In the rationing game which supply chain partners is most likely to ration the supply to its customers. a. Distributor b. Manufacturer and Supplier O c. Third party logistics (3PL) company d. Manufacturer and Distributor e. Wholesaller
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- 1.Upstream supply chain members are A. retailers B. manufacturers C. end-use customers D. suppliers 2.The integrated group of business processes that form a supply chain are A. marketing, manufacturing and finance B. procurement, production and distribution C. manufacturing and service D. demand, value, and quality 3.The bullwhip effect occurs when A. slight to moderate demand variability becomes magnified as demand information is transmitted back upstream. B. slight to moderate demand variability becomes magnified as supply information is transmitted back upstream. C. slight to moderate demand variability becomes magnified as demand information is transmitted back downstream. D. slight to moderate demand variability becomes magnified as supply information is transmitted back downstream. 4.The key element in achieving supply chain integration is A. quality management B. ISO certification C. information technology D. EDI 5.A disadvantage of RFID technology that has hindered its…Which supply chain function would be responsible for negotiating with suppliers and purchasing inventory? O Logistics O Operations O Downstream O Reverse logistics O ProcurementBriefly and exactly explain how does the inventory management impacts the performance of the supply chain .
- 2) What is the main objective of a supply chain? A) Minimizing supply chain transportation costs B) Minimizing lead times C) Maximizing overall value generated D) Maximizing on-time delivery E) None of the above33- Which one of the following is a reason for a stock out situation for a retailer? a. Consumer demand remains unchanged b. Price of the product increases c. More lead time taken by the supplier d. There is buffer stock with the retailerWhich of the following descriptions best describe the role of a supply chain? Select one: a. The role varies based on the nature of the environment, but can include sourcing, production, marketing, sales, after-sales service, and the acceptance of risk and responsibility for the product. b. The logistics of an organization's distribution strategy. c. Physical distribution and payment collection. d. The role varies based on the nature of the environment, but can include physical ownership, payment collection, and the inclusion of after-sales service, but never involves risk or responsibility for the product.
- What are the differences between traditional supply chain model and supply chain 4.0 model?Rephrase the following supply chain thesis with synonyms.. According to Talib et al. (2011), total quality management (TQM) has been widely accepted as the management process that helps organizations within different sectors to deal with the rapid changes in business environment. Escrig-Tena (2004) recognized that TQM is an globally advanced approach to achieve better levels of quality products and services which, in turn, results in better organizational performance. However, reviewing recent TQM literature highlights two problematic issues regarding the relationship between TQM practices implementation and organizational performance: First, the differences between manufacturing and service organizations with respect to the effect of quality management practices on business performance (Rönnbäck and Witell, 2008). Yasin et al. (2004) and Gupta et al. (2005) noted that implementing TQM practices in service industries is not always as successful as they are in manufacturing…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
- In a multi-echelon supply chain, how can the Wilson approach be extended to optimize inventory levels at different stages of the supply chain? What challenges might arise in this context?26 Which of the following statements is true with regard to cycle stock? a It is also called surplus stock. b It is received from a downstream supply chain partner. c It is seasonal in nature d It is also referred to as base stock. 27 Inventories that are in transit in containers or trucks ______. a are known as pipeline inventories b are known as in-house inventories c are relatively small in global supply chain (as compared to domestic supply chains) d are known as en route inventoriesWarehouse management plays a strategic role in the overall supply chain process. Effective warehousing strategies can assist the firms in increasing supply chain surplus. On the basis of online data availability, select any organization and analyze its warehousing strategies. 10 marks Length of the answer: Between 200 and 220 words Originality: 3 References: 1 Analysis of warehousing strategies used by the selected organization: 6