"Time Compression Diseconomies" Means

question 9

Multiple Choice

"Time compression diseconomies" means:

• A)Being unable to achieve sufficient volume in a short time-scale.
• B)The extra costs incurred by a second or subsequent mover attempting to quickly catch up the critical mass of a first-mover's key resources.
• C)The costs of employing extra staff and paying overtime which make a project uneconomic.
• D)Not achieving an economic production level due to lost time e.g. because of a strike.

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Definitions:

Bullwhip Measure

A metric used to quantify the increase in fluctuation at higher tiers of a supply chain caused by small changes in demand at the consumer end.

Bullwhip Effect

A phenomenon in supply chains where minor fluctuations in demand at the retail level cause progressively larger fluctuations in demand at the wholesaler, manufacturer, and supplier levels.

Bullwhip Effect

An occurrence within supply chain management where minor changes in retail demand lead to increasingly significant changes in demand for wholesalers, distributors, and manufacturers.

Dampening

The process of reducing the amplitude or intensity of fluctuations or oscillations in a system or signal.