Bullwhip Samenvattingen, Aantekeningen en Examens
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ETS MFT BUSINESS EXAM | Answered Correctly! Summer 2022-23.
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ETS MFT BUSINESS EXAM 
 
The principal difference between variable costing and absorption costing centers on: 
 
a) whether variable manufacturing costs should be included as product costs 
 
b) whether fixed manufacturing costs should be included as product costs 
 
c) whether fixed manufacturing costs and fixed selling and administrative costs should be included as product costs 
 
d) none of these. 
 
General Bikes is debating which marketing research options to employ. The traditional p...
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MKTG 372- Chapter 10 (A+ Graded Already)
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Information distortion is exaggerated by the fact that 
A) supply chains today produce a large amount of product variety. 
B) supply chains today produce a small amount of product variety. 
C) the telephone effect is extreme in situations where technology is in use. 
D) different stages of supply chains send excessive data. Correct Answer: A 
 
The situation in which fluctuations in orders increase as they move up the supply chain from retailers to wholesalers to manufacturers to suppliers is kn...
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POM Final Questions and Answers | New One | Grade A+
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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 ...
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OPMA 317 FINAL EXAM QUESTIONS AND ANSWERS RATED A
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OPMA 317 FINAL EXAM QUESTIONS AND ANSWERS RATED 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 order...
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ASCM CSCP APICS Exam Questions & Answers 2024/2025
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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 ...
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OPMA 317 Final Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+
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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...
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ISDS 3001 Final Exam Questions with Correct Answers
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ISDS 3001 Final Exam Questions with 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 - A...
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APIC CSCP Module 1 Questions and Answers 100% Pass
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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. 
...
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OPMA 317 Final Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+
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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 , ...
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DAY 23 - Echelon Inventory, Push Pull Strategy (A+ Graded Already)
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What are echelons and echelon inventory? correct answers echelon inventory at any stage or level of the system equals the inventory on hand at the echelon, plus all downstream inventory (closer to the customer) 
 
a single decision maker whose objective is to minimize the system wide cost 
 
the decision maker has access to inventory information at each of the retailers and at the warehouse 
 
How do you calculate the reorder point with echelon inventory? correct answers with the same formula fo...
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