The Phenomenon in Supply Chains Whereby Ordering Patterns Show Increasing

question 119

Multiple Choice

The phenomenon in supply chains whereby ordering patterns show increasing variances the further upstream you move in the supply chain is referred to as

• A) inventory pooling.
• B) postponement.
• C) forward placement.
• D) bullwhip effect.

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Definitions:

Operational Effectiveness

Refers to an organization's ability to perform activities more effectively and efficiently than its competitors, leading to superior performance.

Supply Chain

The entire system of production, handling, and distribution of goods from raw materials to final products to the consumer.

Production Time

The period required to manufacture or produce goods, from the start of the process to its completion.

Differentiation

The process of distinguishing a product or service from others to make it more attractive to a particular target market.