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Supply Chain Management Flashcards | StudBud

Explore/Supply Chain Management

Which strategy helps reduce the bullwhip effect?

What role does the "Retailer" play in the Root Beer Game?

Supply Chain Management

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Answers

1
What role does the "Retailer" play in the Root Beer Game?
Monitors warehouse safety
Delivers raw materials
Sells root beer directly to the customer
Manufactures the root beer
2
Which strategy helps reduce the bullwhip effect?
Only produce when inventory runs out
Place large random orders weekly
Ignore customer demand
Share demand information and coordinate decisions
3
In the Root Beer Game, what makes the simulation more realistic?
Players know all customer demand in advance
Players only see limited information (their orders and deliveries)
The game ends in 3 rounds
Players can see the whole supply chain
4
What is the primary goal of Supply Chain Management (SCM)?
To increase product prices
To coordinate the flow of goods, information, and finances
To reduce employee workload
To produce as many goods as possible
5
What causes the "bullwhip effect" in supply chains?
Use of advanced robots in production
Consistent customer demand
Fast internet connection
Poor visibility and communication across the supply chain