2. Alpha Car Rental Agency plans to purchase five new automobiles to replace five older vehicles. The older vehicles are to be sold at auction. The agency has solicited from five individuals, each of whom wishes to buy only one vehicle but has agreed to make a sealed bid on each of the five. The bids are as follows in terms of (10,000): The agency wishes to determine which bid to accept from each of the five bidders so that each of them can buy one vehicle accepted bids is a maximum. (Maximization Problem) Automobiles Buyers Toyota Mitsubishi Ford Chevrolet Nissan 1 12 20 10 8 7 2 10 13 11 9 14 3 5 6 10 7 3 4 9 7 10 9 11 10 14 12 10 6 5

2. Alpha Car Rental Agency plans to purchase five new automobiles to replace five older vehicles. The older vehicles are to be sold at auction. The agency has solicited from five individuals, each of whom wishes to buy only one vehicle but has agreed to make a sealed bid on each of the five. The bids are as follows in terms of (10,000): The agency wishes to determine which bid to accept from each of the five bidders so that each of them can buy one vehicle accepted bids is a maximum. (Maximization Problem) Automobiles Buyers Toyota Mitsubishi Ford Chevrolet Nissan 1 12 20 10 8 7 2 10 13 11 9 14 3 5 6 10 7 3 4 9 7 10 9 11 10 14 12 10 6 5

Purchasing and Supply Chain Management

6th Edition

ISBN:9781285869681

Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Publisher:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

ChapterC: Cases

Section: Chapter Questions

Problem 5.2SB

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The director collected $3000 amount as funds for the tournament on the condition that the amount will be spent on buying prices and trophies and for the two-day tournament and also arranging food for people participating in the tournament. The funds were collected as donations from the people. However, the manager of the club said that as the club is struggling in making profits, $1500 would be spent on the tournament, and the remaining $1500 will be considered as pure profits. This was not acceptable by the person who arranged the funds for the tournament after convincing people that the entire amount will only be used on the tournament. 1. Was it right in challenging my manager? Should I have handled this differently?
The director collected $3000 amount as funds for the tournament on the condition that the amount will be spent on buying prices and trophies and for the two-day tournament and also arranging food for people participating in the tournament. The funds were collected as donations from the people. However, the manager of the club said that as the club is struggling in making profits, $1500 would be spent on the tournament, and the remaining $1500 will be considered as pure profits. This was not acceptable by the person who arranged the funds for the tournament after convincing people that the entire amount will only be used on the tournament. 1. Do you think the companies would have felt cheated if the golf course had pocketed theirdonations?
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The Jennings Construction Company has decided to bid on the construction for each of the two phases of a large project. The bidding requirements are that the costs for each phase be submitted separately together with a transition cost for turning over the first phase of the program to a second contractor should Jennings not receive both awards or perform unsatisfactorily on the first phase. The evaluation for the award of the second phase will not be made until the first phase is near completion. How can the transition costs be identified in the strategic planning model?
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Explain the Proportionality assumption?
Alicia Wong Alicia Wong, Corporate Supply Manager, Thain Foods Limited, wanted to prepare a proposal to manufacture mustard in-house. Mustard, an important ingredient in many of the company’s products, was currently purchased from an outside supplier. She hoped a comprehensive proposal could be prepared in one-month’s time for the CEO’s approval Thain Foods Limited (TFL) had been in business for morethan 30 years. Its products included a wide range of syrupsfudges, cone dips, sauces, mayonnaise, and salad dressings. Its customers were major food chains, hotels, and restaurants in North America and Europe. TFL believed in continuous improvement to its operations. Over the last two years, it invested more than $2 million in plant facilities, the bulk of it new, state-ofthe-art process equipment and process control. All production and process control functions were computerized for maximum efficiency. TFL employed about 120 people. It had a corporate structure of CEO; president; executive…