Examlex
Define the concept of "resilience."
Bullwhip Effect
A phenomenon in supply chains where small variations in demand at the consumer level cause increasingly larger variations in demand upstream.
Multiple Forecasts
The use of various predictive models or methods to project future situations or trends in different scenarios.
Replenishment Decisions
The process of determining when and how much inventory to restock to meet customer demand while optimizing inventory levels.
Pricing Strategies
Strategies used by companies to determine the best price for their products or services, aiming to maximize profitability.
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