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taurus [48]
4 years ago
8

Which of the following best describes how information sharing helps eliminate the bullwhip effect? a) Information sharing reduce

s information lead time, enabling each organization to plan according to end demand and not according to the orders placed immediately downstream. b) Information sharing reduces price fluctuations by ensuring that all members of the supply chain have access to price and cost information along the entire supply chain. c) Information sharing supports activity-based costing. d) None of these answers are correct.
Business
1 answer:
zepelin [54]4 years ago
4 0

Information sharing reduces information lead time, enabling each organization to plan according to end demand and not according to the orders placed immediately downstream.

Explanation:

The Bullwhip effect is a trend of the distribution channel where estimates result of inefficiencies in the supply chain. Of reaction to fluctuations the market demand the inventory swings are growing, as the supply chain continues to grow.

The effect of the bullfight generally flows up the supply chain, starting from the retailer, wholesaler, dealer, producer and then the supplier of the raw materials.

This method does not include daily fluctuations to run level. Another way of reducing the bullwhip effect is by eliminating the delays along the supply chain. In general, the fluctuations in the supply chain can be reduced by 80% by cutting order to supply time by half in both real supply chains and supply chain simulations

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In a telephone conversation, a jewelry maker offered to buy 100 ounces of gold from a precious metals company if delivery could
Katarina [22]

Answer:

No

Explanation:

Since in the question there is a situation given in which there is a telephonic conversation and later onwards the jewelry maker refused to accept the goods delivery or pay $65,000 as per the company

So this represents that there is no enforceable contract lies between the company and the jewelry maker as the agreement is not in writing so it would not be considered as a valid contract

hence, the answer is no

7 0
4 years ago
Give a real life example of mitigating a risk, avoiding a risk, transferring a risk and retaining a risk.
nikitadnepr [17]

Explanation:

Let us understand the terms with examples:

Avoiding a risk: A risk which is pre-identified and which would create huge loss for the ongoing task can be avoided.

For example:

If there is a deadline for a project and there are only few more days to complete, then planning a training program on soft skill will be a riskier one. So training program can be planned sometimes later, thus avoiding risk.

Transferring a risk: Normally this will be mentioned in the project contract. If there is an issue and the employees of the company are already filled with work, then the issue can be outsourced so now the risk is transferred.

Retaining a risk: You can retain the risk if the impact is negligible. Absence of a software developer for 10 days. So the Project manager need not worry about finding an alternate person for that 10 days alone, which might lead to less understanding of flow and may raise more errors if multiple resource work on the content.

Mitigating a risk: The risk will be avoided by taking some preventive measures. For example, if a smart board needs to be sold, a sales team cannot give a good demo hence the sale of product percentage is less. So to avoid this, a training can be arranged to sales team so that it will boost up sales. Others who were absent on training, ll sale less but the impact is minimum.

5 0
3 years ago
For this assignment, you will produce a marginal cost analysis graph and create a scenario that explains where the firm should s
Kamila [148]

well what you can do first is

4 0
3 years ago
Who reports to the treasurer is responsible for paying suppliers?
Verdich [7]
 Who reports to the treasurer is responsible for paying suppliers? <span>The Accounts Payable team is responsible or paying suppliers and reporting to the treasurer. Accounts payable refers to funds that are owed by a company to its creditors. The Accounts Payable team will report directly to treasurer unless there is a cashier in place to handle the transaction. </span>
5 0
3 years ago
Read 2 more answers
11. Nadine is retiring at age 62 and expects to live to age 85. On the day she retires, she has $402,000 in her retirement savin
Svet_ta [14]

Answer:

E. $2,688.77

Explanation:

We need to calculate the PMT of an ordinary annuity at 6%

PV \div \frac{1-(1+r)^{-time} }{rate} = C\\

PV 402,000

time:

85 years - 62 years = 23 years of retirement

23 years  x   12 months per year = 276 months

rate: 6% annual rate we must divide over 12 months to convert into monthly: 0.06/12 = 0.005

402000 \div \frac{1-(1+0.005)^{-276} }{0.005} = C\\

C  $ 2,688.766

<em>She can withdraw 2,688.76 per month</em>

7 0
3 years ago
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