Discuss Database Entities and Attributes

question 40

Essay

Discuss database entities and attributes.

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Definitions:

Product Availability

The extent to which a product can be purchased or obtained at the time a customer is ready to buy.

Bullwhip Effect

A phenomenon in supply chains where small fluctuations in consumer demand cause progressively larger fluctuations in demand at wholesalers and manufacturers.

Boom And Bust Cycles

Economic phases characterized by periods of rapid expansion (boom) followed by periods of decline (bust), often due to supply and demand imbalances.

CPFR

Collaborative Planning, Forecasting, and Replenishment is a business practice where trading partners use joint business planning and a shared forecast to optimize supply chain efficiency.