An Echo Usually Stays in the Sensory Registers for ________

question 138

Multiple Choice

An echo usually stays in the sensory registers for ________.

• A) 1/4 of a second
• B) one second
• C) several seconds
• D) 40 seconds

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Definitions:

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.

Responsiveness

The ability of an organization or system to quickly react to changes or needs within its environment or among its stakeholders.

Supply Chain

The network of all the individuals, organizations, resources, activities and technology involved in the creation and sale of a product, from the delivery of source materials from the supplier to the manufacturer, and eventually to the end user.