established a mathematical model, which can derive the theoretical optimal values for the amount of extra quantity order. According to the statistical analysis of the actual quantity order, the study focuses on the differences between the actual decision and the theoretical optimum, and explains the reasons for deviation. The experiment set up four control groups to study the factors' influence on retailers' actual security quantity decisions by changing the reservation deposit and the product's high or low profit margin level. The results show that the retailers are rational limited in the decision making. Their decisions are influenced by many factors, causing the ordering deviation. Through the comparison and analysis, the thesis attempts to provide a reference for retailers' actual ordering decision, and lead to optimal largest possibly and ultimately achieve the best practices in order to try to resemble their real results with the theoretical optimum. At the same time, it's necessary to reflect the deficiency of the research which can provide a new direction for the further theoretical research.

Supply Flexibility and Risk Preferences Experiment for a Microchip Company

Supply Flexibility and Risk Preferences Experiment for a Microchip Company PDF Author: Diana Maria Zahera García
Publisher:
ISBN:
Category :
Languages : en
Pages :

Get Book Here

Book Description
In this thesis we will focus our analysis in the inventory decisions with one specific kind of sourcing contract. More concretely, we will study and analyze the order quantities under a supply flexible contract conditions. The quantity flexibility contract in supply chain management is committed to reduce the risk of both retailers and suppliers, and optimize the profit of the whole supply chain at the same time. Under this contract, retailers are allowed to correct the base order quantity with an extra quantity order. This fact will benefit the retailer to suit the demand uncertainty. By experimental research, the thesis focuses on the limited-rational decision making of the human behavior in the operations management. The experiment is designed from the perspective of the retailer. Retailers make corresponding security quantity order decisions according to variable demand environment information. The thesis has established a mathematical model, which can derive the theoretical optimal values for the amount of extra quantity order. According to the statistical analysis of the actual quantity order, the study focuses on the differences between the actual decision and the theoretical optimum, and explains the reasons for deviation. The experiment set up four control groups to study the factors' influence on retailers' actual security quantity decisions by changing the reservation deposit and the product's high or low profit margin level. The results show that the retailers are rational limited in the decision making. Their decisions are influenced by many factors, causing the ordering deviation. Through the comparison and analysis, the thesis attempts to provide a reference for retailers' actual ordering decision, and lead to optimal largest possibly and ultimately achieve the best practices in order to try to resemble their real results with the theoretical optimum. At the same time, it's necessary to reflect the deficiency of the research which can provide a new direction for the further theoretical research.

Global Logistics

Global Logistics PDF Author: Donald Waters
Publisher: Kogan Page Publishers
ISBN: 0749471344
Category : Business & Economics
Languages : en
Pages : 512

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Book Description
The field of logistics continues to develop at a remarkable pace. Until recently, logistics was barely considered in long-term plans, but its strategic role is now recognised and lies at the heart of long-term plans in almost every business. Reasons for this change include: communications and information technology offer new opportunities; world trade grows; competition forces operations to adopt new practices and become evermore efficient; and the concern for the environment increases. Add to this the increased emphasis on consumer satisfaction, flexible operations and time compression, and it's clear that getting logistics right is important. This 7th edition of Global Logistics, edited by Stephen Rinsler and Donald Waters, has been thoroughly revised and updated to reflect the latest trends, best practices, and cutting-edge thinking on global logistics. It provides guidance on important topics, including agile supply chains, IT, sustainability and performance management, collaboration, outsourcing and humanitarian logistics. This edition of Global Logistics provides new chapters on supply chain trends and strategies, fulfilling customer needs, and supply chain vulnerability. There are also dedicated new chapters on China and Central and Eastern Europe to assess developments across the globe. This edition serves as a forum for acknowledged sector specialists to discuss key logistics issues and share their authoritative views. The new edition introduces new contributors, including leading thinkers from international universities and businesses. Global Logistics is an invaluable source of guidance and practical advice for students, managers and practitioners, who will find it an essential text that also includes online resources. Online resources available include a student manual with key learning outcomes for each chapter.

A Century of Innovation

A Century of Innovation PDF Author: 3M Company
Publisher: 3m Company
ISBN:
Category : 3M Company
Languages : en
Pages : 246

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Book Description
A compilation of 3M voices, memories, facts and experiences from the company's first 100 years.

Capital as Power

Capital as Power PDF Author: Jonathan Nitzan
Publisher: Routledge
ISBN: 1134022298
Category : Political Science
Languages : en
Pages : 853

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Book Description
Conventional theories of capitalism are mired in a deep crisis: after centuries of debate, they are still unable to tell us what capital is. Liberals and Marxists both think of capital as an ‘economic’ entity that they count in universal units of ‘utils’ or ‘abstract labour’, respectively. But these units are totally fictitious. Nobody has ever been able to observe or measure them, and for a good reason: they don’t exist. Since liberalism and Marxism depend on these non-existing units, their theories hang in suspension. They cannot explain the process that matters most – the accumulation of capital. This book offers a radical alternative. According to the authors, capital is not a narrow economic entity, but a symbolic quantification of power. It has little to do with utility or abstract labour, and it extends far beyond machines and production lines. Capital, the authors claim, represents the organized power of dominant capital groups to reshape – or creorder – their society. Written in simple language, accessible to lay readers and experts alike, the book develops a novel political economy. It takes the reader through the history, assumptions and limitations of mainstream economics and its associated theories of politics. It examines the evolution of Marxist thinking on accumulation and the state. And it articulates an innovative theory of ‘capital as power’ and a new history of the ‘capitalist mode of power’.

Simulation for Industry 4.0

Simulation for Industry 4.0 PDF Author: Murat M. Gunal
Publisher: Springer
ISBN: 3030041379
Category : Technology & Engineering
Languages : en
Pages : 288

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Book Description
The book shows how simulation’s long history and close ties to industry since the third industrial revolution have led to its growing importance in Industry 4.0. The book emphasises the role of simulation in the new industrial revolution, and its application as a key aspect of making Industry 4.0 a reality – and thus achieving the complete digitisation of manufacturing and business. It presents various perspectives on simulation and demonstrates its applications, from augmented or virtual reality to process engineering, and from quantum computing to intelligent management. Simulation for Industry 4.0 is a guide and milestone for the simulation community, as well as those readers working to achieve the goals of Industry 4.0. The connections between simulation and Industry 4.0 drawn here will be of interest not only to beginners, but also to practitioners and researchers as a point of departure in the subject, and as a guide for new lines of study.

The Hardware Hacking Handbook

The Hardware Hacking Handbook PDF Author: Jasper van Woudenberg
Publisher: No Starch Press
ISBN: 1593278748
Category : Computers
Languages : en
Pages : 514

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Book Description
The Hardware Hacking Handbook takes you deep inside embedded devices to show how different kinds of attacks work, then guides you through each hack on real hardware. Embedded devices are chip-size microcomputers small enough to be included in the structure of the object they control, and they’re everywhere—in phones, cars, credit cards, laptops, medical equipment, even critical infrastructure. This means understanding their security is critical. The Hardware Hacking Handbook takes you deep inside different types of embedded systems, revealing the designs, components, security limits, and reverse-engineering challenges you need to know for executing effective hardware attacks. Written with wit and infused with hands-on lab experiments, this handbook puts you in the role of an attacker interested in breaking security to do good. Starting with a crash course on the architecture of embedded devices, threat modeling, and attack trees, you’ll go on to explore hardware interfaces, ports and communication protocols, electrical signaling, tips for analyzing firmware images, and more. Along the way, you’ll use a home testing lab to perform fault-injection, side-channel (SCA), and simple and differential power analysis (SPA/DPA) attacks on a variety of real devices, such as a crypto wallet. The authors also share insights into real-life attacks on embedded systems, including Sony’s PlayStation 3, the Xbox 360, and Philips Hue lights, and provide an appendix of the equipment needed for your hardware hacking lab – like a multimeter and an oscilloscope – with options for every type of budget. You’ll learn: How to model security threats, using attacker profiles, assets, objectives, and countermeasures Electrical basics that will help you understand communication interfaces, signaling, and measurement How to identify injection points for executing clock, voltage, electromagnetic, laser, and body-biasing fault attacks, as well as practical injection tips How to use timing and power analysis attacks to extract passwords and cryptographic keys Techniques for leveling up both simple and differential power analysis, from practical measurement tips to filtering, processing, and visualization Whether you’re an industry engineer tasked with understanding these attacks, a student starting out in the field, or an electronics hobbyist curious about replicating existing work, The Hardware Hacking Handbook is an indispensable resource – one you’ll always want to have onhand.

Supply Chain Management for Sustainable Food Networks

Supply Chain Management for Sustainable Food Networks PDF Author: Eleftherios Iakovou
Publisher: John Wiley & Sons
ISBN: 1118930754
Category : Technology & Engineering
Languages : en
Pages : 335

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Book Description
An interdisciplinary framework for managing sustainable agrifood supply chains Supply Chain Management for Sustainable Food Networks provides an up-to-date and interdisciplinary framework for designing and operating sustainable supply chains for agri-food products. Focus is given to decision-making procedures and methodologies enabling policy-makers, managers and practitioners to design and manage effectively sustainable agrifood supply chain networks. Authored by high profile researchers with global expertise in designing and operating sustainable supply chains in the agri-food industry, this book: Features the entire hierarchical decision-making process for managing sustainable agrifood supply chains. Covers knowledge-based farming, management of agricultural wastes, sustainability, green supply chain network design, safety, security and traceability, IT in agrifood supply chains, carbon footprint management, quality management, risk management and policy- making. Explores green supply chain management, sustainable knowledge-based farming, corporate social responsibility, environmental management and emerging trends in agri-food retail supply chain operations. Examines sustainable practices that are unique for agriculture as well as practices that already have been implemented in other industrial sectors such as green logistics and Corporate Social Responsibility (CSR). Supply Chain Management for Sustainable Food Networks provides a useful resource for researchers, practitioners, policy-makers, regulators and C-level executives that deal with strategic decision-making. Post-graduate students in the field of agriculture sciences, engineering, operations management, logistics and supply chain management will also benefit from this book.

The Resilient Enterprise

The Resilient Enterprise PDF Author: Yossi Sheffi
Publisher: MIT Press
ISBN: 0262250624
Category : Business & Economics
Languages : en
Pages : 323

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Book Description
Stories from Nokia, Dell, UPS, Toyota, and other companies show how firms can reduce their vulnerability to high-impact distributions, from earthquakes to strikes, from SARS to terrorism, and use them for competitive advantage. What happens when fire strikes the manufacturing plant of the sole supplier for the brake pressure valve used in every Toyota? When a hurricane shuts down production at a Unilever plant? When Dell and Apple chip manufacturers in Taiwan take weeks to recover from an earthquake? When the U.S. Pacific ports are shut down during the Christmas rush? When terrorists strike? In The Resilient Enterprise, Yossi Sheffi shows that companies' fortunes in the face of such business shocks depend more on choices made before the disruption than they do on actions taken in the midst of it—and that resilience benefits firms every day, disaster or no disaster. He shows how companies can build in flexibility throughout their supply chains, based on proven design principles and the right culture—balancing security, redundancy, and short-term profits. And he shows how investments in resilience and flexibility not only reduce risk but create a competitive advantage in the increasingly volatile marketplace.Sheffi describes the way companies can increase security—reducing the likelihood of a disruption—with layered defenses, the tracking and analysis of “near-misses,” fast detection, and close collaboration with government agencies, trading partners, and even competitors. But the focus of the book is on resilience—the ability to bounce back from disruptions and disasters—by building in redundancy and flexibility. For example, standardization, modular design, and collaborative relationships with suppliers (and other stakeholders) can help create a robust supply chain. And a corporate culture of flexibility—with distributed decision making and communications at all levels—can create a resilient enterprise.Sheffi provides tools for companies to reduce the vulnerability of the supply chain they live in. And along the way he tells the stories of dozens of enterprises, large and small, including Toyota, Nokia, General Motors, Zara, Land Rover, Chiquita, Aisin Seiki, Southwest Airlines, UPS, Johnson and Johnson, Intel, Amazon.com, the U.S. Navy, and others, from across the globe. Their successes, failures, preparations, and methods provide a rich set of lessons in preparing for and managing disruptions. Additional material available at www.TheResilientEnterprise.com.

Sustainable Logistics and Supply Chain Management (Revised Edition)

Sustainable Logistics and Supply Chain Management (Revised Edition) PDF Author: David B. Grant
Publisher: Kogan Page Publishers
ISBN: 0749473878
Category : Business & Economics
Languages : en
Pages : 255

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Book Description
Sustainable Logistics and Supply Chain Management is the essential guide to the principles and practices of sustainable logistics operations and the responsible management of the entire supply chain. Based on extensive research by experts in the field, this comprehensive book covers the whole scope of sustainable logistics. The book provides carefully reviewed research-led applications and case studies that have been especially developed for this revised edition with particular attention for use in a teaching context. The mini case studies are highly topical, relating the theoretical concepts to practice and what is actually happening 'on the ground'. Examining the subject in an integrated manner, this book examines all the key areas in sustainable logistics and supply chain management, including: sustainable product design and packaging; sustainable purchasing and procurement; cleaner production; environmental impact of freight transport; sustainable warehousing and storage; sustainable supply management; reverse logistics and recycling; supply chain management strategy, and much more. The book provides an excellent insight into the topic that will help managers, students, and scholars grasp the fundamentals of green supply and logistics management. This revised edition of Sustainable Logistics and Supply Chain Management includes valuable supporting online materials, including PPT presentations, chapter summaries, learning objectives, tips for teaching and in class activities.

Assessing Genetic Risks

Assessing Genetic Risks PDF Author: Institute of Medicine
Publisher: National Academies Press
ISBN: 0309047986
Category : Medical
Languages : en
Pages : 353

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Book Description
Raising hopes for disease treatment and prevention, but also the specter of discrimination and "designer genes," genetic testing is potentially one of the most socially explosive developments of our time. This book presents a current assessment of this rapidly evolving field, offering principles for actions and research and recommendations on key issues in genetic testing and screening. Advantages of early genetic knowledge are balanced with issues associated with such knowledge: availability of treatment, privacy and discrimination, personal decision-making, public health objectives, cost, and more. Among the important issues covered: Quality control in genetic testing. Appropriate roles for public agencies, private health practitioners, and laboratories. Value-neutral education and counseling for persons considering testing. Use of test results in insurance, employment, and other settings.