Bullwhip Samenvattingen, Aantekeningen en Examens

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...

Bullwhip affect + causes Ans: 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 Ans: - 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) Ratio...

OPMA 317 Final Latest 2023 Already Passed What caused people to **** up in the beer game bullwhip effect Bullwhip Effect Information (orders) going back through the supply chain is distorted and then amplified How does a long lead time affect decision making panic - when inventory does not instantly arrive and solve your growing backlog, you panic and order even more What are the business implications of the supply chain structure? (5) Stock outs at times Excess inventory at times Overtime c...

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. ...

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...

Exam One Supply Chain Management, Questions and answers, rated A+ What is Supply Chain Management (SCM)? - -is the design and management of flows of products, information, and funds throughout the supply chain What is the name for the many different trading partners involved in a typical supply chain? - - stages Suppliers, Producers, Wholesalers/Distributors, Retailers, and Customers are examples of what? - - stages of the supply chain Coordination: SCM Activities - -coordinate the move...

Feature a set of integrated software modules and a central database that enables data to be shared by many different business processes and functional areas through the enterprise - Enterprise system Network of organizations and business processes for producing raw materials, transforming these materials into intermediate and finished products and distributing raw finished products to customers - Supply chain management Information about the demand for a product gets distorted as it passes...

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...

SCM 300 Exam 2 Questions with All Answers Packaging Considerations - Answer-Packaging Trade-offs -Protection, weight, cost, consumer safety, marketing Packaging Considerations -Destination -Logistics Itinerary -Legal Consideration -Economic Types of packaging - Answer-Industrial Packaging -Pallets, Slip Sheets, Supplier to Manbufacturer, Inter-Plant Handling Consumer Packaging -Cans, Bottles Shrink Wrap, Boxes Reusable Packaging Pearson and Fawcett supply roller bearings for ...