QUESTION 1 Which of the following statements regarding foreast sharing game is INCORRECT? Retailer only faces underage risk. Supplier faces both underage and overage risks. Suppliers tend to produce less than the supply chain optimal quantity. The retailer has to purchase at least the quantity it reports to the supplier. QUESTION 2 Assume that the firm can source from 2 faraway suppliers (each has Lead time = 4 months, capacity=60 k) and 2 Closeby suppliers (each Lead time =0 month, capacity=40k). The sales season starts in May. Which of the following statements regarding sourcing is INCORRECT? The production change should be only applied to the Closeby supplier so that the firm can benefit from the change in time. The production at the Faraway supplier should start in January and the production at Close-by supplier should start in May. The firm should source from a combination of one faraway supplier and one close-by supplier. The faraway supplier should produce a greater percentage of Model B that has uncertain demand.
QUESTION 1
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Which of the following statements regarding foreast sharing game is INCORRECT?
Retailer only faces underage risk.
Supplier faces both underage and overage risks.
Suppliers tend to produce less than the supply chain optimal quantity.
The retailer has to purchase at least the quantity it reports to the supplier.
QUESTION 2
Assume that the firm can source from 2 faraway suppliers (each has Lead time = 4 months, capacity=60 k) and 2 Closeby suppliers (each Lead time =0 month, capacity=40k). The sales season starts in May. Which of the following statements regarding sourcing is INCORRECT?
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The production change should be only applied to the Closeby supplier so that the firm can benefit from the change in time. |
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The production at the Faraway supplier should start in January and the production at Close-by supplier should start in May. |
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The firm should source from a combination of one faraway supplier and one close-by supplier. |
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The faraway supplier should produce a greater percentage of Model B that has uncertain demand. |
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