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11 Apr 2018

Consider the supply chain for canned peaches sold by a major food processing company. What are the sources of uncertainty in this supply chain?

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Lelia Lubowitz
Lelia LubowitzLv2
12 Apr 2018

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Related questions

Which of the following statements is an example of perfectly elastic demand​?

A. Sherry is overwhelmed with buyers of her peaches when she lowers their price by a penny a pound compared to other sellers in the farmers' market

B. The price elasticity of demand for bottled water in Ohio is 1.5 while in Illinois it is 0.96

C. A 10 percent rise in Rita's income decreases the supply of canned fish by 5 percent.

D. A high incidence of diabetes has resulted in a large increase in demand for insulin.

Which of the following statements regarding supply chains is most accurate? 
 
(i) The most common form of the supply chain is the collaborative-response efficiency strategy.
(ii) In order for a supply chain to work effectively, key decisions should be made by a third-party logistics provider.
(iii) The longer the supply chain the greater the economies of scale and the better the profit margins.
(iv) Supply chains should consider the needs of consumers provided those needs are consistent with marketing strategies.
(v) Supply chain managers often need to make trade-offs between efficiency and responsiveness.

Explain the following questions in 3-4 sentences each.

1) You have been appointed to the position of supply chain manager for a retailer with shops in Europe and sources of supply in Asia. How would you go about developing a procurement strategy for this company?

2) Describe the concept of ethical sourcing. Discuss the challenges that a procurement manager might have in managing this concept.

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