One major problem affecting supply chains are ripple effects referred to as the ________ effect.

Question

Quizplus · Accepted Answer

The term "bullwhip effect" is used to describe the phenomenon where small changes in demand at the end of the supply chain can result in amplified fluctuations in demand further up the supply chain. This can lead to issues such as over- or under-production, inventory stockouts, and increased costs for all parties involved in the supply chain.

One Major Problem Affecting Supply Chains Are Ripple Effects Referred