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What does the term "Bullwhip Effect" refer to?
  • a)
    Efficient inventory management
  • b)
    Stable supply chain operations
  • c)
    Unplanned demand oscillations
  • d)
    Consistent sales promotions
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
What does the term "Bullwhip Effect" refer to?a)Efficient in...
The "Bullwhip Effect" refers to the phenomenon where small fluctuations in customer demand lead to larger and more unpredictable oscillations in demand as they move up the supply chain, causing inefficiencies and disruptions.
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