Bullwhip effect Samenvattingen, Aantekeningen en Examens

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 ...

Which of the following security threats would be considered social engineering? a. Viruses b. Phishing c. Sabotage d. Spyware e. Theft - Answer- B. Phishing If you would like to refer to cell "A1" in a worksheet named "TICKER" in Excel from a different worksheet, what would be the correct expression? A. "A1@TICKER" B. "TICKER$A1" C. "TICKER!A1" D. "TICKER@A1" E. "A1!TICKER" - Answer- C. "TICKER!A1" Language and values are aspects related to what type of Globali...

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...

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 ...

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. ...

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 ...

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...

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...

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 controlling sources of raw materials and components. Benchmarking Stu...

SCM test 1: Questions and answers, graded A+ WHY SUPPLY CHAIN MANAGEMENT? - -Increased Complexity of Products (diversity) Increased Competition competing for Market Increased Complexity of Supply Chain Network Increased Innovation in Products Benefit of Best in Class Time to Market Globalization Supply Chain Mgmt controls 90% of COGS SUPPLY CHAIN TIERS - -3rd Tier Customer 2nd Tier Customer- However, with time and successful initial results, many firms are extending the boundaries of...