Business and Economics for Chains and Management Networks

BUSINESS AND ECONOMICS FOR CHAINS
AND MANAGEMENT NETWORKS

Table of Contents
Question 1........................................................................................................................................3
1. Calculate the supply chain surplus for the product..................................................................3
2. Identify the governance relationships which are associated with delivering the products’
value. Identify the key supply chain performance measures, and justify your choices...............3
3. Forecast 2021/22 consumer demand for the product at the specified retail outlet, using
quarters as the time interval.........................................................................................................3
4. Calculate and interpret EOQ for the product at one stage of the supply chain.......................4
5. For the region within which your retail outlet lies, formulate an optimal distribution system
for the product, either for manufacturing or wholesale, whichever serves retail........................5
6. Identify and justify an appropriate Aggregate Planning strategy for the manufacturer in this
supply chain to follow.................................................................................................................7
7. Identify the role played by information in this supply chain. Suggest and justify
improvements based on information...........................................................................................7
REFERENCES..............................................................................................................................10

Question 1
1. Calculate the supply chain surplus for the product
Supply chain surplus = Revenue generated from the group of customers – Total cost used
in producing and delivering the good to customers.
2. Identify the governance relationships which are associated with delivering the products’ value.
Identify the key supply chain performance measures, and justify your choices.
 Canon organizations and factories, and also Group production firms, have relationships
with dozens of non-Canon manufacturers from which they buy a large range of
components, including electrical components, electronic devices, modules, and materials.
The social obligation of these manufacturers is reviewed and evaluated on a regular basis
by procurement departments at Canon should opt to stop doing business that suppliers if
their break the law or violate the terms under international treaties governing human
rights, labour, as well as the environment (Assagaf and Ali, 2017).
 The clauses throughout the Republican Candidate are drawn from and respect globally
accepted values such as the ILO Renewable energy Directive Principles of International
law and the UN Universal Declaration respecting Human Rights, in accordance with the
UN Governing Business and Human Rights. Child labour, slave labour, like trafficking,
sexism, poverty wages rates, regular hours, as well as staff contact are all topics that
Canon expects its vendors to acknowledge.
 Canon maintains a study of its vendors, relying on the Canon Code Of conduct as well as
other guide guidelines, to see whether they follow standards in fields like business
integrity, regulatory enforcement, and product protection. Confidential knowledge
security, civil rights, immigration, workplace safety, including intellectual property
enforcement, to name a few. Environmental protection chemical material control,
airborne contaminants contamination avoidance, proper waste treatment, energy
production conservation initiatives, GHG elimination, and nature conservation.
3. Forecast 2021/22 consumer demand for the product at the specified retail outlet, using quarters
as the time interval.
The table below shows the forecast of consumer demand for Canon cameras for the
financial year 2021/2022.