Bullwhip Samenvattingen, Aantekeningen en Examens

Which of the following is (are) the most accurate explanation(s) for what truly drives the economy? : Gross Output (GO) Producers Consumers are not the primary driver of the economy, but Gross Domestic Product is commonly cited as evidence that they are. : True Producers are the primary driver of the economy, and Gross Output clearly demonstrates this fact : True Amazon is an example of : Fulfillment Center Trust is easy to build and hard to destroy. : False The customer is upst...

Supply-chain debrief: What caused people to act the way they did? and what did this lead to? (2) - ️️Lack of communication / cooperation , leading to the guessing of customer demand which led to arbitrary ordering decisions and the result is the bullwhip effect long lead time, could've been even longer if the supplier had no inventory what is the "bullwhip" effect? - ️️information (orders) going back through the supply chain is distorted and then amplified Supply-chain debri...

Supply-chain debrief: What caused people to act the way they did? and what did this lead to? (2) : Lack of communication / cooperation , leading to the guessing of customer demand which led to arbitrary ordering decisions and the result is the bullwhip effect long lead time, could've been even longer if the supplier had no inventory what is the "bullwhip" effect? : information (orders) going back through the supply chain is distorted and then amplified Supply-chain debrief: 2 | P a...

During the SCM Exercise Graph Commonalities - correct answer Fluctuations, amplification, and a time lag between the retailer to the factory Beer Game Average - correct answer 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? - correct answer 1) Lack of communication/cooperation - guessing of the customer demand-->arb...

MIS 301 final Question and answers correctly solved 2024 What is supply chain? - correct answer sequence of processes involved in the production and distribution of a commodity What is disintermediation? - correct answer reduction in the use of intermediaries between producers and consumers What is bullwhip effect? How do you stop the bullwhip effect? - correct answer increasing swings in inventory in response to shifts in customer demand as one moves further up the supply chain l...

SCM 300 Davilla Exam 2 ASU DAVILA ASU SCM 300 Arizona State University - Question and answers rated A+ 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 fo...

Total Quality Management (TQM) Philosophy - Answer 1. customer focus 2. continuous improvement 3. employee empowerment 4. use of quality tools 5. product design 6. process management 7. managing supplier quality Process Capability Index (Cpk) - Answer Basic function of Six Sigma. Measures the process potential and performance of processes. The higher the range of Cpk, the improved is the ability of the process to complete its necessities. Six Sigma - Answer A disciplined, data-driven...

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...

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 ...

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...