D471 Math Formulas: Concepts & Applications in Supply Chain Management

D471 Math Formulas: Concepts & Applications in Supply Chain Management




D471 Math Formulas
Competency 1: Describes Supply Chain Management
and Risks
None
Competency 2: Describes Supply Chain Relationship
Management
Weeks of Supply Ch 6 p. 136




Economies of Distance Ch. 7 p. 151
Economies of distance is a term used to describe the fact
that the longer the distance shipped at one time, the
smaller the per unit cost of freight moved. Consider that
sending one shipment 500 miles is cheaper than sending
two shipments 250 miles each. Similarly, in your
everyday life, consider that taking a taxi 10 miles is
cheaper than taking two taxis 5 miles each. The reason is
that the longer distance allows fixed cost to be spread
over the larger number of miles.



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D471 Math Formulas: Concepts & Applications in Supply Chain Management

, D471 Math Formulas: Concepts & Applications in Supply Chain Management




Competency 3: Explains Supply Chain Effects on
Consumers
Theoretical Minimum Number of Workstations Ch. 5 p.
114



Break-even Analysis Ch 5 pp. 104 – 106




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D471 Math Formulas: Concepts & Applications in Supply Chain Management