$7.$ Three Supply Chain Optimization Models

Three Supply Chain Optimization Models

The supply chain is only as strong as its weakest link. Companies use supply chain management metrics to measure the performance of supply chains to identify weak links quickly. The bullwhip effect occurs when distorted product$-$demand information ripples from one partner to the next throughout the supply chain. There are three optimization models that can be utilized to ensure the bullwhip effect does not exist.

The goal of this activity is for you to correctly identify the three optimization models.

Instructions: Match each optimization model to its correct definition.

Inventory Optimization Transportation and Logistics Optimization Supply Chain Optimization

Match each of the options above to the items below.