Examlex
Which of the following describes a belief of family systems theory?
Probability
The measure of the likelihood that an event will occur, quantified as a number between 0 and 1.
Bullwhip Effect
A phenomenon in supply chains where small fluctuations in demand at the retail level cause progressively larger fluctuations in demand at the wholesale, distributor, and manufacturer levels.
Order Size
The quantity of goods a company purchases or produces in a single order to meet its demand while minimizing costs.
Disaster Risk
The likelihood of loss of life, injury, or destruction and damage from a disaster in a given period.
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