1. The phenomenon of magnification of demand variability, as we move from the customer to the producer in the supply-chain, is referred to as the:
a. Postponement effect
b. Elasticity of demand
c. Bullwhip effect
d. Price deflator
e. Just-in-time approach
2. What factors do companies need to consider when sourcing product?
a. Material costs
b. Transportation cost
c. Production costs
d. Outsourcing costs
e. All of the above