SCM 300 Davilla Exam 2 ASU Study Guide With Accurate Solutions.

SCM 300 Davilla Exam 2 ASU Study Guide With Accurate Solutions. Bullwhip affect + causes - answerthe 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 - answercollaborating, planning, forecasting, rescheduling bullwhip effect - answerThe 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 - answerCustomers Corporate - owners, managers, employees Line waiting stakeholder costs - answertime 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 - answercustomer wants what you have but they get scared away by the line Reneging - answerget 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 - answermean service rate λ/μ = p - answeraverage 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