Examlex
Which of the following statements is true?
Product Variety
Denotes the range of different products or variations thereof offered by a business, aiming to meet diverse customer needs and preferences.
Aggregate Planning
Involves developing, analyzing, and maintaining a preliminary, approximate schedule of the overall operations of an organization.
Demand Information
Data regarding customer requirements for products or services, used for planning production and inventory levels.
Bullwhip Effect
A phenomenon in supply chain management where small variations in demand at the retail level cause increasingly larger variations in demand at the wholesale, distributor, and manufacturer levels.
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