Variability in Demand in the Supply Chain Is Amplified as Orders

question 50

Multiple Choice

Variability in demand in the supply chain is amplified as orders move up the supply chain. This phenomenon is called __________.

• A) Market shifts
• B) The bullwhip effect
• C) Continuous replenishment
• D) Demand forecasting

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Definitions:

Computer

An electronic device capable of processing, storing, and retrieving data, used for a wide range of tasks from computing to entertainment.

Double-Entry Bookkeeping System

An accounting technique which records each transaction in two accounts, ensuring the total debits equal total credits.

Fully Integrated Ledger System

A fully integrated ledger system is an accounting system where all the different financial and accounting records are comprehensively interconnected and maintained within a single framework.

Financial Transactions

The process of exchanging assets, settling debts, or conducting monetary dealings between parties.