ZuoTi.Pro
Question

What is the best lesson from the beer game as a retailer, distributor, wholesaler and comsumer...

What is the best lesson from the beer game as a retailer, distributor, wholesaler and comsumer in the supply chain.
business   Operations-Management   
0 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

Answer #1

This beer game in distribution is the solution of typical problems in coordination of supply chain. It also reflects the simulation where various participant play with each other to get out from the typical situation.They take various  steps to get the product or service from its original state to the consumer. This type of Supply chains are developed by companies which help them in reducing their costs and remain competitive in the business landscape.And the best lesson of this method is to get the clear idea of management of supply chain in a right way to maintain the flow of goods and services including process related to services.

0 0
Add a comment
Know the answer?
Add Answer to:
What is the best lesson from the beer game as a retailer, distributor, wholesaler and comsumer...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions

  • Plant Away is an Oregon-based retailer and distributor of trees and shrubs. They have hundreds of...

    Plant Away is an Oregon-based retailer and distributor of trees and shrubs. They have hundreds of smaller nurseries based around the country that grow the plant stock. The majority of their business is conducted online Consumers purchase typically small quantities of products online and Plant Away coordinates the shipping from the most appropriate nursery. What unique problems might you anticipate they have in their supply chain? What might remedy these problems?

  • THE NEAR BEER GAME EXERCISE At the beginning of the game customers are ordering ten cases...

    THE NEAR BEER GAME EXERCISE At the beginning of the game customers are ordering ten cases worth raw materials. In week two, demand increases to fifteen cases per week and remains at fifteen cases for the remainder of the simulation. The game ends when you manage to get your supply chain back in equilibrium for fifteen cases of beer. Your goal is to see how many weeks it takes you, and see if you can bring the supply chain back...

  • what can you do to improve performance of beer game as a whole chain instead of...

    what can you do to improve performance of beer game as a whole chain instead of one member.

  • Question 1 Shannon’s distributes its beer through a wholesaler, Miller of Denton. The retail selling price...

    Question 1 Shannon’s distributes its beer through a wholesaler, Miller of Denton. The retail selling price for a six pack of its typical craft beer is $12.00. The retailer’s cost per six pack is $8.00. The wholesaler sells the beer to the retailer for this price. Shannon’s sells a six pack to the wholesaler for $5.40. Shannon’s variable costs of production, packaging, and distribution are $3.60 per six pack. Shannon’s has the following annual fixed operating and marketing costs: Marketing...

  • Bubbly Beer (BB) is a monopoly manufacturer and distributor because of a government-granted monopoly. They make...

    Bubbly Beer (BB) is a monopoly manufacturer and distributor because of a government-granted monopoly. They make of a special kind of champagne-inspired beer that they call French Beer (FB). The annual market demand for FB is P = 205 - Q. The total cost function is C = 100 + 5Q + Q?. a) (15) Using calculus, derive the profit maximizing quantity of FB released on to the market, the monopolistic price in equilibrium, total revenues, total costs, and profit...

  • LAW OF ACCOUNTANTS Your client, Wholesaler, sold a large number of freezers to Retailer on credit....

    LAW OF ACCOUNTANTS Your client, Wholesaler, sold a large number of freezers to Retailer on credit. This occurred on May 1, 2017. Wholesaler had purchased these freezers from Manufacturer on March 1, 2017. Manufacturer had purchased the components from Supplier on November 1, 2016. Assume that each transaction is a credit sale and that every creditor timely filed a UCC-1 such that they are secured parties. A. Draw the picture of each and every transaction and explain each of these...

  • RPM manufactures racks for CDs. Costs are $8.10 per rack. A wholesaler buys CD racks from...

    RPM manufactures racks for CDs. Costs are $8.10 per rack. A wholesaler buys CD racks from RPM at $18.90 each, then sells them at $30.80 to retailers. The retailer sells the racks for $46.50 each to consumers. If the wholesaler decides to drop their price to the retailer by $5/unit and the retailer decides to base the retail price on markup instead of margin, but using the same percentage, what will be the final selling price to the consumer? (Below...

  • RPM manufactures racks for CDs. Costs are $8.10 per rack. A wholesaler buys CD racks from...

    RPM manufactures racks for CDs. Costs are $8.10 per rack. A wholesaler buys CD racks from RPM at $18.90 each, then sells them at $30.80 to retailers. The retailer sells the racks for $46.50 each to consumers. If the wholesaler decides to drop their price to the retailer by $5/unit and the retailer maintains the same margin % calculated in the previous question, what will be the price to the end customer for the CD rack now? (Below are the...

  • Based on your experience of the Beer Game, please conduct an essay including (not only) the...

    Based on your experience of the Beer Game, please conduct an essay including (not only) the following issues: Your experience in this game Any good/bad decisions you have made? What you have learned from this game Considering the real customer demand, what is the optimal inventory for you and your partners? (if custmoer's demand is 4 8 4 8 4 8......) What is the minimum total cost?

  • S11.9 Consider a three-firm supply chain consisting of a retailer, manufacturer, and supplie...

    S11.9 Consider a three-firm supply chain consisting of a retailer, manufacturer, and supplier. The retailer’s demand over an 8-week period was 100 units each of the first 2 weeks, 200 units each of the second 2 weeks, 300 units each of the third 2 weeks, and 400 units each of the fourth 2 weeks. The following table pre-sents the orders placed by each firm in the supply chain. Notice, as is often the case in supply chains due to economies...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT