OPERATIONS MANAGEMENT (LL)-W/ACCESS
17th Edition
ISBN: 9781260037821
Author: CACHON
Publisher: MCG
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Chapter 11, Problem 10CQ
Summary Introduction
To identify: The strongest evidence to prove that there is a bullwhip effect.
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Sorlini Pasta sells pasta throughout Italy. Which of the following is the strongest evidence that Sorlini Pasta is suffering from the bullwhip effect?a. They hold a considerable amount of inventory, enough to satisfy their average demandfor the next four weeks.b. Just before a snowstorm in the northern part of the country, sales of pasta increasedconsiderably.c. Sorlini sells both fresh and dry pasta products through different types of retailers.d. Most retailers only carry a subset of all of the pastas Sorlini offers.e. The volatility of the orders Sorlini receives from its distributors is greater than thevolatility of pasta demand at retailers.f. Pasta consumption per capita in southern Italy is higher than in northern Italy.
26
Which of the following statements is true with regard to cycle stock?
a
It is also called surplus stock.
b
It is received from a downstream supply chain partner.
c
It is seasonal in nature
d
It is also referred to as base stock.
27
Inventories that are in transit in containers or trucks ______.
a
are known as pipeline inventories
b
are known as in-house inventories
c
are relatively small in global supply chain (as compared to domestic supply chains)
d
are known as en route inventories
The following lots of a particular commodity were available for sale during the year
Beginning inventory
9 units at $47
First purchase
15 units at $50
Second purchase
20 units at $21
Third purchase
18 units at $58
The firm uses the periodic system, and there are 27 units of the commodity on hand at the end of the year. What is the ending inventory balance at the end of the year rounded to nearest dollar according to the average cost method? Do not round intermediate calculations.
a.$1,269
b.$1,233
c.$1,323
d.$1,148
Chapter 11 Solutions
OPERATIONS MANAGEMENT (LL)-W/ACCESS
Ch. 11 - Prob. 1CQCh. 11 - Prob. 2CQCh. 11 - Prob. 3CQCh. 11 - Prob. 4CQCh. 11 - Prob. 5CQCh. 11 - Prob. 6CQCh. 11 - Prob. 7CQCh. 11 - Prob. 8CQCh. 11 - Prob. 9CQCh. 11 - Prob. 10CQ
Ch. 11 - Prob. 11CQCh. 11 - Prob. 12CQCh. 11 - Prob. 13CQCh. 11 - Over time, consumers have less of a need for a...Ch. 11 - For 10 percent of the products in a category, a...Ch. 11 - Anvils Works requires, on average, 2800 tons of...Ch. 11 - Prob. 3PACh. 11 - Prob. 1CCh. 11 - Prob. 2CCh. 11 - Rob Honeycutt created Timbuk2 to offer consumers...
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