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Lucas is a 4th year student at Carleton studying psychology and is now considering more seriously his future and the career options he has. He is currently completing his undergraduate thesis (a big research project many psychology majors complete before they graduate) . Lucas' research is investigating how subjective feelings of fear activate the autonomic nervous system.
-While conducting his thesis,Lucas made sure that all his research methods were empirical in nature.This means that the conclusions he reached were based on _____________.
Bullwhip Measure
A metric used to quantify the increase in fluctuation at higher tiers of a supply chain caused by small changes in demand at the consumer end.
Bullwhip Effect
A phenomenon in supply chains where minor fluctuations in demand at the retail level cause progressively larger fluctuations in demand at the wholesaler, manufacturer, and supplier levels.
Bullwhip Effect
An occurrence within supply chain management where minor changes in retail demand lead to increasingly significant changes in demand for wholesalers, distributors, and manufacturers.
Dampening
The process of reducing the amplitude or intensity of fluctuations or oscillations in a system or signal.
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