List and explain TWO of the causes of the bullwhip effect.

What will be an ideal response?


a.Demand Forecast Updating ? Using varying customer orders to create an updated forecasts, production schedules, and purchased requirementsb.Order Batching ? Ordering in large amounts in order to decrease order and transportation costsc.Price fluctuations ? Price incentives may cause erratic buying patterns when buyers attempt to stock up on inventory in order to take advantage of low costs, even though demand remains low/constantd.Rationing and Shortage Gaming ? shorting buyer orders when demand exceeds supply. This may cause buyers to over-inflate order sizes in an attempt to meet their demand during these times of short supply.

Business

You might also like to view...

Volkswagen's famed "Drivers Wanted" advertising campaign aimed at attracting active, youthful people uses a transformational appeal as its creative strategy

Indicate whether the statement is true or false

Business

______ of conflict are factors that set the scene for potential dispute.

What will be an ideal response?

Business

The decision to use a genie to communicate the strength and power of Mr. Clean cleaning liquid is representative of the ________ process of the communication model

A) sourcing B) encoding C) feedback D) decoding E) messaging

Business

A job structure based on job content refers to the skills required for the job, its duties, and its responsibilities.

Answer the following statement true (T) or false (F)

Business