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One Effective Method to Reduce the Bullwhip Effect in a Supply

question 6

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One effective method to reduce the bullwhip effect in a supply chain is to replace inventory with:


Definitions:

Cash Payment

The act of settling a debt or transaction by transferring money to another party.

Cash Account

A financial account that records cash transactions including receipts and payments.

Credit

A financial record that raises a liability or equity account, or reduces an asset or expenditure account.

Debit

A debit is an accounting entry that results in either an increase in assets or expenses or a decrease in liabilities or equity on a company's balance sheet.

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