Bullwhip effect - Study guides, Class notes & Summaries

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...

SCM 300 DAVILLA EXAM 2 ASU LATEST UPDATE Bullwhip affect + causes - 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 - - 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...

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...

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...

The bullwhip effect - ️️The increasing fluctuation in orders that often occurs as orders move through the supply chain. The bullwhip effect occurs as orders are relayed from retailers, to distributors, to wholesalers, to manufacturers, with fluctuations increasing at each step in the sequence. The bullwhip fluctuations in the supply chain increase the costs associated with inventory, transportation, shipping, and receiving, while decreasing customer service and profitability. Blanket o...

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...

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...

QDM Final Exam Questions And Answers 2024 Solutions What raw material do you think the camera lens in your mobile phone is made from? ANS Potassium and lead silicates What is it called when uncertainty and miscommunication among the players in a supply chain cause over-reactions resulting in sub-optimal results. ANS The Bullwhip Effect When is the many supplier strategy more appropriate? ANS When purchasing a less critical product or service from a market that has a number of qualified...

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...

Part A: Case study – Pedego Electric Bikes Part A of this TMA will be marked out of 75 marks. Your answer to this question should be no more than 1500 words. Read through the case study and answer the following questions: 1. Using appropriate concepts and theories from Block 2, Sessions 3 and 4, identify and discuss three main threats and three main opportunities that should be considered by Pedego Electric Bikes in managing their operations with global suppliers and customers. (25 mark...