Chapters 11, 13, 14, 15 & 16

1. What are some of the specific features which influence the decision of firms to locate in certain geographical markets? What patterns or trends are you aware of in relation to the location plans and preferences of firms today?
2. What are some of the key reasons why firms might want to or have to consider the facility location decision?
3. What are the six primary facility location determinates?  Which are more/less important?  
4. Are there some states in which it is legal for union membership to be a condition of employment? Explain.
5. Based on the examples discussed in class, what factors explain the location decisions of specific companies which were highlighted?
6. What are the various types of quantitative analyses used in the location decision?
7. What are the general steps which you feel should be included in a firm's approach to the location decision?
8. Solve a problem using the grid (center of gravity) method for facility location.
9. What are the major advantages and limitations of the grid method?
10. Distinguish between terms such as "pure vs. weight-losing", and "localized vs. ubiquitous". What is the importance of each to the location decision?
11. What is meant by the tapering rate principle? How does this principle affect the location decision? What is the relationship of the "transit privilege" concept to the tapering rate principle?
12. What are some of the characteristics of the most popular cities and areas in which firms are tending to locate today?
13. What is meant by a "zone" rate system? A "blanket" rate system?
14. What is the significance of the commercial zone concept to the location decision?
15. What are some of the key supply chain measures used by real world companies?
16. What are the keys to a "good" measurement?
17. Be able to name and describe the four category of measures as given in the Logistics Quantification Pyramid and present examples of each.
18. Who does the measurement in the process and what is the tool they use?
19. What is SCOR, and basically, and how does it work?
20. What are some of the financial measure that are used in the supply chain and which is the most are important to logisticians?
21. How do logistics decisions affect varies financial measures (i.e., how does reducing stockouts change ROA?)
22. Be able to compute ROA and ROE in the DuPont Strategic Profitability Model.  Also, understand the relationships between the areas.
23. What is Cash-to-Cash cycle and why is it a good/bad measure?  Calculate C2C.
24. Operating ratios should be greater or less than One? Calculate Operating Ratio.
25. What is a 3rd Party Logistics company? Who are some of the larger ones? What advantages and weaknesses are there to using one?
26. What are the triggers to a 3PL buying process?
27. Are companies happy or disappointed with 3PLs?
28. What is a 4PL?

Last exam - Good Luck!