Reduce the bullwhip effect is for supply chain members

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Reference no: EM132284094

1. One way to reduce the bullwhip effect is for supply chain members to:

a) make ordering decisions independently of each other.

b) create demand forecasts independently of other supply chain members.

c) share demand forecasts with other supply chain members.

d) restrict information flows between supply chain members.

2. Given total costs of producing your product is $1.2M, storing your product is $0.5M, and transportation of the product to the intended destination is $1.7M; what is the landed cost for your product?

a) $3.4M

b) $6.1M

c) $9.7M

d) $15.3M

3. Given total costs of producing your product is $2.3M, storing your product is $0.7M, and transportation of the product to the intended destination is $3.1M; what is the landed cost for your product?

a) $3.4M

b) $6.1M

c) $9.7M

d) $15.3M

4. Christine has just answered a prospect's question about some negative publicity her product received. To find out if her prospect has any more objections with which she should deal, Christine should:

a) use a trial close.

b) hand her catalog to the prospect.

c) begin her demonstration.

d) use the questions approach.

e) lead into a benefit.

Reference no: EM132284094

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