Bullwhip effect Study guides, Class notes & Summaries

SCM 300 Module 6 Exam 2 DAVILA ASU Arizona State University - Question and answers 100% correct Recap of supply chain basics - correct answer Focus on People, Competitive Priorities, Measuring Success, Maximizing Value, Productivity Bullwhip effect - correct answer very high and very low supply levels 4 causes of bullwhip effect - correct answer 1. Poor forecasting, Poor analysis, Poor communication 2. Order Batching - Trying to place large orders 3. Price Fluctuations - Promotions...

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. ...

WGU C215 Study Guide – FINAL with correct answers 2023 (New Questions) Total Quality Management (TQM) Philosophy - correct 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) - correct 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...

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...

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...

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...

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...

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...