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Required: • For all questions below, please use Word document (1.5 line spacing). If you are working with a partner, submit only ONE assignment per group, with both your names at the upper right corner of page 1. Submit through Blackboard assignment function. • Name your submitted file as following examples: o If your assignment is a solo work, and your name is Julia Roberts: "Roberts AS2.doc" o If your assignment is a group work, and names are Julia Roberts & Sidney Crosby: "Roberts Crosby AS2.doc" 1. Assume that you are at the end of June 2019. Suppose among the headlines in Edmonton Journal at the end of June 2019 are: - "Crude oil (WTI) price decreased by 50% since January 1, 2019" - "Exiting Alberta - Number of workers leaving Alberta expected to reach 25,000 in 2019" - "Bank of Canada hints at increasing interest rates" Discuss how these three hypothetical developments mentioned above in June 2019 could impact inventory management of a major retailer operating in Edmonton, AB. Be specific in discussing: a. (6 marks) Individual impacts of the three events respectively on inventory management b. (2 marks) Collective and combined impact of the three events on inventory management 2. Virtual-to-go is a primary online reseller of popular name brand tablet PCs. Demand data for the past 12 months for two of its steady-selling Tablets (Ultra-TabX & Extreme TabX) purchased from TabX, a major Tablet PC manufacturer, are shown below: Both tablets cost $200/unit from the manufacturer. Ordering cost for the tablets is $450 per order and the annual holding cost rate is 25% of the unit purchase cost. Lead time for the delivery of tablets is considered constant Sales for Ultra-TabX Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Annual Sales 545 539 555 560 531 571 560 565 533 564 522 567 6612 Sales for Extreme-TabX Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Annual Sales 152 539 706 182 788 300 690 335 812 699 945 469 6617 a. (2 marks) At every order instance, Virtual-to-go has been ordering 600 units each of these two tablets from the manufacturer. Determine the total annual inventory related costs for (i) Ultra-TabX and for (ii) Extreme TabX for the order size of Q = 600 each. b. (4 marks) You have been hired by Virtual-to-go as an inventory analyst to provide a better ordering policy. Based on what you learned in SCMT200, you propose that they implement an EOQ policy. Determine the (i) economic order quantities (EOQ) and (ii) the total annual inventory related costs for (i) Ultra-TabX and for (ii) Extreme TabX. c. (4 marks) Critique and assess your decision to implement the EOQ policy for Ultra-TabX & Extreme TabX in part b. In particular, - That is, discuss how well the EOQ policy would perform as an inventory policy for (i) Ultra-TabX and for (ii) Extreme TabX. Be clear and specific in your discussion. d. (4 marks) Your supervisor, Sheila Lacombe (the Inventory & Warehouse Manager) at Virtual-to-go is now concerned about high average inventory levels for many of its products, as they undermine company's operating efficiency. She has asked you to submit a brief summary action plan to reduce the inventory by 50% over the next 12 months. Discuss your approach towards achieving reduction of average inventory level by 50%. No calculations would be necessary. Within 200 words. 3. (10 marks) Conduct research and provide two real business examples (i.e., real companies) on how information symmetry (or asymmetry) influenced inventory-based supply chain performance via incentive alignment (or incentive misalignment). Maximum 1 page, 1.5 line spacing. To receive marks for this essay question, you have to: - Be specific, and to the point. Lengthy but pointless statements will get no marks. - Do not re-use examples already mentioned in Narayanan & Raman's "Aligning Incentives in Supply Chains" such as Cisco, Canadian Breadmaker, Sears v. Whirlpool examples, etc. No marks will be given for re-using examples in Narayanan & Raman. (3 marks) You are to use online or offline references as needed; in either case, you are required to provide proper citations & a reference list.

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