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HPC 102 FINALS

HPC 102 FINALS
27問 • 1年前
  • Leah Jean Better
  • 通報

    問題一覧

  • 1

    "the process of contracting with the most suitable expert third party service provider" It is the operational transfer of one or more business processes from an origin company to an external provider who then becomes accountable for the outcome of the agreed tasks.

    outsourcing

  • 2

    is an organization's use of third-party businesses to outsource elements of its distribution, warehousing, and fulfilment services

    third party logistics

  • 3

    Is a strategy whereby a company owns or controls its suppliers, distributors or retail locations to control its value or supply chain. It benefits companies by allowing them to control process, reduce costs and improve efficiencies.

    vertical integration

  • 4

    The traditional participants in supply chains are

    producers, logistics providers, distributors, and retailers.

  • 5

    broad array of Internet-based services providing a range of systems capabilities on a pay-as-you-go basis that previously required large investments in hardware and software

    cloud computing

  • 6

    organized groupings of data stored in electronic format, and business analytics read the data in databases to produce reports and alerts

    data base and business analytics

  • 7

    First functional area is composed of systems and technology that create high speed data capture and communications networks. We look at: The Internet Broadband EDI XML

    data capture and data communication

  • 8

    The second functional area of an information system is composed of technology that stores and retrieves data.

    data storagw and retrieval

  • 9

    The most common type of database uses what is called

    relational database

  • 10

    store related groups of data in individual tables and provide for retrieval of data with the use of a standard language called structured query language (SQL)

    relational database

  • 11

    The third functional area of an information system is

    Data Manipulation and Reporting

  • 12

    involves the broad range of tools and techniques used to conduct business in a paperless environment. Hence it comprises electronic data interchange, e-mail, electronic fund transfers, electronic publishing, image processing, electronic bulletin boards, shared databases and magnetic/optical data capture

    electronic commerce

  • 13

    involves the swapping of business documents in a standard format from computer-to-computer. It presents the capability as well as the practice of exchanging information between two companies electronically rather than the traditional form of mail, courier, & fax.

    Electronic Data Interchange

  • 14

    states the name of product along with its manufacturing, tracking the moving items like elements in PC assembly operations and automobiles in assembly plants.

    barcode scanning

  • 15

    defined as a store comprising all the databases. It is a centralized database that is prolonged independently from the production system database of a company.

    data warehouse

  • 16

    is a business model that lets firms and individuals buy and sell things over the internet.

    e-commerce

  • 17

    Kind of business or commercial transaction that includes sharing information across the internet

    online business or E-business

  • 18

    —Is the ability to share relevant information among companies in a supply chain. This includes data such as: sales history and demand forecasts; inventory status; production schedules; production capacities; sales promotions; and transportation schedules.

    information integration

  • 19

    Refers to the joint participation of companies in a supply chain in the demand forecasting and inventory replenishment scheduling. It also includes the collaborative design, development, and bringing to market of new products.

    planning synchronization

  • 20

    is the streamlining and automation of ongoing business activities across companies in a given supply chain. This includes activities such as purchasing and product design.

    work flow coordination

  • 21

    Can emerge as a result of supply chain integration made possible by the Internet. Roles and responsibilities of companies in a supply chain can be redesigned so that each company can truly concentrate on the activities that are its core competencies.

    new business models

  • 22

    refers to transactions take place between business and end-user consumers.

    B2C e-commerce

  • 23

    Refers to online transactions between business and other businesses.

    B2B e-commerce

  • 24

    Refers to erratic shifts in orders up and down the supply chain because of poor demand forecasting, price fluctuation, order batching, and rationing within the chain.

    bullwhip effect

  • 25

    are upward or downward swings in the prices of products in an economy.

    price fluctuation

  • 26

    curs when each member takes order quantities it receives from its downstream customer and rounds up or down to suit production constraints such as equipment setup times or truckload quantities.The more members who conduct such rounding of order quantities, the more distortion occurs of the original quantities that were demanded.

    order batching

  • 27

    is the automation of the purchase process (using specialized tools for the effect), in the access to suppliers catalogues in real time and having the Internet as the main communication channel.

    e-procurement

  • Reed finals

    Reed finals

    Leah Jean Better · 28問 · 2年前

    Reed finals

    Reed finals

    28問 • 2年前
    Leah Jean Better

    Macro Perspective of Tourism (exam)

    Macro Perspective of Tourism (exam)

    Leah Jean Better · 81問 · 2年前

    Macro Perspective of Tourism (exam)

    Macro Perspective of Tourism (exam)

    81問 • 2年前
    Leah Jean Better

    Art Appreciation reviewer

    Art Appreciation reviewer

    Leah Jean Better · 56問 · 2年前

    Art Appreciation reviewer

    Art Appreciation reviewer

    56問 • 2年前
    Leah Jean Better

    Organization and Management (exam)

    Organization and Management (exam)

    Leah Jean Better · 81問 · 2年前

    Organization and Management (exam)

    Organization and Management (exam)

    81問 • 2年前
    Leah Jean Better

    organization and management 2

    organization and management 2

    Leah Jean Better · 8問 · 2年前

    organization and management 2

    organization and management 2

    8問 • 2年前
    Leah Jean Better

    Macro (1)

    Macro (1)

    Leah Jean Better · 17問 · 2年前

    Macro (1)

    Macro (1)

    17問 • 2年前
    Leah Jean Better

    PE 3 exam prelim

    PE 3 exam prelim

    Leah Jean Better · 8問 · 2年前

    PE 3 exam prelim

    PE 3 exam prelim

    8問 • 2年前
    Leah Jean Better

    EPP PRELIM

    EPP PRELIM

    Leah Jean Better · 21問 · 2年前

    EPP PRELIM

    EPP PRELIM

    21問 • 2年前
    Leah Jean Better

    Macro tourism (1)

    Macro tourism (1)

    Leah Jean Better · 10問 · 2年前

    Macro tourism (1)

    Macro tourism (1)

    10問 • 2年前
    Leah Jean Better

    history reviewer

    history reviewer

    Leah Jean Better · 77問 · 2年前

    history reviewer

    history reviewer

    77問 • 2年前
    Leah Jean Better

    BUSCORE MIDTERM (LESSON 6-7)

    BUSCORE MIDTERM (LESSON 6-7)

    Leah Jean Better · 39問 · 2年前

    BUSCORE MIDTERM (LESSON 6-7)

    BUSCORE MIDTERM (LESSON 6-7)

    39問 • 2年前
    Leah Jean Better

    Macro Mid term reviewer😭😭

    Macro Mid term reviewer😭😭

    Leah Jean Better · 17問 · 2年前

    Macro Mid term reviewer😭😭

    Macro Mid term reviewer😭😭

    17問 • 2年前
    Leah Jean Better

    macro midterm reviewer 2😖

    macro midterm reviewer 2😖

    Leah Jean Better · 36問 · 2年前

    macro midterm reviewer 2😖

    macro midterm reviewer 2😖

    36問 • 2年前
    Leah Jean Better

    BUSCORE MIDTERM (LESSON 8)

    BUSCORE MIDTERM (LESSON 8)

    Leah Jean Better · 65問 · 2年前

    BUSCORE MIDTERM (LESSON 8)

    BUSCORE MIDTERM (LESSON 8)

    65問 • 2年前
    Leah Jean Better

    BUSCORE MIDTERM (LESSON 9)

    BUSCORE MIDTERM (LESSON 9)

    Leah Jean Better · 35問 · 2年前

    BUSCORE MIDTERM (LESSON 9)

    BUSCORE MIDTERM (LESSON 9)

    35問 • 2年前
    Leah Jean Better

    Arts Appreciation Midterm

    Arts Appreciation Midterm

    Leah Jean Better · 45問 · 2年前

    Arts Appreciation Midterm

    Arts Appreciation Midterm

    45問 • 2年前
    Leah Jean Better

    EPP midterm

    EPP midterm

    Leah Jean Better · 20問 · 2年前

    EPP midterm

    EPP midterm

    20問 • 2年前
    Leah Jean Better

    ART APPRECIATION MAIN

    ART APPRECIATION MAIN

    Leah Jean Better · 53問 · 2年前

    ART APPRECIATION MAIN

    ART APPRECIATION MAIN

    53問 • 2年前
    Leah Jean Better

    PREAMBLES OF FAITH MIDTERM

    PREAMBLES OF FAITH MIDTERM

    Leah Jean Better · 34問 · 2年前

    PREAMBLES OF FAITH MIDTERM

    PREAMBLES OF FAITH MIDTERM

    34問 • 2年前
    Leah Jean Better

    history Finals

    history Finals

    Leah Jean Better · 10問 · 2年前

    history Finals

    history Finals

    10問 • 2年前
    Leah Jean Better

    Art Appreciation Finals

    Art Appreciation Finals

    Leah Jean Better · 49問 · 2年前

    Art Appreciation Finals

    Art Appreciation Finals

    49問 • 2年前
    Leah Jean Better

    Organization and Management Finals

    Organization and Management Finals

    Leah Jean Better · 100問 · 2年前

    Organization and Management Finals

    Organization and Management Finals

    100問 • 2年前
    Leah Jean Better

    Macho Finals

    Macho Finals

    Leah Jean Better · 86問 · 2年前

    Macho Finals

    Macho Finals

    86問 • 2年前
    Leah Jean Better

    Organization and Management 2 (Finals)

    Organization and Management 2 (Finals)

    Leah Jean Better · 44問 · 2年前

    Organization and Management 2 (Finals)

    Organization and Management 2 (Finals)

    44問 • 2年前
    Leah Jean Better

    Preambles

    Preambles

    Leah Jean Better · 6問 · 2年前

    Preambles

    Preambles

    6問 • 2年前
    Leah Jean Better

    HISTORY FINALS

    HISTORY FINALS

    Leah Jean Better · 15問 · 2年前

    HISTORY FINALS

    HISTORY FINALS

    15問 • 2年前
    Leah Jean Better

    LIFE AND WORKS OF RIZAL PRELIM (2ND SEM)

    LIFE AND WORKS OF RIZAL PRELIM (2ND SEM)

    Leah Jean Better · 58問 · 2年前

    LIFE AND WORKS OF RIZAL PRELIM (2ND SEM)

    LIFE AND WORKS OF RIZAL PRELIM (2ND SEM)

    58問 • 2年前
    Leah Jean Better

    Entreprenural Mind

    Entreprenural Mind

    Leah Jean Better · 36問 · 2年前

    Entreprenural Mind

    Entreprenural Mind

    36問 • 2年前
    Leah Jean Better

    Risk management

    Risk management

    Leah Jean Better · 27問 · 2年前

    Risk management

    Risk management

    27問 • 2年前
    Leah Jean Better

    ENVIRONMENTAL SCIENCE PRELIM

    ENVIRONMENTAL SCIENCE PRELIM

    Leah Jean Better · 41問 · 2年前

    ENVIRONMENTAL SCIENCE PRELIM

    ENVIRONMENTAL SCIENCE PRELIM

    41問 • 2年前
    Leah Jean Better

    STS FIRST SEM

    STS FIRST SEM

    Leah Jean Better · 35問 · 2年前

    STS FIRST SEM

    STS FIRST SEM

    35問 • 2年前
    Leah Jean Better

    ACCOUNTING

    ACCOUNTING

    Leah Jean Better · 65問 · 2年前

    ACCOUNTING

    ACCOUNTING

    65問 • 2年前
    Leah Jean Better

    RISK MANAGEMENT

    RISK MANAGEMENT

    Leah Jean Better · 20問 · 2年前

    RISK MANAGEMENT

    RISK MANAGEMENT

    20問 • 2年前
    Leah Jean Better

    LODGING

    LODGING

    Leah Jean Better · 15問 · 2年前

    LODGING

    LODGING

    15問 • 2年前
    Leah Jean Better

    ENVIRONMENTAL SCIENCE MID TERM

    ENVIRONMENTAL SCIENCE MID TERM

    Leah Jean Better · 12問 · 2年前

    ENVIRONMENTAL SCIENCE MID TERM

    ENVIRONMENTAL SCIENCE MID TERM

    12問 • 2年前
    Leah Jean Better

    Entrepreneurial Mind Mid term

    Entrepreneurial Mind Mid term

    Leah Jean Better · 43問 · 2年前

    Entrepreneurial Mind Mid term

    Entrepreneurial Mind Mid term

    43問 • 2年前
    Leah Jean Better

    ACCOUNTING MIDTERM

    ACCOUNTING MIDTERM

    Leah Jean Better · 68問 · 2年前

    ACCOUNTING MIDTERM

    ACCOUNTING MIDTERM

    68問 • 2年前
    Leah Jean Better

    RIZAL (MIDTERM)

    RIZAL (MIDTERM)

    Leah Jean Better · 57問 · 1年前

    RIZAL (MIDTERM)

    RIZAL (MIDTERM)

    57問 • 1年前
    Leah Jean Better

    LODGING

    LODGING

    Leah Jean Better · 91問 · 1年前

    LODGING

    LODGING

    91問 • 1年前
    Leah Jean Better

    STS MIDTERM

    STS MIDTERM

    Leah Jean Better · 59問 · 1年前

    STS MIDTERM

    STS MIDTERM

    59問 • 1年前
    Leah Jean Better

    Environmental Science

    Environmental Science

    Leah Jean Better · 45問 · 1年前

    Environmental Science

    Environmental Science

    45問 • 1年前
    Leah Jean Better

    IT MIDTERM

    IT MIDTERM

    Leah Jean Better · 85問 · 1年前

    IT MIDTERM

    IT MIDTERM

    85問 • 1年前
    Leah Jean Better

    RISK MIDTERM

    RISK MIDTERM

    Leah Jean Better · 23問 · 1年前

    RISK MIDTERM

    RISK MIDTERM

    23問 • 1年前
    Leah Jean Better

    Reed 2 midterm

    Reed 2 midterm

    Leah Jean Better · 20問 · 1年前

    Reed 2 midterm

    Reed 2 midterm

    20問 • 1年前
    Leah Jean Better

    lodging

    lodging

    Leah Jean Better · 21問 · 1年前

    lodging

    lodging

    21問 • 1年前
    Leah Jean Better

    RIZAL FINAL

    RIZAL FINAL

    Leah Jean Better · 27問 · 1年前

    RIZAL FINAL

    RIZAL FINAL

    27問 • 1年前
    Leah Jean Better

    IT FINAL

    IT FINAL

    Leah Jean Better · 18問 · 1年前

    IT FINAL

    IT FINAL

    18問 • 1年前
    Leah Jean Better

    ENTREP FINAL

    ENTREP FINAL

    Leah Jean Better · 19問 · 1年前

    ENTREP FINAL

    ENTREP FINAL

    19問 • 1年前
    Leah Jean Better

    STS FINAL

    STS FINAL

    Leah Jean Better · 30問 · 1年前

    STS FINAL

    STS FINAL

    30問 • 1年前
    Leah Jean Better

    ACCOUNTING FINAL

    ACCOUNTING FINAL

    Leah Jean Better · 26問 · 1年前

    ACCOUNTING FINAL

    ACCOUNTING FINAL

    26問 • 1年前
    Leah Jean Better

    LODGING FINAL

    LODGING FINAL

    Leah Jean Better · 46問 · 1年前

    LODGING FINAL

    LODGING FINAL

    46問 • 1年前
    Leah Jean Better

    REED 2 FINAL

    REED 2 FINAL

    Leah Jean Better · 21問 · 1年前

    REED 2 FINAL

    REED 2 FINAL

    21問 • 1年前
    Leah Jean Better

    Philippine Tourism Geography and Culture

    Philippine Tourism Geography and Culture

    Leah Jean Better · 59問 · 1年前

    Philippine Tourism Geography and Culture

    Philippine Tourism Geography and Culture

    59問 • 1年前
    Leah Jean Better

    Micro

    Micro

    Leah Jean Better · 71問 · 1年前

    Micro

    Micro

    71問 • 1年前
    Leah Jean Better

    THC 102

    THC 102

    Leah Jean Better · 35問 · 1年前

    THC 102

    THC 102

    35問 • 1年前
    Leah Jean Better

    Geography final

    Geography final

    Leah Jean Better · 16問 · 1年前

    Geography final

    Geography final

    16問 • 1年前
    Leah Jean Better

    MICRO FINAL

    MICRO FINAL

    Leah Jean Better · 57問 · 1年前

    MICRO FINAL

    MICRO FINAL

    57問 • 1年前
    Leah Jean Better

    QUALITY MANAGEMENT FINAL

    QUALITY MANAGEMENT FINAL

    Leah Jean Better · 31問 · 1年前

    QUALITY MANAGEMENT FINAL

    QUALITY MANAGEMENT FINAL

    31問 • 1年前
    Leah Jean Better

    geography final

    geography final

    Leah Jean Better · 70問 · 1年前

    geography final

    geography final

    70問 • 1年前
    Leah Jean Better

    T&H Marketing

    T&H Marketing

    Leah Jean Better · 50問 · 1年前

    T&H Marketing

    T&H Marketing

    50問 • 1年前
    Leah Jean Better

    Contemporary

    Contemporary

    Leah Jean Better · 57問 · 1年前

    Contemporary

    Contemporary

    57問 • 1年前
    Leah Jean Better

    BUSCORE 3

    BUSCORE 3

    Leah Jean Better · 77問 · 1年前

    BUSCORE 3

    BUSCORE 3

    77問 • 1年前
    Leah Jean Better

    HPC 101 kitchen essentials and basic food preparation

    HPC 101 kitchen essentials and basic food preparation

    Leah Jean Better · 48問 · 1年前

    HPC 101 kitchen essentials and basic food preparation

    HPC 101 kitchen essentials and basic food preparation

    48問 • 1年前
    Leah Jean Better

    HPC 103

    HPC 103

    Leah Jean Better · 47問 · 1年前

    HPC 103

    HPC 103

    47問 • 1年前
    Leah Jean Better

    THC 102

    THC 102

    Leah Jean Better · 36問 · 1年前

    THC 102

    THC 102

    36問 • 1年前
    Leah Jean Better

    BUSCORE MIDTERM

    BUSCORE MIDTERM

    Leah Jean Better · 63問 · 1年前

    BUSCORE MIDTERM

    BUSCORE MIDTERM

    63問 • 1年前
    Leah Jean Better

    HPC 103 MIDTERM

    HPC 103 MIDTERM

    Leah Jean Better · 57問 · 1年前

    HPC 103 MIDTERM

    HPC 103 MIDTERM

    57問 • 1年前
    Leah Jean Better

    GECC 104 CONTEMP MIDTERM

    GECC 104 CONTEMP MIDTERM

    Leah Jean Better · 59問 · 1年前

    GECC 104 CONTEMP MIDTERM

    GECC 104 CONTEMP MIDTERM

    59問 • 1年前
    Leah Jean Better

    Marketing

    Marketing

    Leah Jean Better · 93問 · 1年前

    Marketing

    Marketing

    93問 • 1年前
    Leah Jean Better

    HPC 102 Midterm

    HPC 102 Midterm

    Leah Jean Better · 46問 · 1年前

    HPC 102 Midterm

    HPC 102 Midterm

    46問 • 1年前
    Leah Jean Better

    HPC 101

    HPC 101

    Leah Jean Better · 61問 · 1年前

    HPC 101

    HPC 101

    61問 • 1年前
    Leah Jean Better

    HPC 101 (2)

    HPC 101 (2)

    Leah Jean Better · 32問 · 1年前

    HPC 101 (2)

    HPC 101 (2)

    32問 • 1年前
    Leah Jean Better

    Food cuts

    Food cuts

    Leah Jean Better · 17問 · 1年前

    Food cuts

    Food cuts

    17問 • 1年前
    Leah Jean Better

    MARKETING FINALS

    MARKETING FINALS

    Leah Jean Better · 77問 · 1年前

    MARKETING FINALS

    MARKETING FINALS

    77問 • 1年前
    Leah Jean Better

    BUSCORE FINALS

    BUSCORE FINALS

    Leah Jean Better · 56問 · 1年前

    BUSCORE FINALS

    BUSCORE FINALS

    56問 • 1年前
    Leah Jean Better

    HPC 101 FINALS

    HPC 101 FINALS

    Leah Jean Better · 62問 · 1年前

    HPC 101 FINALS

    HPC 101 FINALS

    62問 • 1年前
    Leah Jean Better

    HPC 103 FINALS

    HPC 103 FINALS

    Leah Jean Better · 49問 · 1年前

    HPC 103 FINALS

    HPC 103 FINALS

    49問 • 1年前
    Leah Jean Better

    CONTEMP

    CONTEMP

    Leah Jean Better · 47問 · 1年前

    CONTEMP

    CONTEMP

    47問 • 1年前
    Leah Jean Better

    PE

    PE

    Leah Jean Better · 10問 · 1年前

    PE

    PE

    10問 • 1年前
    Leah Jean Better

    food styling and design

    food styling and design

    Leah Jean Better · 39問 · 1年前

    food styling and design

    food styling and design

    39問 • 1年前
    Leah Jean Better

    MICE

    MICE

    Leah Jean Better · 66問 · 1年前

    MICE

    MICE

    66問 • 1年前
    Leah Jean Better

    THC 109 PRELIM

    THC 109 PRELIM

    Leah Jean Better · 48問 · 1年前

    THC 109 PRELIM

    THC 109 PRELIM

    48問 • 1年前
    Leah Jean Better

    MICE PRELIM

    MICE PRELIM

    Leah Jean Better · 35問 · 1年前

    MICE PRELIM

    MICE PRELIM

    35問 • 1年前
    Leah Jean Better

    Food styling Prelim

    Food styling Prelim

    Leah Jean Better · 8問 · 1年前

    Food styling Prelim

    Food styling Prelim

    8問 • 1年前
    Leah Jean Better

    問題一覧

  • 1

    "the process of contracting with the most suitable expert third party service provider" It is the operational transfer of one or more business processes from an origin company to an external provider who then becomes accountable for the outcome of the agreed tasks.

    outsourcing

  • 2

    is an organization's use of third-party businesses to outsource elements of its distribution, warehousing, and fulfilment services

    third party logistics

  • 3

    Is a strategy whereby a company owns or controls its suppliers, distributors or retail locations to control its value or supply chain. It benefits companies by allowing them to control process, reduce costs and improve efficiencies.

    vertical integration

  • 4

    The traditional participants in supply chains are

    producers, logistics providers, distributors, and retailers.

  • 5

    broad array of Internet-based services providing a range of systems capabilities on a pay-as-you-go basis that previously required large investments in hardware and software

    cloud computing

  • 6

    organized groupings of data stored in electronic format, and business analytics read the data in databases to produce reports and alerts

    data base and business analytics

  • 7

    First functional area is composed of systems and technology that create high speed data capture and communications networks. We look at: The Internet Broadband EDI XML

    data capture and data communication

  • 8

    The second functional area of an information system is composed of technology that stores and retrieves data.

    data storagw and retrieval

  • 9

    The most common type of database uses what is called

    relational database

  • 10

    store related groups of data in individual tables and provide for retrieval of data with the use of a standard language called structured query language (SQL)

    relational database

  • 11

    The third functional area of an information system is

    Data Manipulation and Reporting

  • 12

    involves the broad range of tools and techniques used to conduct business in a paperless environment. Hence it comprises electronic data interchange, e-mail, electronic fund transfers, electronic publishing, image processing, electronic bulletin boards, shared databases and magnetic/optical data capture

    electronic commerce

  • 13

    involves the swapping of business documents in a standard format from computer-to-computer. It presents the capability as well as the practice of exchanging information between two companies electronically rather than the traditional form of mail, courier, & fax.

    Electronic Data Interchange

  • 14

    states the name of product along with its manufacturing, tracking the moving items like elements in PC assembly operations and automobiles in assembly plants.

    barcode scanning

  • 15

    defined as a store comprising all the databases. It is a centralized database that is prolonged independently from the production system database of a company.

    data warehouse

  • 16

    is a business model that lets firms and individuals buy and sell things over the internet.

    e-commerce

  • 17

    Kind of business or commercial transaction that includes sharing information across the internet

    online business or E-business

  • 18

    —Is the ability to share relevant information among companies in a supply chain. This includes data such as: sales history and demand forecasts; inventory status; production schedules; production capacities; sales promotions; and transportation schedules.

    information integration

  • 19

    Refers to the joint participation of companies in a supply chain in the demand forecasting and inventory replenishment scheduling. It also includes the collaborative design, development, and bringing to market of new products.

    planning synchronization

  • 20

    is the streamlining and automation of ongoing business activities across companies in a given supply chain. This includes activities such as purchasing and product design.

    work flow coordination

  • 21

    Can emerge as a result of supply chain integration made possible by the Internet. Roles and responsibilities of companies in a supply chain can be redesigned so that each company can truly concentrate on the activities that are its core competencies.

    new business models

  • 22

    refers to transactions take place between business and end-user consumers.

    B2C e-commerce

  • 23

    Refers to online transactions between business and other businesses.

    B2B e-commerce

  • 24

    Refers to erratic shifts in orders up and down the supply chain because of poor demand forecasting, price fluctuation, order batching, and rationing within the chain.

    bullwhip effect

  • 25

    are upward or downward swings in the prices of products in an economy.

    price fluctuation

  • 26

    curs when each member takes order quantities it receives from its downstream customer and rounds up or down to suit production constraints such as equipment setup times or truckload quantities.The more members who conduct such rounding of order quantities, the more distortion occurs of the original quantities that were demanded.

    order batching

  • 27

    is the automation of the purchase process (using specialized tools for the effect), in the access to suppliers catalogues in real time and having the Internet as the main communication channel.

    e-procurement