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Questions and Answers
Which stage of the supply chain is responsible for sourcing raw material inputs?
Which stage of the supply chain is responsible for sourcing raw material inputs?
- Suppliers (correct)
- Manufacturers/Producers
- Wholesalers/Distributors
- Retailers
Which activities refer to the distribution of the product to the final customer?
Which activities refer to the distribution of the product to the final customer?
- Retail activities
- Manufacturing activities
- Upstream supply
- Downstream supply (correct)
What is the Bullwhip Effect in supply chain management?
What is the Bullwhip Effect in supply chain management?
- The fluctuation and distortion of information increases as it moves up the supply chain (correct)
- The longer the supply chain, the greater the opportunity for the Bullwhip Effect
- The increase in inventory at each stage of the supply chain
- Sharing point-of-sale information with all members of the supply chain
Which action can combat the Bullwhip Effect in supply chain management?
Which action can combat the Bullwhip Effect in supply chain management?
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What is the purpose of Supply Chain Management (SCM)?
What is the purpose of Supply Chain Management (SCM)?
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