Please anwer the following questions. THANK YOU MUCH!!!! Question 1 (1 point) Wh

Question

Please anwer the following questions. THANK YOU MUCH!!!!

Question 1 (1 point) Which company is most likely to experience the largest order variation due to the bullwhip effect in a supply chain? Question 1 options: C Consumer Distributor Retailer C Manufacturer Save Question 2(1 point) According to Transaction Cost Economics, what type of relationship should I form if both asset specificity and transaction costs are high? Question 2 options: Transactional Relationship C RFP Strategic Alliance/Insource Outsource

Explanation / Answer

1) Manufacturer

The bullwhip effect is excess demand and summation of all to top of the flow. The Consumer, Retailer, Distributor demand gets summed up to Manufacturer

2) Strategic Alliance/Insource

In case of asset specificity, there are very limited players in market to support the requirement. Also, high transaction cost makes entry to market difficult. In such scenario, Strategic alliance is the best option to go for

3)

Sum of all three factors for each supplier

A = 4+5+2 = 11

B = 1+2+5 = 8

C = 3+4+5 = 12

Ans - Supplier C

4)

Sum of weighted average needs to be done:

A = 4*0.4 + 5*0.4 + 2*0.2 = 4.0

B = 1*0.4 + 2*0.4 + 5*0.2 = 2.2

C = 3*0.4 + 4*0.4 + 5*0.2 = 3.8

Ans Supplier A

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