Operations Management
17th Edition
ISBN: 9781259142208
Author: CACHON, Gérard, Terwiesch, Christian
Publisher: Mcgraw-hill Education,
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Chapter 11, Problem 3CQ
Summary Introduction
To identify: The statement that best explains the given situation.
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Which of the following best explains why distributors help to reduce the space retailersneed to store inventory?a. Distributors allow retailers to receive truckload shipments more frequently.b. Distributors decrease the total distance products travel in the supply chain.c. Distributors allow retailers to receive smaller quantities of each supplier’s product.d. Distributors increase the time that inventory spends in the supply chain.
Safety stocks are used
a. To minimize transportation time
b. To provide protection against the uncertainties of supply and demand
c. To allow less expensive purchases by buying more
d. To offer better incentives
e. To attract more customers
Managing inventory is a critical function in logistics and supply chain management. What are some of the reasons firms hold inventory?
Chapter 11 Solutions
Operations Management
Ch. 11 - Prob. 1CQCh. 11 - Prob. 2CQCh. 11 - Prob. 3CQCh. 11 - Prob. 4CQCh. 11 - Prob. 5CQCh. 11 - Prob. 6CQCh. 11 - Prob. 7CQCh. 11 - Prob. 8CQCh. 11 - Prob. 9CQCh. 11 - Prob. 10CQ
Ch. 11 - Prob. 11CQCh. 11 - Prob. 12CQCh. 11 - Prob. 13CQCh. 11 - Over time, consumers have less of a need for a...Ch. 11 - For 10 percent of the products in a category, a...Ch. 11 - Anvils Works requires, on average, 2800 tons of...Ch. 11 - Prob. 3PACh. 11 - Prob. 1CCh. 11 - Prob. 2CCh. 11 - Rob Honeycutt created Timbuk2 to offer consumers...
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- What is the term of shipping directly from the supplier to the end consumer rather than from the seller, saving both time and reshipping costs? A. Postponement B. Direct shipping C. Drop shipping D. Vendor-managed inventoryarrow_forwardWhich of the following is NOT an industry characteristic impacting transportation and distribution planning and execution strategies within the supply chain? (Choose all that apply) A. Cost of capital B. Interest Rates Level of Competition Sustainability C. Level of Competition B. Sustainabilityarrow_forwardA distribution network provides a number of items or services is known as Select one: Product variety Response time Order visibility Product availability The interaction between a customer and a retailer is primarily in terms of three flows. Which of these items is NOT one of the flows? Select one: Information Product Funds Contractsarrow_forward
- Discuss how could a retailer use inventory to increase the responsiveness of the company's supply chainarrow_forwardHow could a retailer use inventory to increase the responsiveness of the company’s supply chain? Take any of the following retailers as an example, J dot, GulAhmed, United King, Naheed Super store. Using any example, compare and contrast the characteristics of an efficient supply chain and a responsive supply chain in all of the six drivers.arrow_forwardABC classification divides on-hand inventory into three classes, generally based upon a. item quantity. b. unit price. c. the number of units on hand. d. annual demand. e. annual dollar value.arrow_forward
- Differentiate b/w a) Public and Private Warehouses b) Centralized and de-centralized warehousearrow_forwardWhich of the following cannot be classified as Transit inventory (Pipeline stocks)? A. Items moving within the distribution channel toward B. Items transporting through pipeline C. Items outside of your facility but on the way to your facilty no. D. Items en route from your facility to the customer.arrow_forwardPlease do not give solution in image format thanku As products flow through channels of distribution, information passes as well. Given the stages listed below, match them to the correct sequential order in the question. A - Store to distribution center B - Store to manufacturer C - Customer to store D - Buyer to manufacturer E - Store to buyer F - Manufacturer to distribution center and buyer Group of answer choices 1st [ Choose ] E F B A D C 2nd [ Choose ] E F B A D C 3rd [ Choose ] E F B A D C 4th [ Choose ] E F B A D C 5th [ Choose ] E F B A D C 6th [ Choose ] E F…arrow_forward
- How could a retailer use inventory to increase the responsiveness of the company’s supply chain?arrow_forwardAt what point in the Fulfillment Process does your inventory change? Goods Issue Receive Payment Pick/Pack Sales Order Billing Quotationarrow_forwardWhat are the two issues that inventory management tries to solve?arrow_forward
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Inventory Management | Concepts, Examples and Solved Problems; Author: Dr. Bharatendra Rai;https://www.youtube.com/watch?v=2n9NLZTIlz8;License: Standard YouTube License, CC-BY