ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Bullwhip Effect could be triggered by the following factor:
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Different information used by each stakeholder
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Rationing and shortage game
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Lot sizing in procurement and production
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All are correct
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Explanation:
Detailed explanation-1: -Distorted information from one end of a supply chain to the other can lead to tremendous inefficiencies: excessive inventory investment, poor customer service, lost revenues, misguided capacity plans, ineffective transportation, and missed production schedules.
Detailed explanation-2: -Complex supply chain. Supply chains involving many touchpoints and players tend to get complex. Miscommunication. Consumer demand. Long lead times. Price fluctuations. 07-Sept-2022
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