Devry GSCM209 All Weeks Discussions Latest 2019 JULY
GSCM209 The Supply Chain Management Decision Support Tools and
Applications
Week 1 Discussion
DQ1 DECISION
TREES
Decision
trees are graphic displays of the decision process. When do you feel it is
appropriate to use decision trees? For simple decisions? Complex decisions?
Why?
DQ2 EXPECTED
VALUE
How does
the EV differ from the real value?
GSCM209 The Supply Chain Management Decision Support Tools and
Applications
Week 2 Discussion
DQ1 TIME-SERIES
ANALYSIS
Discuss the
advantages and disadvantages of two time-series analyses discussed in the text.
Present examples of where the advantage and disadvantage might occur in your
workplace. What role does time series play in OM supply chain management?
DQ2 LINEAR
REGRESSION INTRODUCTION
In your own
words, what is the difference between linear regression and time-series
forecasting?
GSCM209 The Supply Chain Management Decision Support Tools and
Applications
Week 3 Discussion
DQ1 LINEAR
REGRESSION ANALYSIS
What is
associative forecasting. Why do we use regression analysis in associative
forecasting?
DQ2 CORRELATION
ANALYSIS
What impact
does regression have on correlation analysis? Explain the two ways correlation
can be displayed mathematically. Does one way have an advantage over the other?
Explain your thinking.
GSCM209 The Supply Chain Management Decision Support Tools and
Applications
Week 4 Discussion
DQ1 BREAK-EVEN
ANALYSIS
What is a
break-even analysis, and why do we need it?
DQ2 TIME
VALUE OF MONEY
What do we
mean by time value of money? What does it provide in operations?
GSCM209 The Supply Chain Management Decision Support Tools and
Applications
Week 5 Discussion
DQ1 WAITING-LINE
MODELS
Is the use
of waiting-line models more important in service industries than product
manufacturing?
DQ2 LINEAR PROGRAMMING
Linear
programming is a widely used mathematical technique designed to help operations
managers plan and make decisions. Why is LP so important in decision making?
GSCM209 The Supply Chain Management Decision Support Tools and
Applications
Week 6 Discussion
DQ1 GRAPHICAL
METHOD IN LINEAR PROGRAMMING
Graphical
solutions in LP have a limited number of decision variables. What is the
maximum number?
What is the
solution that the graphical method presents to the operations manager?
DQ2 SIMPLEX
METHOD IN LINEAR PROGRAMMING
What is the
simplex method in LP?
How does it
differ from the graphical method?
Which
method lends itself to computer solutions?
GSCM209 The Supply Chain Management Decision Support Tools and
Applications
Week 7 Discussion
DQ1 CRITICAL
PATH METHOD
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What is
CPM? What circumstances led DuPont to develop this tool? Who typically uses
this tool today? Why would a company use CPM?
DQ2 PROGRAM-EVALUATION-REVIEW
TECHNIQUE
What is
PERT? What circumstances led the Navy to develop this tool? Who typically uses
this tool today?
