I need two different abstract each abstract is a one-page paper that provides a complete summary of an eight page article. The abstract does not include a critique of the article or a commentary on the content. for more information and for abstract
example look at the attached file
Due Date: All abstracts must be completed and submitted by 5:00PM on Friday,
Substitution for Professional Development: You may substitute an abstract for a
professional development session. If you have already attended a professional
development session, then only one abstract is required. If you did not attend any
professional development sessions, then two abstracts will be required for full
Assignment: Prepare a one-page abstract of an eight page article related to
transportation, logistics, or supply chain management. You may select any topic, but
the topic must relate to these areas. Please see the example included in these learning
objectives. An abstract should provide a complete summary of the article. You should
the article in third person and not insert your personal viewpoints or criticismsÃ¢â‚¬â€you are
simply providing a one-page summary.
Learning objectives: At the completion of this assignment, you should:
Obtain a greater understanding of a specific topic in transportation, logistics or
supply chain management.
Become familiar with several academic and professional journals related to
transportation, logistics, and supply chain management.
Develop an initial capability to develop a concise summary of a transportation
topic and identify key points covered in the article.
Improve ability to write in a concise direct manner on a topic related to
To complete this assignment, you must submit:
A one page abstract of an article related to transportation, logistics, or supply
A copy of the article that was abstracted. The article should be provided in pdf
This assignment requires you to individually prepare a one-page abstract of a journal
article pertaining to transportation. You may not abstract an article reserved by another
student, used as an outside reading for the course, or that has been abstracted as a
requirement for another course. I will circulate the abstracts to the other logistics
professors for comparison. You must reserve your article in advance.
Reservations are on a first come basis. When reserving your article, place the title of
the article as the subject in the Abstract discussion area within Canvas. Please ensure
you place the title of the article in the subject. This approach will preclude other
students from having to open all messages to check whether an article has been
previously reserved. You have the responsibility to check whether another student has
already reserved the article. You must select an article from an academic refereed
journal. Articles obtained from the library in PDF format are acceptable. Failure to
comply with these guidelines will result in a significant grade penalty (score of 0)
for these assignments.
You can download and save a .pdf version of the file if you have Adobe Acrobat on your
PC and by clicking on the camera icon. A pdf of the article must accompany your
You must use the following format when preparing your abstract. Place your name, the
title of the article, and the course number on a copy of the abstract evaluation sheet
(available at the end of this section). At the top of the next page, in bold print, you
should have the bibliographical entry for the article you are abstracting, in the following
Furst, Stacie A, & Cable, Daniel M (2008). Employee resistance to organizational
change: managerial influence tactics and leader-member exchange. The Journal
of Applied Psychology, 93(2), 453-62.
Failure to follow this format will result in a 5-point deduction on the abstract
Following this, skip one line, and begin your abstract. It should summarize the problem
being addressed, outline the topic or method discussed, and review
results/benefits/problems encountered. The following rules and criteria will be used to
grade your abstract (these are in no particular order; they all are important).
An example abstract is included at the end of these learning objectives.
1. The text should be one-page only (and not shorter than one entire page),
single-spaced, with one-inch margins and a 12 point font.
2. The reference should be bold faced.
3. Do not quote directly, and do not use any headings.
4. Do not skip lines between paragraphs; simply indent the next paragraph and
5. Do not refer to Ã¢â‚¬Å“the author(s)Ã¢â‚¬Â or Ã¢â‚¬Å“the article.Ã¢â‚¬Â You should write the abstract as if
you are the author. This approach makes the abstract clearer and more
6. Do not abstract a a short editorial, commentary, or research Ã¢â‚¬Å“note,Ã¢â‚¬Â unless it is of
considerable length (i.e., more than 5 pages or so). All articles must be a
minimum of 1,500 words in length. Abstracts of articles less than 1,500
words in length will not receive more than 70 points. (See instructions at
the end of this attachment for combining multiple articles.)
7. You must not have any obvious grammatical errors or misspelled words.
8. Any sentence fragment results in an automatic one-letter grade reduction for that
9. Failure to reserve your article with me results in an automatic one-letter grade
deduction for that abstract.
10. Abstracting an article that has been reserved by another student results in an
automatic one-letter grade deduction for that abstract.
11. Do not use headings or lists.
1. Do not select an article that is laden with mathematical notation, theorems,
proofs, etc. that you do not understand.
2. Very briefly tell me why you picked that particular article (why it is relevant or of
interest to you.) Do not write more than two sentences regarding why.
3. Indicate precisely which topic or method from class was discussed, and how that
article made a contribution over and above previous work in the literature.
4. Could you picture yourself standing up in front of the class and presenting this as
a natural extension of the in-class lectures?
5. Could your classmates read your abstract and have it make sense to them (not
just to me)?
6. Did you describe the problem environment well?
7. Did you communicate well: did you haphazardly skip from one point to the next,
or was your presentation logically sequenced?
8. Did you indicate problems and benefits encountered, and/or experimental
9. Did it appear that you simply copied segments from the text, without really
understanding what you were writing?
10. Did it appear that you simply abstracted the first article you picked up?
11. Did you appear to be Ã¢â‚¬Å“filling?Ã¢â‚¬Â
12. Did you pick a Ã¢â‚¬Å“goodÃ¢â‚¬Â article; that is, one that has a very interesting or unusual
discussion, and one that you could easily understand?
13. Did you pique interest?
14. Is the article relatively recent (within last 10 years)?
15. Did you use terms in your abstract that you simply lifted out of the text, of which
you probably have no idea of their meaning?
Sources for articles:
The following academic journals represent great starting places for selecting your
articles. This list is by no means exhaustive. I strongly encourage you to start with The
Transportation Journal, Journal of Business Logistics or The Journal of Transportation
Management. These journals are application oriented, not filled with mathematical
notation, and very readable. The same is true of The International Journal of Logistics
Management, and International Journal of Physical Distribution and Logistics
Management. You will find that many of the other journals in the list are heavily
mathematical and very difficult to follow. I would suggest that you explore articles that
discuss a linkage between transportation management and your particular field of
interest first (i.e., if youÃ¢â‚¬â„¢re an accounting major, look for an article discussing the
linkages between, say, cost accounting and an operations topic).
Supply Chain Management Review (no editorials or articles less than five pages for any
journal), Production and Inventory Management Journal, International Journal of
Purchasing and Materials Management, Decision Sciences, Management Science,
Journal of Operations Management,, International Journal of Production Research,
Journal of Business Logistics, Computers and Industrial Engineering, Industrial
Management, Institute of Industrial Engineers (IIE) Transactions, International Journal
of Forecasting, International Journal of Logistics Management, International Journal of
Operations and Production Management, International Journal of Operations and
Quantitative Management, International Journal of Production Economics, International
Journal of Quality and Reliability Management, Journal of Business Forecasting,
Journal of Forecasting, Journal of Industrial Engineering, Journal of Physical
Distribution, Journal of Quality Management, Journal of Manufacturing and Operations
Management, Naval Research Logistics Quarterly, Production and Operations
Management, Production Planning and Control, Quality, Quality Progress, Supply Chain
Management, Journal of Supply Chain Management
Other sources include:
Inbound Logistics, World Trade, Logistics Management, and Journal of Commerce.
You may find that most of the articles appearing in these journals will not meet the
minimum word length. I will accept a combination of articles, not to exceed three that
combined meet the word count minimum. If you choose this approach, all three titles
must appear in the subject of the discussion posting.
Abstract Grading Rubric
Writing and Critical Thinking:
Explanation of Topic,
Relevance to Course, and
Rationale for Selecting the
Article for the Abstract
90 – 100%
80 – 70%
70 – 60%
Clearly identifies and
summarizes the main topic in
the original article and
explains why this material is
relevant to the course;
student clearly and concise
explains why article was
selected by relating to course
content or professional
Citation is complete and
follows format contained in
the syllabus; abstract
completely conforms to
Topic or issue in original
article is identified, but the
student is only somewhat
clear in summarizing the
topic and explaining its
relevance to the course;
student explains why article
was selected, but
explanation does not relate
to course content and
Citation is complete but does
not follow format contained
in syllabus; abstract may
have minor deviations from
< 60% 100 Topic or issue presented in the original article is not clear and summarization lacks focus. Student is only partially succssful in explaining how the topic is relevant to the course; explanation for selecting this article superficially addresses course content Format (Compliance with Citation is incomplete and Syllabus Guidelines) does not follow format contained in syllabus; abstract has several deviations from format requirements that detract from content; format used to overcome problems with conciseness or ability to use one-page to abstract the Writing and Communication: Consistently follows the Generally follows the rules Generally does not follow Spelling and Grammar rules of standard English; the for standard English; abstract the rules for standard abstract is free from spelling has a few typographical or English; abstract has a few and grammatical errors spelling errors with no typographical errors with grammatical errors minor grammatical errors; inaccuracies make the abstract moderately difficult to read Seems to be confused as to the main topic or issue addressed in the original article; fails to identify and adequately summarize the topic or issue; lacks an explanation of how the topic is relevant to the course; student not successful in explaining, or fails to Citation is missing or too incomplete to locate the article; abstract does not comply with format 10 Writing and Communication: Provides ample supporting Key Points Captured and detail to capture key points Explained and summarize the article; major points identified and concisely summarized Includes inconsistent or few details which may interfere with the meaning of the text-no clear attempt to write in a concise, direct manner Provides adequate supportng detail to capture key points and summarize the article; some major points may not be adequately summarized due to lack of concise writing Includes some details but includes extraneous or loosely related material; writing not concise--may be repetitive; unnecessary clauses or verbage include Does not follow the rules for standard English; abstract has several spelling and major grammatical errors; inaccuracies make the abstract very difficult to read 10 10 10 10 10 15 15 Learning Outcome Exceeds Expectations 90 - 100% Readability: Flow, Uses effective language; Transitions, and Word Choice makes engaging, appropriate word choices to achieve purpose; clear topic sentences for paragraph with organized supporting sentences; transitions used to smoothly move reader from previous topic to next major topic Writing Level: Professional Tone enhances readability Tone, Directness, and and interest in the article; Conciseness consistent tone used throughout abstract; writing style is professional and direct Complexity/Difficulty of Article Ability to Communicate Article Understanding of Content Article addresses complex or difficult logistics-related topic in a refereed academic journal--content will challenge student and require significant effort to comprehend the article Meets Expectations Approaches Expectations 80 - 70% 70 - 60% < 60% 100 Limited and predictable vocabulary--word choice may not be appropriate for business writing and for abstracting a journal article; no clear topic sentence but paragraphs focus on a general theme or topic; little attempt to transition the reader between major points Tone contributes moderately to readability and interest-may be "stiff" or fails to generate interest; tone is consistent through 70 percent of the abstract; writing style is not direct in up to 40 percent of the paper Has a limited and inappropriate vocabulary-word choice not appropriate for business writing and does not achieve purpose of abstracting a journal article; no clear topic sentences used in paragraphs, and paragraphs consist of sentences addressing Tone contributes little to making the abstract readable and intersting; inconsistent tone in majority (> 50
percent) of the abstract;
writing style is very indirect
and lacks a professional tone
Article represents no
significant complexity or
difficulty to the student–key
concepts and technical points
Article unacceptable for class
short, with little detail or
Tone enhances readability;
consistent tone used through
a least 80 percent of abstract;
writing style is professional
but may exhibit indirect style
in less than 20 percent of the
Abstract missing key points
and does not adequately
communicate results or
findings from original article.
Writing style needs some
work. Some parts of the
document are confusing due
to unclear sentences and lack
Correctly understands and
Correctly understands and
Correctly understands and
interpets the major logistical interprets most of the major interprets some of the major
issues contained in the
logistical issues contained in logistical issues contained in
abstract and is able to
the abstract and is able to
the abstract; difficulty
incorporate or explain the
evident in the student’s
summarize these issues
issues within the abstract
ability to explain or
within the abstract
summarize these issues
Uses effective language and
appropriate word choice;
topic sentence may not be
clear, but paragraph
organization does not
significantly detract from the
abstract; transitions are very
mechanical but are adequate
Article addresses a topic of
medium complexity or
difficulty–student should be
able to understand key
concepts but may be
challenged to understand
technical points or
Abstract clearly conveys
Abstracts conveys content
content and message
and message contained in
contained in the original
the original article; neat
article; excellent writing
writing style. Sentences are
style. Sentences are clearly supported with some
written, and they are
reasoning and evidence.
supported with reasoning or Some of the sentences need
more work in terms of clarity.
Abstract does communicate
the results or findings from
the original article. Poor
writing style. Several
incomplete and/or run-on
sentences. Logical flaws
Does not understand and
fails to interpret most or all
of the logistical issues
contained in the abstract;
students lacks ability to
effectively explain or
summarize these issues in
Timme, Stephen G. and Christine Williams-Timme (2003), Ã¢â‚¬Å“The Real Cost of
Holding Inventory,Ã¢â‚¬Â Supply Chain Management Review, Vol. 7, No. 4, pp. 30-37.
The real cost of holding inventory is very important, because we talked about
how saving money in inventory will directly affect the bottom line. If the company does
not know how to calculate the real cost, it will influence how much profit they really
have, and could also affect the way the companies make decisions. The most accurate
way to calculate total cost of holding inventory is by adding total inventory noncapital
carrying cost and the inventory capital charge, which many companies tend to
When calculating the inventory noncapital carrying costs, companies can
miscalculate the percentage by up to nine percent. Many times companies will ignore
the benefits of reducing inventory through noncapital carry cost because they do not
have actual evidence of how much they have saved. Since they do not know the actual
cost, important projects could be denied due to their lack of knowledge. Therefore,
when making the calculation for inventory noncapital carrying costs, companies should
focus on obsolescence, insurance, and taxes. The main reasons for this are because
these cost are variable, obtaining this data is readily available, and they do not require
fixed overhead cost to be allocated.
The next calculation, which commonly has errors, is the inventory capital charge.
When calculating cost of capital, using the risk of inventory is important. Holding
inventory is risky because there is a chance of obsolescence and lower prices or
demands. The opportunity cost of holding inventory is often understated. Micron
technology had to write off $174 million and Cisco systems had to write $2.2 billion
dollars of their inventory to be worthless because of obsolescence. Sometimes
companies try to use a short-term borrowing rate or short-term investment rate instead
of using the weighted average cost of capital. Using a short-term investment rate or a
short term borrowing rate is not accurate in determining cost of capital because it
ignores the risk and return principle. So using the weighted average cost of capital to
determine the inventory capital charge is a more effective way of calculating a more
accurate percentage. It includes the companyÃ¢â‚¬â„¢s capital structure and debt capacity.
This part of the equation has become necessary because many companies have a
large portion of its cost in inventory.
Calculating a more accurate percentage can help companies with transportation
decisions. If the better approach to calculating the real holding cost were used, a
company that has a 25 percent total inventory cost and wants to lower the inventory by
20 percent, the benefit they will receive is 5 million compared to 3 million with a 15
percent inventory cost measurement. Transportation is usually about 4 percent of sales
so the difference represents about 7 percent of transportation costs. Companies can
also benefit with making decisions on networking and sourcing by using a more precise
measurement of total cost.
If the supply chain management professionals estimate a better total cost of
holding inventory, they can learn new ways to manage their inventory and accept
projects that will help their companies grow. If they use the weighted average cost of
capital many of the costs will seem higher but it will significantly reduce other costs.
With this information, the company can make better decisions in the long run.
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