Question: Explain the Bullwhip effect - why is it important for managers to understand it (whether in Manufacturing or Service) - Explain how Covid Panic buying

Explain the Bullwhip effect - why is it important for managers to understand it (whether in Manufacturing or Service) - Explain how Covid Panic buying (toilet paper) caused a Bullwhip effect in a Supply Chain - how does this impact the manufacturer or retailer? What can they do to reduce the bullwhip effect?

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