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HACTEHA [7]
3 years ago
5

The continuing cycle of erratic demand causing forecasts to include safety stock which in turn magnify supplier forecasts and ca

use production planning problems is known as______________.
Business
1 answer:
balandron [24]3 years ago
6 0

Answer:

The Bullwhip Effect

Explanation:

Bullwhip effect is a phenomenon that occurs in an organisation's channel of distribution due to swings or erratic demands for products by customers. This erratic nature of demands will usually lead to forecasting inefficiencies especially in meeting the demands through the supply chain.

A sudden increase in demand could lead to production planning problems because there might not be enough inventory of materials on ground to meet the demand. Also, a sudden decrease in demand can bring the challenge of excess inventory of materials which may not be needed for production for a while.

One of the measures taken to manage this erratic nature of demands is to ensure that whatever the forecasts for demands is, safety stock must be included to the forecast level of demand so as to ensure that production planning is adequate and the demands are met as well.

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b

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Banks channel money from savers to borrowers to _____. investors the government scarce resources
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Investors would be the answer 
8 0
3 years ago
Jai Li just lost her job, and she has not yet started looking for a new one. The Bureau of Labor Statistics counts Jai Li as Gro
zysi [14]

Answer:

neither in the labor force nor unemployed

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4 0
3 years ago
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Answer:

$483,000

Explanation:

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