What Is the Bullwhip Effect in Supply Chains

question 74

Multiple Choice

What is the bullwhip effect in supply chains?

• A)It is the point at which the total cost is equal to the total revenue.
• B)It is a technique applied to manage projects in a supply chain.
• C)It is the sharing of data on a continuous basis between the supplier and customer.
• D)It is the increasing upstream supply chain variation resulting from forecasts in a supply chain.

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Definitions:

Behavior

Behavior refers to the actions or reactions of an organism, usually in relation to its environment, which can be observed and measured externally.

Hormones

Chemical messengers secreted by endocrine glands, traveling through the bloodstream to affect various physiological processes and behavior.

Problem Solve

The method of identifying answers to challenging or intricate problems.

Kohler

Wolfgang Köhler, a psychologist who was a key figure in the development of Gestalt psychology, focusing on perception and problem-solving in humans and animals.