8. Consider a supply chain where a mamufacturer sells to a distributor who sells to a wholesaler who sells to a retailer. Last month, the retailer's weekly variance of demand was 4000 units. The weekly variance of orders was 5000; 8000; 12,000; and 17,000 units for the retailer, wholesaler, distributor, and mamufacturer, respectively. (Note that the variance of orders equals the variance of demand for that firm's supplier.) (8 Points) a) Calculate the bullwhip measure for the retailer. b) Calculate the bullwhip measure for the wholesaler.
8. Consider a supply chain where a mamufacturer sells to a distributor who sells to a wholesaler who sells to a retailer. Last month, the retailer's weekly variance of demand was 4000 units. The weekly variance of orders was 5000; 8000; 12,000; and 17,000 units for the retailer, wholesaler, distributor, and mamufacturer, respectively. (Note that the variance of orders equals the variance of demand for that firm's supplier.) (8 Points) a) Calculate the bullwhip measure for the retailer. b) Calculate the bullwhip measure for the wholesaler.
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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