The bullwhip effect - Study guides, Study notes & Summaries

bullwhip effect : a distribution channel phenomenon in which forecasts yield supply chain inefficiencies. It refers to increasing swings in inventory in response to shifts in customer demand as you move further up the supply chain vendor managed inventory : A means of optimizing Supply Chain performance in which the manufacturer is responsible for maintaining the distributor's inventory levels. The manufacturer has access to the distributor's inventory data and is responsible for ge...

SCM 300 Exam 2 ASU Davilla With 100% Correct And Verified Answers Bullwhip affect + causes - Correct 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 - Correct Answer-- when demand exceeds supply manufacturers - customers order extra to compensate for perceived need - they cancel extra nee...

Bullwhip affect + causes Ans: 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 Ans: - 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) Ratio...

WGU C215 Operations Management Question and answers rated A+ 2024 WGU C215 Operations Management Advertising revenue model - correct answer Provides users with information on services and products and provides an opportunity for suppliers to advertise Affiliate revenue model - correct answer Companies receive a referral fee for directing business to an affiliate Appraisal cost - correct answer The cost associated with uncovering defects Automated order entry systems - correct ...

APIC CSCP Module 1 Questions and Answers 100% Pass What would be the best tool to use to balance a set of complex priorities for a supply chain that includes cost minimization, resilience, and time to market? Operations research A design engineer is creating a product that conforms to customer needs according to market research. Which of the following is the most important secondary design element that the engineer should include in the design? It can be sold for a positive return. ...

Solution Manual For Principles of Supply Chain Management A Balanced Approach, 6th Edition by Joel Wisner, Keah-Choon Tan, G. Keong Leong-1. Define the term supply chain management in your own words and list its most important activities. Answers: The Supply-Chain Council’s definition of supply chain management is ―managing supply and demand, sourcing raw materials and parts, manufacturing and assembly, warehousing and inventory tracking, order entry and order management, distribution a...

Bullwhip effect : Information (orders) going back through the supply chain are distorted and amplified How to improve the supply chain : Communication and cooperation, and shorten lead times (allows faster response) On-shoring : Local production near demand; reduces costs, length of lead times, and variability of lead times; easier to identify local needs; lead to the perception of keeping jobs local 2 | P a g e Supply Chain : A network of facilities that procure raw materials , ...

ASCM CSCP APICS Exam Questions & Answers 2024/2025 Active Tag - ANSWERSA radio frequency identification tag that broadcasts information and contains its own power source. See: Radio Frequency Identification Advanced Planning and Scheduling (APS) - ANSWERSTechniques that deal with analysis and planning of logistics and manufacturing during short, intermediate, and long-term time periods. APS describes any computer program that uses advanced mathematical algorithms or logic to perform ...

ISDS 3001 Final Exam Questions and Correct Answers Outsourcing is a form of specialization that allows the outsourcing firm to focus on its key success factors. T/F - Answer-True A fast-food retailer that acquired a spice manufacturer would be practicing backward integration. T/F - Answer-True What is the practice of keeping a product generic as long as possible before customizing? A.backward integration B.vendor-managed inventory C.forward integration D.keiretsu E.postponement ...

SCM 300 Module 6 Exam 2 DAVILA ASU Arizona State University - Question and answers 100% correct 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...