Amplification effect or smoothing effect in its supply chain

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Reference no: EM132148087

Over the past 5 weeks, demand for wine at Winston's Winery has been 950, 2200, 3300, 1800, and 1550 bottles. Winston has placed weekly orders for glass bottles of 1150, 2400, 3900, 1050, and 900 units. (Recall that the sample variance of a data set can be found by using the VAR.S function in Excel or by plugging each value x of the data set into the formula:

Variance equals Start Fraction Summation from nothing to nothing left parenthesis x minus x overbar right parenthesis squared Over left parenthesis n minus 1 right parenthesis EndFraction, where x overbar is the mean of the data set and n is the number of values in the set.)

a) The variance of demand for Winston's Winery is nothing (round your response to the nearest whole number).

b) The variance of orders from Winston's Winery for glass bottles is.

c) The bullwhip measure for glass bottles for Winston's Winery is.

d) Winston's Winery is providing an amplification effect or smoothing effect in its supply chain?

Reference no: EM132148087

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