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SCM 300 Module 6 Exam 2 well answered to pass rated A+ $11.49   Add to cart

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SCM 300 Module 6 Exam 2 well answered to pass rated A+

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  • SCM 300
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  • SCM 300

SCM 300 Module 6 Exam 2 well answered to pass rated A+

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  • September 14, 2024
  • 5
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • SCM 300
  • SCM 300
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BravelRadon
SCM 300 Module 6 Exam 2

Recap of supply chain basics - correct answer ✔✔Focus on People, Competitive Priorities, Measuring
Success, Maximizing Value, Productivity



Bullwhip effect - correct answer ✔✔very high and very low supply levels



4 causes of bullwhip effect - correct answer ✔✔1. Poor forecasting, Poor analysis, Poor communication

2. Order Batching - Trying to place large orders

3. Price Fluctuations - Promotions, Quantity discounts, Special pricing/payment options...Can cause
batching

4. Rationing - Demand higher than supply. Promotes rationing on part of "distributor". "Retailers" may
get less than ordered.

5. Shortage Gaming - Retailers inflate order sizes to counteract rationing



5 methods for controlling the bullwhip effect - correct answer ✔✔everyday low pricing, vendor
management inventory systems, information sharing, develop strong buyer-supplier relationships, and
practicing lean manufacturing



Rocks and water analogy - correct answer ✔✔Rocks are the problem (Capacity levels, inventory)

Water is the service/supplier

Boat is unable to get through if water shrinks, due to rocks



Lean manufacturing - correct answer ✔✔goals: to minimize inventory (inventory is bad) and to eliminate
all types of waste: quality control



Keys to Lean manufacturing - correct answer ✔✔High Performance Quality, Consistent Quality, Quality
at the Source, Continuous Improvement, Poka-yoke(mistake proofing), Closer supplier ties, Small Lot
Sizes, Standardized components and work methods, Dedication to the workforce

, front-end - correct answer ✔✔visible to customer



back-end - correct answer ✔✔not visible to costumer



upstream - correct answer ✔✔in the direction towards the supplier



downstream - correct answer ✔✔in the direction towards the customer



obstacles of integration - correct answer ✔✔Poor communication, an unwillingness to share, and/or lack
of trust between supply chain partners



importance of supply chain integration - correct answer ✔✔The only way for supply chain partners to
achieve efffectiveness, efficiency, and adaptability



supply chain basics - correct answer ✔✔Focus on People, Competitive Priorities, Measuring Success,
Maximizing Value, Productivity



square root rule - risk pooling - correct answer ✔✔(square root of warehouses planned)

divided by

(square root of present # of warehouses)

times

(stock in the present warehouse)



postponement - correct answer ✔✔a combination of push and pull system. Delay the final assembly of
the end Item.

Allows some degree of customization and standardization. Speed and Customization



push system - correct answer ✔✔Inventory is "pushed toward the consumer in anticipation of consumer
demand

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