What is the bullwhip effect

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Reference no: EM132178646

1. What is the bullwhip effect and how does it occur in well-meaning supply chains? Provide an example.

2. What are some key benefits to supply chains from the Internet and big data (think RFID and personalized econometrics)? Can you think of any downsides?

3. What product characteristics would be necessary for a product to be able to have a supply chain that is simultaneously efficient and responsive?

Reference no: EM132178646

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