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29 June, 13:14

In the absence of any other information or visibility, individual supply chain participants can begin second-guessing what is happening with ordering patterns, and potentially start over-reacting. This is known as?

A. Forecast Bias

B. The Bullwhip Effect

C. A Tracking Signal

D. The Running Sum of Forecast Errors

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Answers (1)
  1. 29 June, 15:06
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    b. The Bullwhip Effect

    Explanation:

    The Bullwhip Effect -

    It is the process, by which the any minute changes in the demand at the retail level can lead to the major fluctuations in the demand at the manufacturer, distributor, wholesale level, is referred to as the bullwhip effect.

    It is a type of supply chain process or the distribution channel process.

    Hence, from the given information of the question,

    The correct option is b. The Bullwhip Effect.
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