Homework 3 (due by end of day on June 21, 2016) - this assignment is worth 4 course points

Question 1 - What are the eight key supply chain business processes, and why are they important for managing supply chains? (about one page)

Question 2 - What is internal supply chain? Why don't some firms have internal supply chains? Why? Give an example of a firm that does not have an internal supply chain.

Question 3: Consider two bakery chains - A and B. Bakery A and its supply chain are in the business of baking bread, and selling it to consumers. Bakery B and its supply chain are in the business of making wedding cakes. Which of these supply chains is likely to suffer more the detrimental effects of bullwhip phenomenon? Explain your reasoning (about half a page)

Question 4 Explain what steps a company can take to mitigate the detrimental effects of bullwhip phenomenon (about one and a half page to two)