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Managing a supply chain so challenging

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How many weeks did it take you to bring the supply chain back into equilibrium?

Based on your simulation experience, why is managing a supply chain so challenging?

According to the article, what factors cause the "bullwhip effect"?

According to the article, how can companies reduce the "bullwhip effect" in their supply chain?

Based on what you learned playing the Near Beer Game, explain why "retailers and manufacturers are overordering or placing orders too early amid panic over the massive supply chain crisis."

Assume a recent order of your cafe's top-selling imported coffee is stuck on a container ship off the Port of Los Angeles. You expect to deplete your inventory within the next few days. How would you respond to this inventory shortage? What changes would you make to your business (e.g., consider marketing, operations, etc.)?

Reference no: EM133052175

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