The Bullwhip Effect Is a Result of Collaborative Forecasting and Planning

question 32

True/False

The bullwhip effect is a result of collaborative forecasting and planning.

---

Definitions:

Acquisition

The process of learning or obtaining something, such as skills, knowledge, or possessions.

Extinction

The process in which a conditioned response gradually diminishes and eventually disappears as the conditioned stimulus is repeatedly presented without the unconditioned stimulus.

Spontaneous Recovery

The reemergence of a previously extinguished conditioned response after a pause.

Classical Conditioning

A teaching process in which two stimuli are repetitively paired; a response first initiated by the second stimulus eventually becomes initiated by the first stimulus alone.