Consider the supply chain illustrated below:ManufacturerDistributorWholesalerRetailerLast year the retailer's weekly variance of demand was 190 units. The variance oforders was 490, 610, 730, and 1,320 units, for the retailer, wholesaler, distributor,and manufacturer, respectively. (Note that the variance of orders equals the varianceof demand for that firm's supplier.)a) The bullwhip measure for the retailer isdecimal places.)b) The bullwhip measure for the wholesaler istwo decimal places.)(Enter your response rounded to two(Enter your response rounded toc) The bullwhip measure for the distributor is ☐. (Enter your response rounded totwo decimal places.)d) The bullwhip measure for the manufacturer istwo decimal places.)e) In this supply chain, thebullwhip effect.(Enter your response rounded toappears to be contributing the most to the

Bullwhip effects starts from the retailer and goes upto manufacturer. It is variance of orders that…

Answered: Consider the supply chain illustrated…

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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Adelie Enterprises has decided to dropthe international supplier from consideration. Furthermore,Adelie has decided to order boxes in lots of 10,000 to op-timize the use of available storage space at its distributionfacility. To more completely consider the cost/volume trad-eoffs associated with selecting the local or national supplier,management has collected the following data. Adelie servicesits customers 250 days per year. a. On purely a total cost basis, which supplier should beselected if there is low demand for Adelie’s new service;which supplier should be selected under moderatedemand assumptions; and which supplier should beselected under high demand?b. Which supplier achieves the lowest expected cost ifthe probability of low demand is 35 percent, moderatedemand is 45 percent, and high demand is 20 percent?
If the company in #8 uses exponential smoothing (smoothing factor = .6) and the forecast for the year is the figure they use for EOQ calculations, calculate the EOQ using the following information: The cost of ordering and carrying cost % are the same as #7 Cost of ordering: $25 Carrying costs: 45% Starting with 2018, Forecast the 2020 demand using exponential smoothing and then use that forecast as the annual demand. year sales 2017 1,000,000 2018 1,200,000 2019 2,000,000 2020
Describe what kind of challenges of supply chain management comes from dealing with the mixed kinds of multiechelon inventory system?
Which of the following are likely to be symptoms of the bullwhip effect in a supplychain comprised of consumers, a retailer, a wholesaler, and a factory?I. Variability of orders from the retailer to the wholesaler is higher than variability oforders from the wholesaler to the factory.II. Variability of orders from the wholesaler to the factory is lower than the variability inconsumer demand to the retailer.III. Variability in consumer demand is lower than the variability of orders from the retailerto the wholesaler.a. I only e. I and III but not IIb. II only f. II and III but not Ic. III only g. I, II, and IIId. I and II but not III
Find, describe, and draw a restaurant's supply chain and identify the types of inventory in it and if possible, there purpose and how it is monitored and controlled.
None
A pharmacist is trying to determine the inventory order and stock levels for a particular drug. The following information is available about the drug. Demand (D) 85 tablets/week Working weeks per year 52 weeks Unit holding cost per year (H) $6 Order cost (S) $44/order Standard deviation of weekly demand (sd) 15 tablets Lead time (L) 2 weeks Desired cycle service level 95% If the pharmacist uses the continuous review (Q) system to control the inventory of the drug, what would be the order quantity and reorder point? If the pharmacist uses the periodic review (P) system to control the inventory of the drug, what would be the review interval and target inventory level? (Hint: Use the EOQ model to derive the review interval P)
Describe the inventory models of stochastics? What is the use of when?
define the ABC approach to inventory management Several metrics can be used to identify an A-status:explain?
Retail customers expected BPS to keep their stores fully-stocked during critical selling seasons. To do that, BPS’s supply chain depended on its fleet of delivery trucks and tractors. During the recession, the company had delayed normal truck replacement to conserve cash flow. But recently the economy has is doing pretty well, and the VP-Operations recognized the fleet’s age was driving higher maintenance costs that ate into margins and sometimes impacted deliveries. The increasing fleet average age was driving growing maintenance costs, increased fuel costs, and a deteriorating retail image. BPS was also under pressure by one large customer to improve its environmental record, and the company was concerned they could lose this key customer if they continued to ignore the pressure. Further, the EPA had mandated new pollution control standards for the 2022 model year, which dramatically reduced tailpipe emissions. BPS’s older trucks and tractors did not use any of this clean technology.…
Which supply chain function would be responsible for negotiating with suppliers and purchasing inventory? O Logistics O Operations O Downstream O Reverse logistics O Procurement
Arrow Distributing Corp. likes to track inventory by using weeks of supply as well as by inventory turnover. Arrow Distributing Corp. Net Revenue $15,630 Cost of sales $12,190 Inventory $1,090 Total assets $8,770 a) What is its weeks of supply? weeks (round your response to two decimal places). b) What is Arrow's inventory turnover? times per year (round your response to two decimal places). c) Suppose a manufacturer has an inventory turnover of 13.5 times per year. Arrow's supply chain performance relative to the manufacturer's, as measured by inventory turnover, is

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