An Activity That Is Performed to Support the Production of a New

question 130

Multiple Choice

An activity that is performed to support the production of a new custom-order product is a(n) :

• A)Product-level activity.
• B)Facility-level activity.
• C)Unit-level activity.
• D)Customer-support activity.
• E)Batch-level activity.

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Definitions:

Bullwhip Effect

A phenomenon in supply chain management where small fluctuations in demand at the retail level cause progressively larger fluctuations in demand upstream.

Supply Chain Relationships

The interactions and connections between various entities involved in the production and distribution of goods, from suppliers to customers.

Bullwhip Effect

The Bullwhip Effect describes the phenomenon where variability in consumer demand causes progressively larger fluctuations in demand experienced by upstream suppliers in a supply chain.

Efficient Frontier

In finance, a set of optimal portfolios that offer the highest expected return for a given level of risk or the lowest risk for a given level of expected return.