Due to small change in customer demands, inventory oscillations become progressively larger looking through supply chain, known as
(A) Bullwhip effect
(B) Netchain analysis
(C) Reverse logistics
(D) Reverse supply chain
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Answer:
reverse supply chain
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Due to small changes in customer demands, inventory oscillations become progressively larger looking through the supply chain, known as (A) Bullwhip Effect.
• The other name for The bullwhip effect is also known as the Forrester effect.
• The bullwhip effect is said to be a phenomenon in which demand forecasts yield the problems of the supply chain and its inefficiencies.
• Bullwhip Effect refers to the movement in the supply curve in response to the shifts in consumer demand as it moves further up causing the supply chain to move.
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