NO COPIED CONTENT...I'VE PROVIDED THE POWERPOINT TEMPLATE BELOW TO IMPLEMENT ANSWERS TO THE FOLLOWING SCENARIO:STANDARD PROBLEM SOLVING EXERCISE You are the Logistics Manager for “Pie in the Sky” manufacturing. You’ve just come back from the President’s office where you got a chewing out again. The boss chewed you out for the second straight month because of the increasing percentage of raw materials for your new toy, the flying pie, are damaged when received. He has told you to breakout your problem solving tools and get the problem fixed. You go back to your office feeling pretty bad. You get right to work on the problem. Here are the facts that you know: a. Suppliers:Randy and Rusty’s plastics and Tony’s rubber and metals. b. You receive two shipments per week from each supplier. c. The shipments should be inspected before leaving your suppliers and again by the company’s shipping and receiving department. d. Shipping and receiving moves the raw materials to the storage area until it’s pulled for use (a week after delivery). e. The storage area is managed by a man, Jimmy, who is in his sixties and not in good health.He has one permanent employee and two students who work after school for a few hours. f. The raw materials are moved to the production line on Monday and Wednesday.Jimmy and his permanent employee retrieve the materials and forklift the pallets to the production area.This is done early in the morning before the factory workers come in.Now you remember hearing some complaints about the materials not being secured on the pallets. g. The production line workers remove the materials from packing and move them by hand to the beginning of the production line to start the process. h. The raw materials, especially the plastic, are delicate.The materials, if dropped can be damaged. i. The materials make their way through production line and come out on the end; a finished product ready to ship.The same crew that delivered the materials to the line, pick-up the finished products, and return them to the storage area for packing and shipping.The packing and shipping is not outsourced. j. You have a computer system that tracks all materials, finished products, shipment to customers, and financial transactions.However, it’s become outdated and the information contained is not always reliable. Now that you have some basic facts, you can start solving this problem.You remember back to your school days when you took supply chain management.You remember your great instructor and the Standard Problem- Solving that you were taught. Using the 7 step method below analyze and solve the above problem.There are two ways to do this assignment; 1) Only looking at what’s known – topical only, and 2) Drilling down beyond the known and thinking outside the box.Please be creative and drill down into the information. STEP DESCRIPTION 1 SELECT THEME 2 COLLECT AND ANALYZE DATA 3 ANALYZE CAUSES 4 PLAN AND IMPLEMENT SOLUTION 5 EVALUATE EFFECTS 6 STANDARDIZE SOLUTION 7 REFLECT IN PROCESS (AND NEXT PROBLEM)

Review AirAsia: The World’s Lowest Cost Airline and discuss the concept of cost advantage. Review textbook Figure 7.10, Using the value chain in cost analysis.A case study is a puzzle to be solved, so before reading and answering the specific questions, develop your proposed solution by following these five steps:Read the case study to identify the key issues and underlying issues. These issues are the principles and concepts of the course area which apply to the situation described in the case study.Record the facts from the case study which are relevant to the principles and concepts of the course area issues. The case may have extraneous information not relevant to the current course area. Your ability to differentiate between relevant and irrelevant information is an important aspect of case analysis, as it will inform the focus of your answers.Describe in some detail the actions that would address or correct the situation.Consider how you would support your solution with examples from experience or current real-life examples or cases from textbooks.Complete this initial analysis and then read the discussion questions. Typically, you will already have the answers to the questions but with a broader consideration. At this point, you can add the details and/or analytical tools required to solve the case.Case Study Questions:Discuss how AirAsia achieves a cost advantage. Provide an in-depth analysis for AirAsia Construct and use a value chain to show how AirAsia achieves its multiple cost advantages.Are AirAsia’s cost advantages imitable by other airlines? Why or why not?Can AirAsia effectively compete in long-haul air travel given the nature of its existing strategy and the nature of the cost advantages that underpin AirAsia’s existing strategy?Embed course material concepts, principles, and theories (require supporting citations) in your initial response along with at least one scholarly, peer-reviewed journal article. Keep in mind that these scholarly references can be found in the Saudi Digital Library by conducting an advanced search specific to scholarly references. Use Saudi Electronic University academic writing standards and APA style guidelines.You are required to reply to at least two peer discussion question post answers to this weekly discussion question and/or your instructor’s response to your posting. These post replies need to be substantial and constructive in nature. They should add to the content of the post and evaluate/analyze that post answer. Normal course dialogue doesn’t fulfill these two peer replies but is expected throughout the course. Answering all course questions is also required.RequiredChapter 7 in Contemporary Strategy AnalysisChapter 7 PowerPoint slides in Contemporary Strategy AnalysisBarney, J. B., & Mackey, A. (2018). Monopoly profits, efficiency profits, and teaching strategic management. Academy of Management Learning & Education, 17(3), 359–373.Sundarakani, B., Abdul Razzak, H., & Manikandan, S. (2018). Creatingcompetitive advantage in the global flight catering supply chain: A case study using SCOR model. International Journal of Logistics: Research & Applications, 21(5), 481–501.RecommendedArbi, K. A., Bukhari, S., & Saadat, Z. (2017, December). Theoretical framework for taxonomizing sources of competitive advantage. Management Research and Practice, 9(4), 48–60.Bashir, M., & Verma, R. (2017). Why business model innovation is the new competitive advantage. IUP Journal of Business Strategy, 14(1), 7–17.