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Business
Operations Management
Week Retailer Manufacturer Supplier 1 105 210 630 2 105 3 210 420 4 210 290 580 1,420 6. 290 7 420 840 8 420

Week Retailer Manufacturer Supplier 1 105 210 630 2 105 3 210 420 4 210 290 580 1,420 6. 290 7 420 840 8 420

Practical Management Science
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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Week Retailer Manufacturer Supplier 1 105 210 630 105 3 210 420 4 210 290 580 1,420 6. 290 7 420 840 420
Transcribed Image Text:Week Retailer Manufacturer Supplier 1 105 210 630 105 3 210 420 4 210 290 580 1,420 6. 290 7 420 840 420
Consider a three-firm supply chain consisting of a retailer, manufacturer, and supplier. The retailer's demand over an 8-week period was 105 units each of the first 2 weeks, 210 units each of the second 2 weeks, 290 units each of the third 2 weeks, and 420 units each of the fourth 2 weeks. The following table presents the orders placed by each firm in the supply chain. Notice, as is often the case in supply chains due to economies of scale, that total units are the same in each case, but firms further up the supply chain (away from the retailer) place larger, less frequent, orders. Click the icon to view the orders placed by each firm in the supply chain. Click the icon to view the ways of calculating the variance. a) What is the bullwhip measure for the retailer? The bullwhip measure for the retailer is (Enter your response rounded to two decimal places.)
Transcribed Image Text:Consider a three-firm supply chain consisting of a retailer, manufacturer, and supplier. The retailer's demand over an 8-week period was 105 units each of the first 2 weeks, 210 units each of the second 2 weeks, 290 units each of the third 2 weeks, and 420 units each of the fourth 2 weeks. The following table presents the orders placed by each firm in the supply chain. Notice, as is often the case in supply chains due to economies of scale, that total units are the same in each case, but firms further up the supply chain (away from the retailer) place larger, less frequent, orders. Click the icon to view the orders placed by each firm in the supply chain. Click the icon to view the ways of calculating the variance. a) What is the bullwhip measure for the retailer? The bullwhip measure for the retailer is (Enter your response rounded to two decimal places.)
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