Which of the following describes the bullwhip effect?
A)The value of a telecommunications network is proportional to the square of the number of connected users of the system.
B)The performance improvement to be gained from using some faster mode of execution is limited by the fraction of the time the faster mode can be used.
C)The variability in the size and timing of orders increases at each stage up the supply chain, from customer to supplier.
D)New classes create new applications resulting in new markets and new industries.

Question

Quizplus · Accepted Answer

The bullwhip effect is a phenomenon that occurs when the variability in the size and timing of orders amplifies as it moves up the supply chain. This can lead to fluctuations in inventory levels, excess costs, and reduced efficiency.

Which of the Following Describes the Bullwhip Effect