Author Question: Converting raw data into a more meaningful form is called A) capturing. B) processing. C) ... (Read 152 times)

clmills979

  • Hero Member
  • *****
  • Posts: 551
Converting raw data into a more meaningful form is called
 
  A) capturing.
  B) processing.
  C) organizing.
  D) feedback.
  E) analysis.

Question 2

What is the bullwhip effect in the context of supply chain management?
 
  What will be an ideal response?



mohan

  • Sr. Member
  • ****
  • Posts: 362
Answer to Question 1

B

Answer to Question 2

The bullwhip effect describes the distortions in a supply chain caused by changes in customer demand, resulting in large swings in inventory levels as the orders ripple upstream from the retailer to the distributor and manufacturer. Small fluctuations in retail sales trigger large swings in inventory levels, as the retailer sends orders to the distributor to replenish the stock, and the distributor follows up with orders to the manufacturer. As orders are filled and products shipped, inventory builds up in some places but shortages occur in others.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

For a complete list of videos, visit our video library