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Supply Chain Management and the Bullwhip Effect
Your boss was recently reading about supply chain management. During her reading, she came across the term bullwhip effect. She also asked you to put together a presentation about the bullwhip effect so that she could explain it to senior management.
Include the following in your presentation:
How does the bullwhip effect happen?
Why is the effect bad?
What can be done to reduce or eliminate the effect?
What are the key factors that determine when to add capacity and why would an organization want to reduce its capacity?
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An organization which creates many products with similar characteristics, like automobiles, television sets, or vacuum cleaners, would most likely be which of the following types of organizations.
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