Markov chain

INTRODUCTION Louis Vutton himself founded Louis Vutton, originally called Louis Vutton Malletier in 1864. The name is further shortened to LV and its mark is found in almost all of its products, which range from bags, trunks, shoes, watches, accessories. Louis Vutton is very well renowned and is one of the largest fashion houses. Gucci was founded in 1921 by guccio Gucci. It’s an Italian fashion house part of the Gucci group. It’s the best selling Italian brand. Its deals in luxury good as…

1. What are the most significant factors affecting the attractiveness of the container shipping industry? The container shipping industry is including in four main segment: 1. container shipping, 2. roll-on, roll- off, 3. Industrial or bulk shipping for commodities, 4. Tanker shipping for natural gas, oil and chemicals. There are many significant factors that affect the container shipping in industry. First are the costs, fixed costs and the bunker costs, Container shipping industry need to…

supply chain management. In its early years, the company had difficulties estimating demand and managing inventory often leading to stock-outs. In mid 2000s Apple began working with suppliers, providing their upfront capital in return for volume commitment. This concept not only reduced the overall price per unit but was the turning point for Apple in better handling its supply chain. In conjunction with working closely with suppliers, Apple was able to keep tighter control of the supply chain…

areas for Return material storage. • Giving Reverse logistics same priority as forward logistics. • Including Reverse logistics performance in employee appraisals. • Nominating special transportation for returns. • Collaborating between supply chain members for Reverse logistics. • Maintaining appropriate costing data for returns. • Dedicated software for reverse logistics. • Including Reverse logistics in MIS reports. • Using data from failure analysis and product returns…

emissions. It has established the following strategic directions for climate change response: “Reduction of GHG emissions associated with production,” “reduction of GHG emissions associated with product use,” “reduction of GHG emissions across the value chain,” and “commitment to social responsibility based on promotion of low-carbon culture,” and make a wide range of efforts to deliver results. LG Electronics is fully committed to the proposal set by the UN and other accountable organizations…

services 5. Explain to Ted what a supply chain management (SCM) system could do for his business and how it might improve his operations. Be sure to cover the full range of SCM functionality as it applies to Old Dominion Trail Bikes. Supply chain management would help organize his vendors. He has vendors that supply various parts of bicycles that he uses for repairs, probably some that supply accessories and some that sell finished products. By using supply chain management he could get products…

4.2.2 Section B: Main factors Section B is the main part of the questionnaire survey to analyze the four factors of perception rail transportation. The reliability, accessibility, value added service, and cost is play the important role for the shipper to decide which type of mode is suitable to carry their cargo that fulfill all the cargo criteria. This question is focus on the level of rail freight transportation perception. 1. Reliability The reliability is the important transportation…

GBE Individual Assignment Question: Which theory do you think offers a better explanation of manufacturing FDI from developed country firms to developing countries: Dunning’s OLI paradigm or Vernon’s Product Life Cycle theory? Explain your answer fully. Structure of the Document: • Introduction. • Explanation of Theories Related to FDI: Dunning’s OLI paradigm and Vernon’s Product Life Cycle theory. • Conclusion. • References. INTRODUCTION A FDI (Foreign Direct Investment) is the controlling of…

Executive Summary Hagen Style is a successful kitchen equipment company in Europe and its success owes to its direct marketing operations, along with its efficient distribution system. To Hagen Style, it is a good start that this company developed the appropriate marketing and distribution strategies which fit the market at that time. These Operation Strategies are maintained by effective Operations Management. For instance, without strict planning and management, the two distributions could…

“backward” through the supply chain” That is the reverse logistics is limited to the movement of goods from the customer to company whereas returns management involves a more holistic approach and can be defined as follows: “Returns management is the supply chain management process by which activities…