Problem 1:
A) How can a firm use pricing to change demand patterns? B) Why would a firm offer pricing promotions in its peak demand periods?
Problem 2:
A) Explain the bullwhip effect and its impact on supply chain performance? B) List obstacles that hinder coordination in a supply chain. How can blockchain technologies help with uncertainties within the supply chain?
Problem 3:
A) What is a lot or batch size? Explain? B) What is cycle inventory? Give an example. C) What is the primary role of cycle inventory? D) What is the primary role of cycle inventory in a supply chain?