The bullwhip effect is a phenomenon in which the variability in the size and timing of orders increases at each stage of the supply chain.

Question

Quizplus · Accepted Answer

The bullwhip effect is a well-documented phenomenon in supply chain management where the variability in the size and timing of orders increases at each stage of the supply chain. This is due to factors like forecasting errors, order batching, and gaming behavior, among others, which distort demand information as it progresses upstream in the supply chain. This can lead to several negative consequences, such as excess inventory, stockouts, poor customer service, and increased costs.

The Bullwhip Effect Is a Phenomenon in Which the Variability