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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:

Altruism

A special form of helping behavior, sometimes costly, that shows concern for fellow human beings and is performed without expectation of personal gain.

Helping Behaviour

Acts that intentionally benefit someone else.

Expensive Donations

Large or costly contributions made to support a cause, organization, or individual.

Altruistic Behaviour

Actions taken to benefit others without expecting anything in return, often at a cost to oneself.

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