Which of the following describes the bullwhip effect?

A) The value of a telecommunications network is proportional to the square of the number of connected users of the system.
B) The performance improvement to be gained from using some faster mode of execution is limited by the fraction of the time the faster mode can be used.
C) The variability in the size and timing of orders increases at each stage up the supply chain, from customer to supplier.
D) New classes create new applications resulting in new markets and new industries.

C) The variability in the size and timing of orders increases at each stage up the supply chain, from customer to supplier.

Business

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In 1958, in response to the Soviet Union's launch of Sputnik, the U.S. Department of Defense established the Advanced Resource Projects Agency (ARPA)

Indicate whether the statement is true or false

Business

System ________ refers to the process of changing business activity from an old informationsystem to a new system

A) definition B) testing C) analysis D) conversion

Business