-
What was our goal in the rootbeer game?
Get the lowest total cumulative cost for the entire chain.
-
In the rootbeer game, both inventory and backlogs incurred... costs.
weekly
-
In the rootbeer game,... was unknown, but we had... weeks of historical data to analyze.
future demand, 3
-
In the rootbeer game, shipments and orders took...-... weeks to reach the next player on the chain.
1-2,
-
In the rootbeer game, the timer began in week...
6
-
When the ordering patterns went up and then down in the rootbeer game it was called...
oscillation.
-
In the rootbeer game, the height of oscillations increased as you move away from the... and this was called...
end customer, amplification.
-
In the rootbeer game, the swings happened later in time as we moved away from the... and this was called...
end customer, lag.
-
The root cause of everyone doing differently in the rootbeer game was something called the...
black box.
-
What does CRP stand for?
Continuous Replenishment Program
-
What does CPR stand for?
Continuous Product Replenishment
-
What does VMI stand for?
Vendor-Managed Inventory
-
What does VMO stand for?
Vendor-Managed Ordering
-
The nation’s worst truck bottleneck was just announced for 2015. Which choke point won?
Atlanta (I-285 & 85 North)
-
The front of an 18-wheeler is called the... and the long back is called the...
tractor, trailer
-
The nation’s busiest passenger airport was just announced for 2015. Which airport won?
Atlanta (Hartsfield Jackson Int’l)
-
The nation’s busiest cargo airport was just announced for 2015. Which airport won?
Memphis, TN (MEM)
-
4 things in the rootbeer game that increases cost. (KNNE)
- 1. Keeping other areas of the chain a “black box” to other players
- 2. Nobody understanding the movement of goods
- 3. No pre-talking and just start playing
- 4. Everybody does what they think is best.
-
4 ways to decrease costs in the rootbeer game. (PSCP)
- 1. Procedure for handling week-to-week fluctuations
- 2. Single person on the team to controlling ordering decisions
- 3. Communicating
- 4. Players having a good understanding of chain movements
-
Mathematical models for inventory management have been studied intensely since...
World War II
-
Questions to ask when ordering product. (HWH)
- 1. How much?
- 2. When?
- 3. How do we minimize stock-out risk?
-
According to the Q,r policy, an order size of... is placed……whenever inventory position hits the...
Q, reorder point (r)
-
Did people prefer free shipping or fast shipping?
Free shipping
-
... had a higher increase in sales, but... had a higher increase in inventory.
Wal-Mart, Target
-
C(o) stands for...
cost of overage, cost of carrying one unit.
-
C(u) stands for... or...
cost of underage, cost of stocking out.
-
Formula for C(o).
purchase price + disposal cost
-
Formula for C(u).
sales price - purchase price
-
What 2 things happened in Ch. 32 of The Goal? (AJ)
- 1. Alex & Julie celebrate in Vegas
- 2. Julie models Socratic method
-
Ch. 33 of The Goal includes an...
update on characters and their new motivations.
-
What 2 things happened in Ch. 34 of The Goal? (AE)
- 1. Alex models Socratic method with team
- 2. Ends in aporia
-
Who said this and in what chapter?
“We’re looking to arrange the facts in some order. What type of order are we seeking? An arbitrary order that we superimpose externally on the facts, or are we trying to reveal an intrinsic order, an order that already exists there?”
Alex Rogo, Ch. 35
-
In Ch. 35 of The Goal it explains the need for a theory to ..., ..., ... (periodic table)
explain, predict, control
-
In The Goal, Ch. 36 includes what 2 things? (HA)
- 1. Hammering out a first draft theory
- 2. A process of ongoing improvement
-
What is the "restated" goal in The Goal?
To make more money now as well as in the future.
-
In "A New Level of Archery," the author says, "If you want to learn to shoot like a master archer, you have to... and start reading...”
unlearn what you’ve learned, historical manuscripts.
-
The (Usefulness of) the backquiver is a...
Hollywood myth.
-
War archers don’t... when they shoot.
stand still
-
The arrow is supposed to go on the... side of the bow.
right
-
Jonah told Alex that his first assignment was to find out...
what techniques were needed for effective management.
-
Ch. 37 of The Goal includes...
revision and clarification of the 5 focusing steps.
-
What 2 things happened in Ch. 38 of The Goal? (EA)
- 1. Elevating the mkt/sales constraint
- 2. Alex reads science in search of mgt. techniques
-
What does the theory of constraints say?
The rate of goal achievement by a goal-oriented system is limited by atleast one constraint.
-
Theory drives... and... drives...
behavior, behavior, results.
-
Theory is systematic...
thinking.
-
Policy is systematic...
behavior.
-
Strategy is systematic...
results.
-
The thinking processes deal with... (CUDF)
- 1. Core problems
- 2. Undesirable effects
- 3. Desirable effects
- 4. Future reality trees
-
What 3 things does the M3 report include? (SIO)
- 1. Shipments
- 2. Inventories
- 3. Orders
-
What does PMI stand for in a PMI report?
Purchasing Manager's Index
|
|
