Which of the following mitigation tactics could reduce economic risk? [Solved] (2022)

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Which of the following mitigation tactics could reduce economic risk?

Careful selection, monitoring and effective contracts with penalties. Which of the following mitigation tactics could reduce economic risk? Purchasing contracts that address price fluctuations.... read more ›

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Which of the following could reduce distribution risk quizlet?

Which of the following could reduce distribution risk? Supply chain managers outsource logistics to meet 3 goals: drive down inventory investment, lower delivery costs, and improve delivery reliability and speed.... view details ›

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Which of the following is used to reduce the bullwhip effect?

Maintain consistent, smaller order sizes – Offering bulk discounts may attract customers but it also unnecessarily increases inventory levels and magnifies the bullwhip effect. Encouraging orders according to customer need instead of bulk discounts helps mitigate the bullwhip effect.... see details ›

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What type of negotiating strategy is based on published auction or indexed price?

The negotiation strategy that bases price on a published, auction, or index price is the. market-based price model.... see details ›

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What are the three classic types of negotiation strategies?

The three classic types of negotiation strategies are cost-based price model, market-based price model, and competitive bidding.... see details ›

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Which of the following elements is not used in a decision tree analysis for selection of the number of suppliers under risk?

Which of the following elements is NOT used in a decision tree analysis for selection of the number of suppliers under risk? the probability of a "unique-event" that would disrupt all suppliers simultaneously.... continue reading ›

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Which sourcing strategy is particularly common when the products being sourced are commodities ____?

Many Suppliers sourcing strategy is particularly common when the products being sourced are commodities.... read more ›

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Which of the following actions would be considered helpful for preventing the bullwhip effect in the supply chain?

Cut down on lead time and delays.

Cutting delivery time in half reduces the bullwhip effect by 80%. The faster materials move through your chain to become finished products, the more it avoids inventory piling up somewhere.... continue reading ›

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Which of the following can prevent or reduce the bullwhip effect quizlet?

Supply chain integration can reduce the Bullwhip effect because more information sharing leads to less order variations along the supply chain.... view details ›

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Which of the following refers to information about product demand gets distorted as it passes from one entity to next across the supply chain?

More accurate information from supply chain management systems reduces uncertainty and the impact of the bullwhip effect, in which information about the demand for a product gets distorted as it passes from one entity to the next across the supply chain.... read more ›

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Which of the following is a primary supplier selection criterion for a firm pursuing a differentiation strategy group of answer choices?

For the differentiation strategy, the supplier is selected based on product development skills, the degree to which it is willing to share information, and the degree to which it can jointly and rapidly develop new products.... see details ›

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What is developing the ability to produce goods or services previously purchased or actually buying a supplier or a distributor?

Cross-sourcing develops the ability to produce goods or services previously purchased or actually buying a supplier or distributor.... see more ›

Which of the following mitigation tactics could reduce economic risk? [Solved] (2022)

What is a supply chain design to optimize both forward and reverse flows?

What is a supply chain designed to optimize both forward and reverse flows? closed-loop supply chain.... view details ›

What are 5 types of negotiation?

Negotiators have a tendency to negotiate from one of five styles: competing, accommodating, avoiding, compromising, or collaborative.... see more ›

What are the 5 stages of negotiation?

Negotiation consists of five phases that include investigation, determining your BATNA, presentation, bargaining, and closure.... read more ›

What is the best type of negotiation?

Most research suggests that negotiators with a primarily cooperative style are more successful than hard bargainers at reaching novel solutions that improve everyone's outcomes. Negotiators who lean toward cooperation also tend to be more satisfied with the process and their results, according to Weingart.... see details ›

What are the four 4 types of decision analysis phase?

The traditional decision analysis cycle consists of four phases: basis development. deterministic sensitivity analysis. probabilistic analysis.... see details ›

What are the 4 main parts of a decision analysis problem?

There are 4 basic elements in decision theory: acts, events, outcomes, and payoffs.... read more ›

Which technique is used when decision is complex and outcome of a later situation is dependent on outcome of the former decision?

decision tree: A visualization of a complex decision-making situation in which the possible decisions and their likely outcomes are organized in the form of a graph that resembles a tree.... see details ›

Which of the following are causes of the bullwhip effect?

Causes of Bullwhip Effect
  • Lack of Communication.
  • Incorrect Demand Forecasts.
  • Too Many Discounts and Promotions.
  • Limit Your Promotions and Sales.
  • Streamline the Supply Chain.
  • Improve Order Planning.
  • Bullwhip Your Inventory Into Shape.
... see details ›

Which of the following is a cause of the bullwhip effect quizlet?

The causes of the bullwhip effect are demand forecast updating, order batching, price fluctuations, and rationing and shortage gaming.... view details ›

What is the bullwhip effect quizlet?

It refers to increasing swings in inventory in response to shifts in customer demand as you move further up the supply chain.... continue reading ›

Which of the following is NOT cause of the bullwhip effect?

Answer: ANSWER IS POTION (D).... see more ›

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