Consider a packaged milk products supply chain. A lumber company provides wood to a
paper mill, who supplies cardboard to a container manufacturer, who supplies containers
to the milk products manufacturer. The lumber company is:
a tier one supplier.
a tier two supplier.
a tier three supplier.
a tier four supplier.
not in the supply
Which term refers to inaccurate or distorted demand information created in the supply
Battle axe effect
Which of the following is not one of the four major causes of the bullwhip effect?
Demand forecast updating
The business cycle
Rationing and shortage
When do rationing and shortage gaming occur?
Supply exceeds demand.
Demand exceeds supply.
Government contracts are awarded.
Transportation workers go on strike.
Marginal revenue exceeds marginal
Online retailing, or B2C, has shifted:
the cost of doing business.
the power from the suppliers to the
the way the internet works.
internal corporate power to the IT department.
corporate funding levels to the IT department.
What refers to owning or controlling sources of raw materials and components?
According to several studies, what are the three most important criteria for selecting
Price, quality, fast delivery
Quality, fast delivery, on-time
Price, flexibility, on-time delivery
Quality, flexibility, fast delivery
Price, quality, on-time delivery
Early supplier involvement refers to the involvement of critical suppliers for what?
Assembly line design
Speedy delivery planning