Examlex
Newer telephone circuits, built during the last decade, offer higher quality because they were built using analog transmission.
Standard Deviation
A measure of the amount of variation or dispersion of a set of values, used in statistics to quantify the variance from the mean.
Bullwhip Effect
The phenomenon where variations in demand at the retail level cause progressively larger fluctuations in demand at the wholesale, distributor, manufacturer, and raw material supplier levels.
Shortage Gaming
A strategy used in supply chain management where participants may exaggerate their needs to avoid stockouts, often leading to inefficiencies or distortions in supply chains.
Bullwhip Effect
A phenomenon in supply chain management where small fluctuations in demand at the retail level cause progressively larger fluctuations in demand at the wholesale, distributor, and manufacturer levels.
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