Tying Allocation to Past Sales Removes Any Incentive a Retailer

question 93

True/False

Tying allocation to past sales removes any incentive a retailer may have to inflate orders,as a result dampening the bullwhip effect.

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Definitions:

Third Wave

Refers to the third phase of movement or development in a variety of contexts; in feminism, it denotes the era from the 1990s onwards focusing on individuality and diversity.

Democracy

A form of government in which power is vested in the hands of the people, either directly or through elected representatives.

Proportion

A mathematical concept describing the relationship between part of a whole and another part or between one part and the whole.

Social Inequality

The existence of unequal opportunities and rewards for different social positions or statuses within society.