The Continuing Cycle of Erratic Demand Causing Forecasts to Include

question 10

Multiple Choice

The continuing cycle of erratic demand causing forecasts to include safety stock which in turn magnify supplier forecasts and cause production planning problems is known as:

• A) Supply chain management
• B) Process integration
• C) Back-shoring
• D) Bullwhip effect

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Definitions:

Change

The process or act of becoming different in form, nature, or quality, often implying improvement or evolution.

Organizational Change

Refers to the process by which organizations transform their structures, strategies, processes, cultures, or overall performance to adapt to internal or external pressures, enhancing their effectiveness and ensuring survival or growth.

Negative

Characterized by or expressing a lack of approval or support, often leading to adverse outcomes.

Imitate

To copy or mimic the actions, behaviors, or mannerisms of someone or something, often as a form of learning or homage.