Reference no: EM132226608
1. Explain how the following (with respect to their use) impact supply chain operations:
a) All elements of the supply chain are interconnected and dependent on each other.
b) Demand based changes by end users creates a bullwhip effect in the supply chain
c) Perfect information throughout the supply chain is (realistically) achieveable
d) Time lags in the supply chain follow a Pareto principle when applied to the supply chain.
2. Vivian owns a sunglass store in Key West, Florida. This store can sell 100 pairs of sunglasses per month. Currently, the sunglass cost $20 each pair and it takes 5 days to receive an order. Vivian pays the cost of $30 for each time she submits an order. Vivian uses 25% of item costs to compute annual holding costs and works 240 days in a year.
Which statement is Not correct?
The annual holding cost is $300.
Average inventory level is 60 pairs.
Vivian needs to place 10 orders per year.
The reorder point is 25 pairs.
The average time between two consecutive orders is 20 days.
3. A routing table lists _____.
a. the protocols that each node understands
b. nodes on a network
c. packets to be sent
d. the IP address of a router
4. Buyer A has entered into a contract for the sale of goods with Seller B. The contract is for a cash sale, but has not mentioned delivery, the form of payment or the time for performance. Advise A regarding :
a. The place of delivery
b. The form of payment
c. The time for performance.
5. True or False: Branding helps to segment markets for companies if they have multiple products.