Bullwhip effect - Study guides, Class notes & Summaries

WGU C215 Operations Management Questions and Answers Already Passed Advertising revenue model Provides users with information on services and products and provides an opportunity for suppliers to advertise Affiliate revenue model Companies receive a referral fee for directing business to an affiliate Appraisal cost The cost associated with uncovering defects Automated order entry systems A method using telephone models to send digital orders to suppliers. Backwards integration Owning or cont...

Purchase vs Product Order Flow - correct answer Upstream vs. Downstream What happens to fluctuations and why? - correct answer Fluctuations are amplified due to a time lag Beer Game: What caused people to act the way they did - correct answer Lack of communication/cooperation and long lead times Bullwhip Effect - correct answer Information going back through the supply chain is distorted and then amplified. Members of the supply chain overreact to changes in demand. How does ...

SCM 300 DAVILLA EXAM 2 ASU LATEST UPDATE Bullwhip affect + causes - 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 - - when demand exceeds supply manufacturers - customers order extra to compensate for perceived need - they cancel extra need leaving extra supply and no demand (...

During the SCM Exercise Graph Commonalities : Fluctuations, amplification, and a time lag between the retailer to the factory Beer Game Average : Everyone averaged around the same even though some came from different backgrounds yet the players control the game, you can't blame customer demand What caused people to act the way they did during the beer game? : 1) Lack of communication/cooperation - guessing of the customer demand-->arbitrary ordering RESULT: BULLWHIP EFFECT 2 | P a ...

During the SCM Exercise Graph Commonalities - ️️Fluctuations, amplification, and a time lag between the retailer to the factory Beer Game Average - ️️Everyone averaged around the same even though some came from different backgrounds yet the players control the game, you can't blame customer demand What caused people to act the way they did during the beer game? - ️️1) Lack of communication/cooperation - guessing of the customer demand-->arbitrary ordering RESULT: BULLWHIP...

WGU C215 Operations Management Exam Prep (Latest 2024/ 2025 Update) | Final Exam Questions and Verified Answers| 100% Correct| Grade A Q: The expected proportion of defective items that will be passed to the customer under the sampling plan. Answer: Average outgoing quality (AOQ) Q: unfilled customer orders Answer: Back orders Q: Delaying delivery to the customer until the item becomes available. Answer: Back-order Q: Owning or controlling sources of raw...

SCM Final Exam UPDATED Exam Questions and CORRECT Answers Supply chain coordination requires each stage of the supply chain to take into account the impact its actions have on other stages. - CORRECT ANSWER- True With an uncoordinated supply chain each stage tries to maximize its own profits, resulting in actions that often increase total supply chain surplus. - CORRECT ANSWER- False The bullwhip effect results in improved supply chain coordination. - CORRECT ANSWERFalse The bullwhip ...

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...

The suppliers in a supply chain are referred to as ______________ supply chain members. A. downstream B. midstream C. upstream D. None of these answer choices is correct. Ans: c Distributors, warehouses, and retailers are referred to as _____________ supply chain members. A. downstream B. upstream C. procurement D. None of these answer choices is correct. Ans: a The purchasing of goods and services from suppliers is called A. sourcing. B. offshoring. C. procurement. D. None of ...