Short AnswersPlease provide short answers to the following:1. What is the basic objective in a logistics design and analysis study? Is it normally a one-time activity?Answer:2. In a general sense, what are the essential differences between analytic and simulation techniques?Answer:3. Using the Lowe’s and Whirlpool example in the chapter as a setting, discuss what you think are some of the issues involved for each firm as the relationship progresses from initiation to maturity.Answer:4. What would you suggest the Lowe’s and Whirlpool as possible next steps in their collaborative relationship?Answer:5. How does the balanced scorecard concept help guide logistics managers in the development of a performance measurement system?Answer:6. Is the ideal of a perfect order a realistic operational goal?Answer:7. Discuss the implications for supply chain leadership as their focus shifts from minimizing total supply chain cost to maximizing firm sustainability. Answer:8. Discuss the implications of increasing fuel costs on supply chain design. How can global firms mitigate the impact of increased fuel prices? Answer:
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