An integrated approach to customer service needs to study the total retail experience

The bullwhip effect ________.

A) is not related to erratic consumer demand B) forces distributors, manufacturers, and suppliers to carry smaller inventories than necessary C) increases the overall profitability of the supply chain D) can be eliminated by restricting access to consumer-demand information from the retailer to only a few participants in the supply chain

In capital budgeting, the preferred approaches in assessing whether a project is acceptable are those that integrate time value of money, risk and return considerations, and valuation concepts to select capital expenditures that are consistent with

the firm's goal of maximizing owners' wealth. Indicate whether the statement is true or false