Logistics is a term that refers to the management functions that support the complete cycle of material flow, from the purchase and internal control of production materials; to the planning and control of work-in-process; to the purchasing, shipping, and distribution of the finished product. True or False True False A financially driven reason for outsourcing is that it can turn fixed costs into variable costs. True or False True False The phenomenon that magnifies the variability in order quantities for goods as orders move through the supply chain from the customer to the producer is called the bullwhip effect. True or False True False A financially driven reason for outsourcing is that it can help gain access to new markets, especially in developing countries. True or False True False