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SCM 300 Davilla Exam 2 ASU Questions and Answers
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SCM 300 Davilla Exam 2 ASU Questions and Answers
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SCM 300 Davilla Exam 2 ASU Questionsand Answers
Bullwhip affect + causes - Answer -the effect of unplanned repetitive change in demand
felt across the supply chain. From distributor to supplier
- can cause: negative effects on cost of labor and materials, lowers customer service,
leaves over supply of stock
Shortage Gaming - Answer -- when demand exceeds supply manufacturers
- customers order extra to compensate for perceived need
- they cancel extra need leaving extra supply and no demand
( need to view supply history to avoid this)
Rationing - Answer -- rationing a certain supply, causes Shortage gaming
Why go global - Answer -- Increase revenues globally
- Decrease costs globally
CPFR - Answer -collaborating, planning, forecasting, rescheduling
bullwhip effect - Answer -The bullwhip effect is a supply chain phenomenon where fairly
stable demand results in a proliferation in the amount of inventory that is carried as one
travels upstream in the supply chain.
retail store needs to worry about customer inventory
distributor - has to worry about customer and retial store
and so on... amplification of inventory from one supply chain to the next
Line waiting stakeholders - Answer -Customers
Corporate - owners, managers, employees
Line waiting stakeholder costs - Answer -time and money (your time, your employees
time)
, Electronic Manufacturing Services - Answer -- One manufacturer that makes a shit ton
of electronics
- you don't have to buy most of the parts yourself
- You don't have to build the infrastructure
Advs:
-Fast start
-strong start
-low cost
-flexible volume amounts
Cons:
Purchasing Agreements - Answer -
Balking - Answer -customer wants what you have but they get scared away by the line
Reneging - Answer -get in line, then decided the line is too long or get frustrated, get out
of line
Psychological Variables of lines - Answer -- free stuff
- idle employees
λ - Answer -= mean arrival rate
µ - Answer -mean service rate
λ/µ = p - Answer -average server utilization in system
VMI - Answer -- Vendor Managed Inventory
- What Michael Duarte Used to do
- Inventory planning and replenishment system where supplier (vendor) accepts
negotiated
responsibilities that typically include monitoring and restocking. [vendor takes care of
motioning and restocking]
VMI Issues - Answer -- people incompatibility
- IT incompatibility
- a lot of prenegotiation
scan based trading - Answer -- suppliers own the stuff until it is sold. If and when it is
sold they pay something to the store.
Chargeback - Answer -- Charge vendors for making supply chain mistakes
- encourages better SCs
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