The Bullwhip Effect Can Occur When Orders Decrease as Well

question 90

True/False

The bullwhip effect can occur when orders decrease as well as when they increase.

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Definitions:

Percent

A part per hundred ratio, a way of expressing a number as a fraction of 100.

Decimal

A number representing a fraction or a whole number using a point to separate the whole part from the fractional part.

Fraction

A mathematical expression representing the division of one integer by another, written in the form \(a/b\).

Ratio

A mathematical expression that compares two or more quantities, showing the relative sizes of two or more values.