Subject: General Questions / General General Questions
1 Discuss how the use of Strategic Partnering helps to alleviate the bullwhip effect.
2 What is the bullwhip effect and what impacts can it have in the supply chain?
3 Discuss and elaborate on the following statement: "The selection of a superior location network can create substantial competitive advantage.“
4 What are the penalties of facing highly variable demand? Are there any advantages?
5 Show the elements involved in the process of deciding when to order and how much to order by using a ‘sawtooth model’ of inventory.
6 Distinguish between using an exact optimization technique and a heuristic to solve a problem?
7 Explain why risk pooling across locations is attractive to extended supply chains.
8 Discuss five (5) ways that the lead times within a supply chain can be reduced.
9 “CycleWorld distributes the majority of their orders for pushbikes across 60 vendors so it was very important for them to manage this at a network rather than a local level. They implemented Electronic Data Exchange (EDI) technology coupled with Enterprise Resource Planning (ERP) software and other technologies to effectively manage their inventory across their multi-site distribution environment.” Name and then briefly discuss three outcomes CycleWorld would expect from a distributed inventory model that used EDI and ERP.