Long-term boom and bust cycles that mimic the bullwhip effect include?
Understand the Problem
The question pertains to the 'bullwhip effect' in business and supply chain management. It asks to identify which of the given options exemplifies long-term boom and bust cycles similar to the bullwhip effect. This effect is characterized by increasing swings in inventory in response to shifts in consumer demand as you move further up the supply chain.
Answer
Calendars, greeting cards, and memory chips for personal computers are examples of long-term boom and bust cycles that mimic the bullwhip effect.
Long-term boom and bust cycles that mimic the bullwhip effect include calendars and greeting cards, and memory chips for personal computers.
Answer for screen readers
Long-term boom and bust cycles that mimic the bullwhip effect include calendars and greeting cards, and memory chips for personal computers.
More Information
The bullwhip effect is a supply chain phenomenon where small fluctuations in demand at the retail level cause progressively larger fluctuations in demand upstream (to wholesalers, distributors, manufacturers, and raw materials suppliers). This can lead to significant inefficiencies, including excess inventory, stockouts, and increased costs.
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