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Long term boom and bust cycles that mimic the bullwhip effect include


A) calendars and greeting cards.
B) the length of hemlines.
C) university textbooks.
D) memory chips for personal computers.

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In a VMI system, the ________ must share demand information with the ________.


A) manufacturer, customer
B) customer, retailer
C) retailer, manufacturer
D) manufacturer, designer

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A lack of coordination occurs either because different stages of the supply chain have objectives that conflict or because information moving between stages gets delayed and distorted.

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The fact that each stage in a supply chain forecasts demand based on the stream of orders received from the downstream stage results in


A) forecasts based on actual consumer demand patterns.
B) a reduction in demand as we move up the supply chain from the retailer to the manufacturer.
C) a magnification of fluctuations in demand as we move up the supply chain from the retailer to the manufacturer.
D) an increase in forecast accuracy.

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Managers can improve coordination within the supply chain by


A) holding product in inventory but off official inventory records.
B) listing product in inventory without actually holding the physical goods.
C) aligning goals and incentives.
D) decreasing product visibility.

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The lack of coordination within a supply chain will result in an increase in


A) profitability.
B) inventory accuracy.
C) replenishment lead time.
D) level of product availability.

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Describe the impact of behavioral obstacles on supply chain coordination.

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Behavioral obstacles refer to problems i...

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In a continuous replenishment program, the wholesaler or manufacturer replenishes a retailer regularly based on


A) the POS data of the wholesaler.
B) the forecast of the retailer.
C) the POS data of the retailer.
D) the forecast of the manufacturer.

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Supply chain coordination requires each stage of the supply chain to take into account the impact its actions have on other stages.

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The bullwhip effect moves a supply chain


A) away from the efficient frontier by increasing cost and decreasing responsiveness.
B) away from the efficient frontier by decreasing cost and increasing responsiveness.
C) toward the efficient frontier by increasing cost and decreasing responsiveness.
D) toward the efficient frontier by increasing cost and increasing responsiveness.

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Coordination requires every stage of the supply chain to focus on


A) the functional revenues for each supply chain member.
B) the functional profits for each supply chain member.
C) the functional costs for each supply chain member.
D) supply chain surplus.

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Forward buying results in


A) a stabilized buying pattern.
B) small orders during the promotion period followed by very small orders after that.
C) small orders during the promotion period followed by large orders after that.
D) large orders during the promotion period followed by very small orders after that.

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Problems in learning within organizations that contribute to the bullwhip effect are referred to as


A) incentive obstacles.
B) information processing obstacles.
C) pricing obstacles.
D) behavioral obstacles.

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Situations where incentives offered to different stages or participants in a supply chain lead to actions that increase variability and reduce total supply chain profits are referred to as


A) incentive obstacles.
B) information processing obstacles.
C) operational obstacles.
D) behavioral obstacles.

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The bullwhip effect enables different stages of the supply chain to have a consistent estimate of what demand looks like.

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In most instances, CRP systems are driven by


A) the withdrawal of inventory from distributor warehouses.
B) the withdrawal of materials from supplier warehouses.
C) the withdrawal of goods customer pantry shelves.
D) the withdrawals of inventory from retailer warehouses.

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