Bullwhip effect Samenvattingen, Aantekeningen en Examens

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...

Advertising revenue model - correct answerProvides users with information on services and products and provides an opportunity for suppliers to advertise Affiliate revenue model - correct answerCompanies receive a referral fee for directing business to an affiliate Appraisal cost - correct answerThe cost associated with uncovering defects Automated order entry systems - correct answerA method using telephone models to send digital orders to suppliers. Backwards integration - correct ...

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 , ...

CIS 235 Final Exam Questions With 100% Correct Answers What are the 4 phases of Customer Life Cycle? Do you know the order of the phases? - answerMarketing Customer acquisition Relationship management Loss/Churn How does CRM work along Customer Lifecycle? - answerEvery contact and transaction with the customer is recorded in the CRM database. What are the CRM components that are used for solicitation/lead tracking and relationship management? - answerLead Management Application (Market...

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...

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...

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...

MAR 3203 UCF Exam 4 Questions & Answers 2024/2025 Supply Chain Management (SCM) - ANSWERSthe coordination of all supply chain activities, starting with raw materials and ending with a satisfied customer. make or buy decision - ANSWERSa decision concerning whether an item should be produced internally or purchased from an outside supplier Outsourcing - ANSWERSobtain (goods or a service) from an outside or foreign supplier, especially in place of an internal source. Vertical Integrat...

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...

12 key logistics activities - transportation, storage, industrial packaging, materials handling, inventory control, order fulfillment, demand forecasting, production planning and scheduling, procurement, customer service, plant and warehouse site location, others 15-20% of retail customers account for how much of sales? - 70-80% 2 major studies that transformed supply chain - NEED DETAILS - 1) grocery manufacturers association 2) supply chain council 4 P's of Marketing - Product, Price, P...