2 WeekRetailerManufacturerSupplier1105210630105321042042102905801,4206.2907420840420 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 2weeks, 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 ordersplaced 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 firmsfurther 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.)

Formula- Bullwhip measure = Variance of OrderVariance of Demand

Answered: Week Retailer Manufacturer Supplier 1…

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 2 105 3 210 420 4 210 290 580 1,420 6. 290 7 420 840 8 420