The bullwhip effect ______.
a. results from information distortion
b. is due to low elasticity of demand
c. is due to low elasticity of supply
d. results from too much information
a. results from information distortion
You might also like to view...
Which of the following could not be the appropriate method used in evaluating proposed capital investments
a. Net present value method b. Payback period method c. The carrying value of the department's equipment d. Accounting rate of return method
Which of the following is a recognized disadvantage of an LLC?
A) State statutes are not uniform. B) Members are not personally liable for the LLC's debts and obligations. C) The LLC has continuity beyond the death of a member or members. D) The LLC can include foreign investors.
As the exponential smoothing constant increases, the resulting forecast tends to?
a. Become less responsive to changes in the previous period’s demand b. Become more responsive to changes in the previous period’s demand c. Become neither more nor less responsive to changes in the previous period’s demand d. It is impossible to determine how the forecast will change due to changes in the smoothing constant
The Social Security program is funded by a tax paid by an employer, based on an employee's earnings.
Answer the following statement true (T) or false (F)