The Distortions in a Supply Chain Caused by Changes in Customer

question 91

Multiple Choice

The distortions in a supply chain caused by changes in customer demand, resulting in large swings in inventory levels as the orders ripple upstream from the retailer to the distributor and manufacturer, is referred to as the ________.

• A)accelerator effect
• B)bullwhip effect
• C)loyalty effect
• D)local multiplier effect

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Definitions:

Valid Argument

An argument whose conclusion logically follows from its premises, such that if the premises are true, the conclusion must also be true.

False Conclusion

An incorrect outcome or deduction drawn from an argument, often due to faulty premises or reasoning.

Categorical Syllogism

A form of reasoning consisting of three propositions: a major premise, a minor premise, and a conclusion, each of which contains one of three terms appearing exactly twice across the three propositions.

Syllogism Figures

The different possible arrangements of the three terms in a syllogism, affecting the structure of the argument.