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Major sources of uncertainty in supply chain decisions include demand variability, which can lead to fluctuations in inventory levels, and supply disruptions caused by factors like natural disasters or geopolitical events. Additionally, changes in market conditions, such as shifts in consumer preferences or economic downturns, can impact pricing and availability. Finally, uncertainty in lead times and production capacity can complicate planning and forecasting, making it challenging to align supply with demand effectively.
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Consider the supply chain for canned peaches sold by major food processing company What are the sources of uncertainty in this supply chain?
The sources of uncertainty in this example include: 1. Factors such as weather conditions, diseases, natural disasters cause uncertainty in availability of raw materials, i.e., peach crop. 2. Uncertain lead times during transportation of crop from the held to the processing facility may affect the quality of peaches, e.g., they may get spoiled. 3. Processing times in the plant, as well as the subsequent warehousing and transportation times are subject to uncertainty. 4. Demand is not known in advance.
What is the consequences of consumer economic decisions in a free enterprise economy?
In a free enterprise economy, the consumer economic decisions can affect the price and supply of a commodity. When the consumers show interest in a product (demand), there will be an increase in the number of producers willing to supply it.
What is Implied demand uncertainty?
Implied demand uncertainty is resulting uncertainty for only the portion of the demand that the supply chain plans to satisfy and the attributes to the customer desires.
What does GDP affect?
GDP is a measure, a better question is what affects GDP. GDP is, specifically a measure of a country's production. A higher GDP signals growth, efficient production, it may affect policy decisions, it may affect Federal Reserve decisions (money supply and interest rate, target inflation rate etc.)
How does scarcity impact economic decisions?
Supply and demand. When the supply is low the price usually goes up.
How do technologies affect our economic decisions?
the consumer economic decisions can affect the price and supply of a commodity
Consider the supply chain for canned peaches sold by major food processing company What are the sources of uncertainty in this supply chain?
The sources of uncertainty in this example include: 1. Factors such as weather conditions, diseases, natural disasters cause uncertainty in availability of raw materials, i.e., peach crop. 2. Uncertain lead times during transportation of crop from the held to the processing facility may affect the quality of peaches, e.g., they may get spoiled. 3. Processing times in the plant, as well as the subsequent warehousing and transportation times are subject to uncertainty. 4. Demand is not known in advance.
What is the consequences of consumer economic decisions in a free enterprise economy?
In a free enterprise economy, the consumer economic decisions can affect the price and supply of a commodity. When the consumers show interest in a product (demand), there will be an increase in the number of producers willing to supply it.
What is Implied demand uncertainty?
Implied demand uncertainty is resulting uncertainty for only the portion of the demand that the supply chain plans to satisfy and the attributes to the customer desires.
What are the main sources of manpower supply for an organization?
Sources of mnanpower supply
What does GDP affect?
GDP is a measure, a better question is what affects GDP. GDP is, specifically a measure of a country's production. A higher GDP signals growth, efficient production, it may affect policy decisions, it may affect Federal Reserve decisions (money supply and interest rate, target inflation rate etc.)
How does scarcity impact economic decisions?
Supply and demand. When the supply is low the price usually goes up.
How does productivity affect supply?
no
What are the main sources of water supply in Istanbul?
The main sources of water supply in Istanbul are the Omerli and Terkos reservoirs, as well as the Melen River. These sources provide water to the city's residents for their daily needs.
How does subsidy affect supply?
It decreases cost of production and increases supply.
Who should decide what types of energy sources should be developed?
Natural renewable energy sources are wind and solar mainly, tidal and waves may be developed as well. 5.7 Energy decisions are influenced by social factors. Questions of ethics, morality, and social norms affect energy decision-making at all levels. Social factors often involve economic, political, and environmental factors.Our energy supply comes mainly from fossil fuels, with nuclear power and renewable sources rounding out the mix. These sources originate mostly in our local star, the Sun.
Which of these can affect the economy by increasing or decreasing the money supply?
The Federal Reserve Board can affect the economy by increasing or decreasing the money supply.
