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Question 12 (1 point) Consider the following supply chain that is consist of three firms (distributor, wholesaler, and retailer). The direct of arrow represents the flow of goods. Distributor Wholesaler Retailer Consumers The following chart shows the flucturation in order sizes placed by the three firms (solid line: distributor, dashed line: wholesaler, dotted line: retailer). The horizontal axis represents time and the vertical axis represents order size. We can conclude that: Order sizes by the retailer, wholesaler and distributor 2000 1500 Order size 1000 500 0 0 5 25 30 10 15 20 Order placed over time Retailer --Wholesaler Distributor O Bullwhip effect is present Dampening effect is present