Examlex
Which of the following is a measure of the central tendency of a set of scores?
Bullwhip Effect
A phenomenon in supply chain management where small variations in demand at the retail level cause increasingly larger variations in demand at the wholesale, distributor, and manufacturer levels.
Shortage Gaming
Strategic behavior by participants in a supply chain who intentionally reduce their demand forecasts when they anticipate a shortage, in order to receive more stock than they would otherwise.
Demand Information
Data regarding the amount and timing of desired goods or services by the market or specific customers, crucial for supply chain and production planning.
Channel Coordination
The alignment and integration of strategies and activities across different distribution channels to optimize performance and deliver value to customers.
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