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Which of the following statements is true of the bullwhip effect?
Valid Assumptions
Assumptions that are logically justified and supported by evidence or sound reasoning.
Historical Data
Information from the past used for research, analysis, and planning by providing context or comparison for current conditions or forecasts.
Alternative Contingencies
Different or backup plans developed to address potential future events or circumstances that may impact objectives.
Uncertainty
The state of being unsure of something or the lack of predictability in potential outcomes.
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