Peter, Paul and Mary Have Just One Weekend to Climb

question 9

Multiple Choice

Peter, Paul and Mary have just one weekend to climb a famous mountain. Early on the first morning the weather does not look too good, and individually they know they can't climb that day. So they sit in their cabin to talk about what comes next. Five minutes later, they know. They will tackle the climb the next day, whatever the weather. This looks suspiciously like an instance of:

• A) diffusion of responsibility.
• B) conformity.
• C) follow-the-leader.
• D) groupthink.

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Definitions:

Phantom Demand

A phenomenon where perceived demand for a product exceeds the actual demand, often due to forecasting errors or miscommunication within the supply chain.

Supply Planning

The process of determining how best to meet future supply needs, taking into account production capacities, material availability, and demand forecasts.

Collaborative Planning

A strategy where multiple stakeholders work together in the planning process to improve supply chain efficiency and meet shared goals.

CPFR

Collaborative Planning, Forecasting, and Replenishment, a business practice that combines the intelligence of multiple trading partners in the planning and fulfillment of customer demands.