Which of the Following Statements Is NOT True Regarding Supply

question 28

Multiple Choice

Which of the following statements is NOT true regarding supply chain operations?

• A)All elements of the supply chain are interconnected and dependent on each other.
• B)Demand changes by the end user can create a bullwhip effect in the supply chain.
• C)With perfect information at all levels of the supply chain,there will not be a bullwhip effect.
• D)Time lags in the supply chain serve to create fluctuations in orders and inventories.

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Definitions:

Earned Income

Money received for work performed such as wages, salaries, or professional fees.

Tax Credit

A direct reduction in tax liability (not merely a reduction of taxable income) that taxpayers receive for certain expenditures or investments.

Taxpayers

Individuals or entities that are required to pay taxes to a government authority, based on income earned or property owned.

Official Poverty Line

A monetary threshold under which an individual or family is considered to be living in poverty, as defined by government statistics.