3 Credit Hours
04/07/2014 to 06/01/2014
This course focuses on the micro and macro economic issues associated with international, national, and local transport, logistics, and other issues in the transportation industry. Topics include the economic aspects of rail, water, air, ground, and other transport modes; inventory, and supply. Course Scope:
This course will provide you with a solid foundation in economic principles and the interaction of transportation economics with regard to technology & globalization. The course will explore the application of economic theory to the transport sector. Unlike other courses which often concentrate on particular modes of transport, such as the railways or shipping, or specific sectors such as the nationalized transport industries, one of the main aims of our course is to show that many economic issues in transport are common to all modes, with some variations. Subsequently, the approach is to show how economic theory may be applied to improve the overall efficiency of the transport sector; examples are, therefore, drawn from all forms of transport.
After successfully completing this course, the student will: 1. Explain how the processes of transportation economics play a major role in transportation decisions of an organization. 2. Identify value opportunities for organizations with a rational ERP implementation. 3. Determine best practices for inventory control decisions. 4. Define how reverse logistics can benefit a company.
5. Describe how customer service can improve within a supply chain operation. 6. Discuss international and domestic terms of sale.
7. Discuss wholesale and retail transportation economics.
8. Describe how benchmarking can be a critical aspect of performance management. 9. Explain how a transportation economics strategy can effectively position an organization to maximize shareholder value.
This course delivered via distance learning will enable students to complete academic work in a flexible manner, completely online. Course materials and access to an online learning management system will be made available to each student. Online assignments are due either on Thursday (initial forum response) or by the last day of each week (written assignments) and include forum questions (accomplished in groups through a threaded forum), examinations (graded electronically) and assignments (submitted for review by your professor). Assigned professors will support the students throughout this eight-week course.
Supply Chain Logistics Management
Author: Donald Bowesox, David Closs & M. Bixby Cooper
Pocket Guide to APA Style
Author: Robert Perrin
NOTE: Case Studies, Research Papers and Mid Term/Final Exams require APA Style guidelines. All Case Studies and Research Papers must include a cover, an abstract with thesis statement or introduction to prove the pros and cons or costs and benefits with support (citations), a conclusion with recommendation(s) and a reference page. 1. Forum Discussions
There are eight forum assignments during this course, plus the introduction - bio. Each forum evaluation is divided into two parts: the submission, minimum 250 and maximum of 500 words due by Thursday each week and at least two substantive responses to classmate’s postings, minimum 100 and maximum of 200 words. Responses to Professor are not counted as participation. If you present an opinion then you must validate it with a fact which is supported from the text book, article or web site. An opinion without validation is not applicable. With the exception of the Bio and Reflections, forum assignments are worth 60 points towards the course’s final grade. While we do not need to...
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