(A) The Bullwhip effect: Demand amplification along the supply chain.
(B) Costs affected: Increased inventory, warehousing, transportation, and production inefficiencies.
A) The Bullwhip effect refers to the phenomenon where small fluctuations in customer demand can result in amplified variations in orders placed upstream in a supply chain. This effect causes the demand signal to become distorted and exaggerated as it travels from the end customer to the supplier. I'll explain the Bullwhip effect using a graph:
In the graph, the horizontal axis represents time, while the vertical axis represents the quantity of products ordered. The graph shows four lines representing the demand signal at different stages of the supply chain: retailer, distributor, manufacturer, and supplier. Initially, customer demand (retailer) experiences small fluctuations. However, as the signal travels upstream, the variations increase, resembling the shape of a bullwhip.
B) The Bullwhip effect impacts different costs within the supply chain. These costs include:
1. **Inventory Costs:** The Bullwhip effect leads to increased inventory costs at each stage of the supply chain. Fluctuations in demand result in excessive inventory buildup as each level tries to buffer against perceived demand variability.
2. **Ordering Costs:** The Bullwhip effect increases ordering costs for retailers, distributors, manufacturers, and suppliers. Larger and more frequent orders are placed due to distorted demand signals, leading to additional administrative and processing expenses.
3. **Transportation Costs:** Variations in demand caused by the Bullwhip effect can result in inefficient transportation utilization. Increased demand fluctuations may require more frequent shipments, leading to higher transportation costs.
4. **Production Costs:** Manufacturers experience higher production costs due to the Bullwhip effect. They must adjust their production schedules more frequently to meet fluctuating orders, which can lead to inefficiencies and increased setup costs.
5. **Suppliers' Costs:** Suppliers are affected by the Bullwhip effect through increased demand variability and uncertainty. They face challenges in capacity planning, raw material procurement, and production scheduling, resulting in higher costs.
Overall, the Bullwhip effect introduces inefficiencies and increased costs throughout the supply chain, affecting inventory, ordering, transportation, production, and suppliers' costs.
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alex bought a chain of salons and spas. he invested his wealth and time to enhance the salons with full-service bars, child care for employees and guests, and premium furniture. since other salons and spas in the area are not offering these types of amenities, he expects this innovation will result in a profit. alex is a(n)
Alex is an entrepreneur. He has identified a gap in the market for salons and spas that offer full-service bars, child care, and premium furniture and has taken the initiative to invest his wealth.
It also offers the time to fill that gap by purchasing a chain of salons and spas and enhancing them with these amenities. By doing so, he is positioning himself to be competitive in the market and to potentially generate a profit. Entrepreneurs are individuals who identify opportunities and take the risk to start or invest in a business in order to meet a need or solve a problem. This can involve introducing new products or services, improving existing ones, or finding new ways to reach customers. Alex's actions demonstrate his entrepreneurial mindset and willingness to take risks in order to achieve his business goals.
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How do I pay taxes once I turn 18?
Answer:
ask your mother
Explanation:
ask your mother:)
What are references?
Answer:
Reference is a relationship between objects in which one object designates, or acts as a means by which to connect to or link to, another object. The first object in this relation is said to refer to the second object. It is called a name for the second object.
Explanation:
Answer:
Reference is a relationship between objects in which one object designates, or acts as a means by which to connect to or link to, another object
Explanation:
Explain the hipp of the primary sources below source: letter written by john rolfe
The correct answer to this open question is the following.
Explain the HIPP of the primary sources below source: "letter written by John Rolfe."
"H" stands for Historical context. John Rolf was an important component in the foundation and success of the Jamestown, Virginia colony, in the North American territory. In the letter, he explains the Governor of the colony, Thomas Dale, his reasons to marry Pocahontas, a Native American Indian woman.
"I" stands for the Intended audience. The Governor of Jamestown, Virginia colony, Thomas Dale. The intention of John Rolfe was to clearly explain his motives, trying to maintain his intact reputation before the people of Jamestown.
"P" stands for Purpose. Rolfe wanted the approval of the Governor, knowing that in those years, Native American Indians were considered savages that first needed to be converted to the Christian religion to be accepted in the colonial society.
"P" stands for Point of view. In this part, we have to understand the point the author is trying to convey. In this case, John Rolfe, an English man, and an important figure that brought the toc¿bacco seed from the Caribbean Islands to grow tobacco crops in Jamestown and made tobacco the king of crops in Virginia wanted to justify his actions but not wanted to compromise his position before the Jamestown society.
There is a strong significant correlation between alcohol and all forms of cancer.
The given statement that there exists a strong significant correlation between alcohol and all forms of cancer is true.
Drinking alcohol leads to increased rate of risk of getting several forms of cancer like —
1. Mouth and throat
2. Voice box (larynx)
3. Esophagus
4. Colon and rectum
5. Liver
6. Breast
Studies claim that addiction to more than three or more alcoholic drinks per day may increases the risk of cancer. There is strong evidence that drinking alcohol increases the risk for prostate cancer. All forms of alcoholic drink, like wine, beer, and liquor, have a direct link with cancer.
The more one drink, the higher is the rate of cancer risk. According to data of 2010, an estimate of 3.5% of cancer deaths in the United States were directly linked to alcohol consumption.
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Correct question:
There is a strong significant correlation between alcohol and all forms of cancer. True or false
Bourne Incorporated reports a cash balance at the end of the month of $2,445. A comparison of the company's cash records with the monthly bank statement reveals several additional cash transactions: bank service fees ($78), an NSF check from a customer ($280), a customer’s note receivable collected by the bank ($1,100), and interest earned ($28).
Required:
Record the necessary entries to adjust the balance of cash.
Answer and Explanation:
The journal entries required to adjust the balance of cash as follows:
1. Cash Dr $1,128
To Notes receivable $1,100
To Interest revenue $28
(Being the cash is recorded)
Here cash is debited as it increased the assets and credited the notes receivable and interest revenue as it decreased the assets and revenue
2. Service expense Dr $78
Account receivable Dr $280
To cash $358
(being the cash paid is recorded)
here service expense and account receivable is debited as it increased the expenses and assets and credited the cash as it decreased the assets
What does it mean to invest your own risk?
client of a commercial rose grower has been keeping records on the shelf-life of a rose. The client sent the following frequency distribution to the grower.
Rose Shelf-Life
Days of Shelf-Life Frequency fifi
1 – 6 3
7 – 12 3
13 – 18 7
19 – 24 8
25– 30 4
31 – 36 1
Step 1 of 2 :
Calculate the population mean for the shelf-life. Round your answer to two decimal places, if necessary.
The population mean for the shelf-life is 19.67.
The shelf-life of roses is known to follow a normal distribution. The client of a commercial rose grower has been keeping records on the shelf-life of a rose.
The client sent the following frequency distribution to the grower: Rose Shelf-Life Days of Shelf-Life Frequency 111 – 637 – 121313 – 18719 – 24825– 30431 – 361
Step 1: Calculation of midpoint of each class The midpoint of each class can be calculated by adding the lower limit and upper limit and dividing the sum by 2.
Midpoint = (lower limit + upper limit) / 2 For example, for the first class: Midpoint = (1 + 6) / 2= 3.5 Similarly, for the remaining classes: Midpoint Days of Shelf-Life Frequency 3.5 1 9.5 3 15.5 7 23.5 8 27.5 4 33.5 1
Step 2: Calculation of the population mean for the shelf-life The population mean can be calculated using the formula: population mean = (∑ (midpoint × frequency)) / n Where: Σ = Summation (sum of all)midpoint = Midpoint of each class frequency = Frequency of each class n = Total number of observations population mean = ((3.5 × 1) + (9.5 × 3) + (15.5 × 7) + (23.5 × 8) + (27.5 × 4) + (33.5 × 1)) / (1 + 3 + 7 + 8 + 4 + 1)= (3.5 + 28.5 + 108.5 + 188 + 110 + 33.5) / 24= 472 / 24= 19.67
Therefore, the population mean for the shelf-life is 19.67.
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what is the differences and similarities between rental goods services and non goods services
Answer and Explanation:
Rented-Goods Services are represented by retailom where consumers can own a good, or use a service for a specified time. As an example of this, we can mention hotel rooms, ski clothes, cars, houses, among others.
Nongoods Services are also represented by retail, but it presents personal services, where consumers can try them, judge them and then decide if they want to own them.
according to the textbook, a hospital indemnity policy: multiple choice should be purchased at an early age. should be purchased only by older people. is almost always excellent buys. does not justify the premium cost. is meant for couples with two or three children.
According to the textbook, a hospital indemnity policy should be purchased at an early age.
Hospital indemnity insurance is a form of coverage that pays a predetermined amount of money for each day that you are admitted to the hospital. The money may be used for any purpose, not just medical expenses. The policy can be purchased as a supplement to your health insurance policy, which is meant to cover your medical expenses.The benefits of purchasing a hospital indemnity policy are numerous. One of the most important is that it can provide financial assistance when you or a loved one are hospitalized. A hospital indemnity policy can help you pay for the cost of treatment, including medical and non-medical expenses such as transportation, lodging, and meals. The policy can also provide a cash benefit that can be used to pay for the deductibles, co-payments, or other expenses associated with your health insurance plan.
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the all-channel network is practiced most commonly in ________.A) traditional teams.B) self-managed teams.C) cross-functional teams.D) problem-solving groups.E) work groups
Option (b), the all-channel network is practiced most commonly in self-managed teams.
An all-channel network refers to a communication structure where all team members have equal status and can communicate with each other freely and openly. Self-managed teams are designed to be self-governing and self-regulating, and an all-channel network allows team members to collaborate, share ideas, and make decisions collectively. This type of communication structure is less commonly used in traditional teams, cross-functional teams, problem-solving groups, and work groups where communication tends to be more hierarchical and structured.
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Why do inventory and supply planners sometimes fail to follow the sales and operations planning (S\&OP) process? Their roles keep them so busy that they tend to run out of time. Inventory planners are often excluded from S\&OP altogether, so they don't know the process in the first place. They are biased against the process from the outset, because it rarely works. S8.OP often takes place in meetings that are above their level in the organization; they are unsure what to do because they don't have all the needed data to decide. What is a "target inventory position"? the amount of inventory left over at the end of a period (day/week/quarter) the quantity of stock on hand + on order that will achieve a desired service level the amount of inventory we intend to sell in a period the amount of inventory on hand at the beginning of a period (day/week/quarter)
The target inventory position takes into account factors such as lead times, demand variability, and desired service levels to determine the appropriate amount of inventory to carry at any given time. By setting a target inventory position, companies can avoid stockouts and reduce excess inventory
A "target inventory position" is the quantity of stock on hand plus stock on order that will achieve a desired service level. It represents the optimal level of inventory that a company should maintain to meet customer demand while minimizing costs associated with excess inventory.
The target inventory position takes into account factors such as lead times, demand variability, and desired service levels to determine the appropriate amount of inventory to carry at any given time. By setting a target inventory position, companies can avoid stockouts and reduce excess inventory, which can help improve customer satisfaction and profitability.
a "target inventory position" is essentially the ideal amount of inventory a company should aim to have on hand at any given time in order to meet customer demand while minimizing overall costs. This target level takes into account a number of different factors such as:
Lead times: The amount of time it takes for a supplier to deliver new inventory.
Demand variability: How much customer demand fluctuates over time.
Desired service levels: How often a company wants to be able to fulfill customer orders.
By considering these and other variables, companies can determine the optimal balance between carrying enough inventory to meet customer demand efficiently while avoiding excess stock that would be costly to store and manage. This target inventory position helps guide decisions around when to order new inventory, how much to order, and how often to order it. Ultimately, setting and managing this target inventory position can help businesses keep their supply chains running smoothly and ensure they are meeting customer needs with minimal waste or inefficiency.
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Why does the US import oil?
A.because it has exported too much oil
B.because it does not produce any oil
C.because it does not produce enough oil
D.because it has exported too little oil
Answer:
C. because it does not produce enough oil.
Explanation:
Although, the United States is one of the leading producers of oil, yet still import oil because it does not produce enough oil to meet the demand of its citizens. In other words, the United States consumes more than what she can produce.
Another reason is that most refineries in the United State are created basically for heavy crude whereas most of what she produce are light crude oil. The United States import the oil she is able to process while she export to other countries to complete the setup process.
The remedy to the above situation is when new refineries are built which are somewhat expensive or the existing refineries are upgraded to meet with the demand.
Answer:
D. Because it does not produce enough oil.
edg 2020.
BRUH THIS THING LOGGED ME OUT WHAT IS GOING ON
Answer:
?????????????
Explanation:
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Which of the following is not true of an effective accounting system?
a. The system must accommodate changes in the business over time.
b. The system must provide minimal benefits at whatever cost is necessary.
c. The system must work smoothly with your personnel and organizational structure.
d. The system has internal controls to help the owner(s) control the business.
Among the following options, the statement that is not true of an effective accounting system is "The system must provide minimal benefits at whatever cost is necessary." Option B.
An accounting system is an important component of a business since it aids in tracking all financial transactions and assists in making informed financial judgments. As a result, an effective accounting system is critical in order for the company to work properly. An accounting system that is effective should have the following characteristics:
It must be able to accommodate changes in the business over time. It must be able to work smoothly with your personnel and organizational structure. It must have internal controls that enable the owner(s) to manage the business effectively. The system must provide the maximum benefits at the lowest feasible cost to the business. Hence, option B: The system must provide minimal benefits at whatever cost is necessary is not true of an effective accounting system.
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Compare the current workforce level of proficiency against the level of proficiency required and identified by an organization for each of its core competencies.
The current workforce level of proficiency is compared to the level of proficiency required and identified by an organization for each of its core competencies.
To compare the current workforce level of proficiency against the required level, an organization needs to assess the skills and knowledge of its employees in each core competency. This can be done through evaluations, performance reviews, and skills assessments. The organization then compares the current proficiency level of its employees to the desired level for each competency.
For example, if the organization identifies customer service as a core competency and determines that employees need to have excellent communication and problem-solving skills, they would assess whether their current workforce meets these requirements. They may use metrics such as customer satisfaction ratings and feedback to evaluate proficiency levels.
By comparing the current proficiency level to the required level, organizations can identify any gaps and develop strategies to bridge them. This may involve training programs, mentorship, or recruitment efforts to ensure the workforce meets the organization's proficiency requirements.
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the year the volleyball was introduced
Answer:
The Year was 1895
Hope that helps!
Write a suitable indefinite article before the following words or phrases and write
them again. (Copy the questions)
___heirloom ___astronomer
___ewe ___hotel employee
___honest man ___advocate
___one eyed dog ___awkward moment
___awesome picture ___European tourist
___incompetent employee ___auspicious moment
___humane person ___MLA
___horrible joke ___M. A student
Answer:
An heirloom, An astronomer
A ewe, A hotel employee
An honest man, An advocate
A one-eyed dog, An awkward moment
An awesome picture, A European tourist
An incompetent employee, An auspicious moment
A humane person, An MLA
A horrible joke, An M. A student
Explanation:
'A', 'an' and 'the' are the three articles that are used in English. They are used before nouns to specify them. 'A' and 'an' are indefinite articles and 'the' is the definite article. The indefinite article is used before the nouns which are not known or which are not identified. The definite articles are used before the identified noun. The indefinite article 'a' is used before the nouns that begin with a consonant sound. The indefinite article 'an' is used before the nouns that begin with a vowel sound.
Which type of power steering system relies on inputs to sense the steering
effort?
A) HPAS
B) EPAS
C) Both A and B
D) Neither A nor B
Back
50 of 61
Next
Submit All
!!!
Answer:
Hi
Explanation:
C is the correct answer
why am i the best in my class
ASAP PLEASE!
_______ is a system of related goods and integrated services are bundled together and sold in the place of independent and isolated items
Answer:
Systems Selling
Explanation:
How many millions are there in 93 601 008?
Answer:
There are 93 millions in 93,601,008.
Answer:
93 million in 93,601,008
Explanation:
Hope this helps have a wonderful day! <3
Explain average variable cost businesses experience
The average variable cost businesses experience can be described as the variable costs per unit of output and this can be interpreted as the production incurred by a business.
What is average variable cost?The entire variable cost per unit of production is known as the average variable cost (AVC). Total variable cost (TVC) divided by total output (Q) yields this result. Total variable cost (TVC) is the sum of all costs, including materials and labor, that fluctuate with output.
Variable costs per unit of output, which may be understood as the production expenses incurred by a business, can be used to represent the typical variable costs businesses experience.
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Statements that can be relied on with a fair amount of certainty and can be observed objectively are known as.
Statements which will be relied on with a fair amount of certainty and can be observed objectively are known as.----Facts.
What does one mean by a statement?
A statement is a sentence that says something is true, like "Pizza is delicious." There are other forms of statements in the worlds of the law, banking, and government. All statements claim something or make some extent . If you witness an accident, you create a statement to police, describing what you saw.
What can we mean by facts?
A fact is an indisputable observation of a natural or social phenomenon. we will see it directly and show it to others. A hypothesis is a thought that we can test with further observations. We began to gather evidence to see if our hypothesis is supported.
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The US Senate has approved approximately how many treaties?
O 2.500
O 1,500
O 2,000
O 1.000
Answer:
2500
Explanation:
The United States Senate has approved approximately 2500 treaties. This assertion is based on the statistics that fifty years after the United States independence, the US Senate has only approved 60 treaties. By the period World War II began in 1939, the US Senate has approved another 800 treaties. Also, between 1940 to 1989, the United States Senate has approved an additional 759 treaties. And between 1989 to this moment, the United States Senate has reportedly approved 890 treaties.
Hence, summing all of them together, we have 60 plus 800, plus 759, plus 890, making it 2509 treaties. That is approximately 2500 treaties.
Answer:
B. 1,500
Explanation:
It’s on the passage
Cash received prior to delivering a product or performing a service is called a(n) a.unearned asset. b.unearned revenue. c.unearned expense. d.unearned contra-asset.
The correct answer is b. unearned revenue.
Unearned revenue, also known as deferred revenue or advance payments, refers to the cash a company receives from its customers for goods or services that it has not yet delivered or performed. Unearned revenue is considered a liability on the company's balance sheet until the work is completed or the product is delivered, at which point it becomes revenue that can be recognized on the income statement.
Unearned revenue is commonly found in industries such as software and subscription-based services, where customers pay upfront for future access to products or services. It's essential for companies to properly account for unearned revenue to avoid overstating their revenue and profits in a given period.
When a company receives unearned revenue, it records it as a liability on its balance sheet and recognizes it as revenue on the income statement when the associated goods or services are provided. The amount of unearned revenue decreases over time as the company fulfills its obligations to its customers.
In summary, unearned revenue represents cash received by a company before it delivers a product or service to its customers, making it a liability on the company's balance sheet until the related revenue is recognized on the income statement.
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By a large margin, most business messages are?
Business messages typically require more detail, context, and explanation than other types of messages.
As such, most business messages are elaborate in order to accurately convey the necessary information.
An organisation or enterprising entity engaging in commercial, industrial, or professional activity is referred to as a business. A business's goal is to coordinate some form of economic production (of goods or services). Businesses can be for-profit corporations or nonprofit organisations working to advance a social cause. Businesses varies in size and scope from small, local enterprises to enormous, global conglomerates. Business also refers to the efforts and activities undertaken by individuals to produce and sell goods and services for profit.
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What is the difference between using an action button to play an audio file via 'play sound' and an audio clip set up through the Media Group?
Answer: The action button lets users play the audio file, the sound button will play an audio clip.
Explanation:
The action button lets users play the audio file once it is clicked or has a mouse over action over the assignment button. The sound button will play an audio clip that you have specified in the action settings dialog box.
Calculate the amount of the annual payments required to pay off a $100,000 note in 5 years given a 7% rate of interest compounded annually
To calculate the amount of the annual payments required to pay off a $100,000 note in 5 years given a 7% rate of interest compounded annually, we can use the formula for the present value of an annuity.
The formula is: PMT = PV x (r(1+r)^n / ((1+r)^n - 1))
where PMT is the payment amount, PV is the present value (in this case, $100,000), r is the annual interest rate (7% or 0.07), and n is the number of periods (5 years).
How to find?
Plugging in the values, we get:
PMT = 100000 x (0.07(1+0.07)^5 / ((1+0.07)^5 - 1))
PMT = 100000 x (0.07(1.07)^5 / (1.07^5 - 1))
PMT = 100000 x (0.07(1.40255) / 0.40255)
PMT = 100000 x 0.3458
PMT = $34,580.44
Therefore, the amount of the annual payments required to pay off a $100,000 note in 5 years given a 7% rate of interest compounded annually is $34,580.44.
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Consider a competitive market for which the quantities demanded and supplied (per year) at various prices are given as follows: Price (Dollars) Demand (Millions) Supply (Millions) 60 22 14 80 20 16 100 18 18 120 16 20 Calculate the price elasticity of demand when the price is $100. The price elasticity of demand is 0. (Enter your response rounded to two decimal places.)
Answer:
Price elasticity of demand is 0.47
Explanation:
Price elasticity of demand = % change in quantity demanded / %change in price
Price elasticity of demand = Q2-Q1/(Q2+Q1/2) / P2-P1/(P2+P1/2)
P1= $80, Q1 = 20, P2 = $100, Q2 = 18
Price elasticity of demand = (18 - 20) / (18+20/2) / (100-80)/(100+80/2)
Price elasticity of demand = (-2/19) / (20/90)
Price elasticity of demand = -2/19 * 9/2
Price elasticity of demand = -18/38
Price elasticity of demand = -0.47
Thus, Price elasticity of demand is 0.47