In this learning activity, you will learn what supply chain management is, four main links that make up the supply chain, and explore examples of how effective supply chain management works.
This interactive activity represents the grid modeling technique, a heuristic model for choosing a centralized location for a manufacturing or distribution center within a supply chain network. The formula calculates a central point between the suppliers and the markets. This object requires the latest version of Flash Player.
Understanding The Interrelationship of Supply and Demand
In this learning object you'll examine the supply and demand curves and to demonstrate the effects on equilibrium price/quantity and on price ceilings and floors.
All questions in this topic have been covered in lecture 2 and 3. You can get the answer from handout material as well as textbook. By the end of this activity, students are able to grab some fundamentals on demand, supply and equilibrium.
This video illustrates what can happen in a court room when chain-of-custody procedures for collecting evidence are either ignored or not carried out properly.