Bull-Whip effect in the Steamship industry causes

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Question

The Bull-Whip effect in the Steamship industry causes which of the following effects? Alternating years of big profits and big losses by steamship companies Service to be very poor when rates are at their highest Service to be very good when rates are at their highest Carriers continue to reduce capacity even while customer demand is rising Carriers continue to add capacity while customer demand is falling.

Reference no: EM133739607

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