SCM 300 Davilla Exam 2 ASU
Learn 1 /6 Study with Learn
- 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)
Choose an answer
1 Bullwhip affect + causes 2 λ
3 bullwhip effect 4 Shortage Gaming
Don't know?
Terms in this set (81)
, the effect of unplanned repetitive change in demand felt across
the supply chain. From distributor to supplier
Bullwhip affect + causes
- can cause: negative effects on cost of labor and materials,
lowers customer service, leaves over supply of stock
- when demand exceeds supply manufacturers
- customers order extra to compensate for perceived need
Shortage Gaming
- they cancel extra need leaving extra supply and no demand
( need to view supply history to avoid this)
Rationing - rationing a certain supply, causes Shortage gaming
- Increase revenues globally
Why go global
- Decrease costs globally
CPFR collaborating, planning, forecasting, rescheduling
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.
bullwhip effect 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
Customers
Line waiting stakeholders
Corporate - owners, managers, employees
Line waiting stakeholder costs time and money (your time, your employees time)
- 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:
Electronic Manufacturing
-Fast start
Services
-strong start
-low cost
-flexible volume amounts
Cons:
Purchasing Agreements
customer wants what you have but they get scared away by the
Balking
line
get in line, then decided the line is too long or get frustrated, get
Reneging
out of line
Psychological Variables of - free stuff
lines - idle employees
λ = mean arrival rate
µ mean service rate
Learn 1 /6 Study with Learn
- 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)
Choose an answer
1 Bullwhip affect + causes 2 λ
3 bullwhip effect 4 Shortage Gaming
Don't know?
Terms in this set (81)
, the effect of unplanned repetitive change in demand felt across
the supply chain. From distributor to supplier
Bullwhip affect + causes
- can cause: negative effects on cost of labor and materials,
lowers customer service, leaves over supply of stock
- when demand exceeds supply manufacturers
- customers order extra to compensate for perceived need
Shortage Gaming
- they cancel extra need leaving extra supply and no demand
( need to view supply history to avoid this)
Rationing - rationing a certain supply, causes Shortage gaming
- Increase revenues globally
Why go global
- Decrease costs globally
CPFR collaborating, planning, forecasting, rescheduling
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.
bullwhip effect 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
Customers
Line waiting stakeholders
Corporate - owners, managers, employees
Line waiting stakeholder costs time and money (your time, your employees time)
- 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:
Electronic Manufacturing
-Fast start
Services
-strong start
-low cost
-flexible volume amounts
Cons:
Purchasing Agreements
customer wants what you have but they get scared away by the
Balking
line
get in line, then decided the line is too long or get frustrated, get
Reneging
out of line
Psychological Variables of - free stuff
lines - idle employees
λ = mean arrival rate
µ mean service rate
