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:

Intuition

The ability to understand or know something immediately, without the need for conscious reasoning.

Schemas

Cognitive structures that help individuals organize and interpret information, based on their accumulated knowledge and expectations.

Social World

The social world refers to the sphere of human interaction and relationships, encompassing social norms, communities, and the structures of society.

Primed

The state of being mentally prepared or made more sensitive to certain stimuli or ideas, often used in psychological experiments to influence participants' responses.