Which of the following will have lesser bullwhip effect in a supply chain? a)Supply Chain co-ordination b)Opening more stocking points closer to the point of consumption c)Empowering the lower echelons of the inventory to take decisions on fulfilling the demand d)All of the above

Which of the following will have lesser bullwhip effect in a supply chain? a)Supply Chain co-ordination b)Opening more stocking points closer to the point of consumption c)Empowering the lower echelons of the inventory to take decisions on fulfilling the demand d)All of the above

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Description: Which of the following will have lesser bullwhip effect in a supply chain?a)Supply Chain co-ordinationb)Opening more stocking points closer to the point of consumptionc)Empowering the lower echelons of the inventory to take decisions on fulfilling th

Purchasing and Supply Chain Management

6th Edition

ISBN:9781285869681

Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Publisher:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Chapter16: Lean Supply Chain Management

Section: Chapter Questions

Problem 10DQ: The chapter presented various approaches for the control of inventory investment. Discuss three...

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Describe vendor-managed inventory (VMI). How is it related to outsourcing?
Over t he past 5 weeks, dema nd for wine atWinston's Winery has averaged 1,890 bottles, and the varianceof demand has been 793,000 bottles. Winston has ordered anaverage of l ,900 bottles per week over that time period, with avariance of orders of I ,805,000 bottles.a) What is the bullwhip measure for glass bottles for Winston's Winery?b) Is Winston's Winery providing an amplify ing or smoothing effect?
1. Which of the following costs do not come under inventory carrying cost calculation? a) Investment in a software for updating stock position online b) Investment in stores space c) Salaries of procurement personnel d) Cost of maintaining the inventory stocks 2. Which of the following will have lesser bullwhip effect in a supply chain? a) Supply Chain co-ordination b) Opening more stocking points closer to the point of consumption c) Empowering the lower echelons of the inventory to take decisions on fulfilling the demand d) All of the above 3. What is the effect of delayed differentiation strategy? a) The number of variants offered will be reduced b) The inventory carrying costs will come down c) Production Planning and Control will become more difficult d) Bullwhip effect will be more pronounced
Supply Chain Coordination problem Zamatia makes sunglass at a cost of $35 and sells them to UmbraVisage (UV) for $75. UV sells them for $115 and salvages left over inventory for $25 per unit. Demand is Normal with mean 250 and standard deviation 125. a. What should be the optimal ordering quantity for UV? b. What is the total supply chain profit (UV & Zamatia) given the ordering quantity computed in a? c. What should be the optimal ordering quantity to maximize the total supply chain profit (UV and Zamatia)?
1)Which of the following will have lesser bullwhip effect in a supply chain? A)Supply Chain co-ordination B)Opening more stocking points closer to the point of consumption C)Empowering the lower echelons of the inventory to take decisions on fulfilling the demand D)All of the above 2)What is the effect of delayed differentiation strategy? A)The number of variants offered will be reduced B)The inventory carrying costs will come down C)Production Planning and Control will become more difficult D)Bullwhip effect will be more pronounced 3)What changes can you envisage in economic order quantity based planning when the demand for the item increases by 5%? A)The economic order quantity will come down by √(5%) B)The carrying cost will increase by 1/ √(5%) C)The total cost of the plan will go up by √(5%) D)The total cost of the plan will go up by 5%
A firm orders a number of items from a regional warehouse every 2 weeks. Deliverytakes 1 week. Average demand is 200 units per week, and safety stock is held at2 weeks’ supply.a. Calculate the target level.b. If 600 units are on hand, how many should be ordered?
Barangay Punta Princesa is trying to decide between two alternative order plans for its inventory of face masks. Irrespective of the plan to be followed, demand for the item is expected to be 1,000 units annually. Under Plan A, Barangay Punta Princesa through their purchasing officer is using a digital platform for ordering: order costs would be Php 40 per order. Inventory holding costs (carrying costs) would be Php 100 per unit per annum. Under Plan B order costs would be Php 30 per order. And holding costs would 20% and unit cost is Php 480. Find out EOQ and Total Inventory cost, then come up with your decision which plan would result in the lowest total inventory cost?
Discuss Positioning inventory in supply chain giving relevant examples
Barangay Punta Princesa is trying to decide between two alternative order plans for its inventory of face masks. Irrespective of the plan to be followed, demand for the item is expected to be 1,000 units annually. Under Plan A, Barangay Punta Princesa through their purchasing officer is using a digital platform for ordering: order costs would be Php 40 per order. Inventory holding costs (carrying costs) would be Php 100 per unit per annum. Under Plan B order costs would be Php 30 per order. And holding costs would 20% and unit cost is Php 480. Find out EOQ and Total Inventory cost, then come up with your decision which plan would result in the lowest total inventory cost? can you answer this asap?