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The Bullwhip Effect Says That a Small Change in Demand

question 62

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The bullwhip effect says that a small change in demand downstream in the supply chain causes a large change in demand upstream.


Definitions:

Central Traits

Key characteristics of a person's personality that are considered fundamental to their behavior and identity.

Cardinal Trait

A personality characteristic that is so dominant in an individual's personality that it influences nearly every act; according to Gordon Allport’s theory of personality.

Ruling Passion

A dominant interest or driving force that significantly influences a person's decisions and actions throughout their life.

Common Traits

Traits possessed in some degree by all persons.

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