University : Monarch Institute UniLearnO is not sponsored or endorsed by this college or university.
Subject Code : TLIX5036
Country : Australia
Assignment Task
 

Aims of this assessment
This assessment explores your understanding of accounting in the logistics industry and how technology and communications act as enablers for efficient logistics operations. There are questions on your capability to demonstrate managing and improving logistics operations. The assessment also tests your knowledge and skills in the areas on how you can manage and monitor technical data and information systems. Finally, the assessment looks at checking your ability to demonstrate skills in managing performance of your team, conduct performance appraisals and provide effective feedback.


Question 1: Is it possible for a business to be profitable yet become bankrupt? Explain how this can occur.
Question 2:
To accurately calculate the cost to serve requires the collection of data from multiple areas, followed by consolidation by measurement criteria such as geographic area or customer type. Select a cost type from the list provided in chapter 13 and identify the “lowest-cost” manner of collecting the data.
Planning
Question 3:
What information is required to use the strategic profit model to calculate ROE?
Question 4:
Comment on the following statements concerning Logistics service provider (LSP) pricing for quotations:
As the gross profit on the proposed contract contributes to the fixed overheads, the bid price can be reduced to win the contract.
The contract will be priced at $”X”, as that will cover variable costs.
Our vehicles already pass the potential client’s premises; therefore, delivery charges can be removed from the quotation.
The potential client is located next to a current customer. How will distribution costs be established?
Management
Question 5:
Consider cash flow, working capital and cash to cash cycle time. How would you use these three measures as a basis for managing supply chains?
Question 6:
Explain why generally accepted traditional accounting principles may not be sufficient to assist a logistics manager in the management of a supply chain.

 

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