What Led to the Erosion of Rail Dominance in U

question 9

Multiple Choice

What led to the erosion of rail dominance in U.S.transportation?

• A) Passenger air service in the 1920s
• B) Government funded construction of roads
• C) Steel price increase
• D) Coal price increase

---

Definitions:

Smoothing

A technique used to remove variability or fluctuations in data or a process, often to reveal underlying trends.

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.

Shortage Gaming

Strategic behavior by participants in a supply chain who intentionally reduce their demand forecasts when they anticipate a shortage, in order to receive more stock than they would otherwise.

Demand Information

Data regarding the amount and timing of desired goods or services by the market or specific customers, crucial for supply chain and production planning.