Asked by David Crouch on Jul 05, 2024

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An organization has made errors in estimates of human resource supply that have become amplified as those errors are compounded along the supply chain.What term defines this occurrence?

A) projection errors
B) bullwhip effect
C) prediction errors
D) predetermination effect

Bullwhip Effect

A phenomenon in supply chain management where small changes in demand at the consumer end cause larger magnifications in demand upstream.

Human Resource Supply

The availability of individuals with the skills and qualifications required to meet the labor needs of employers.

  • Understand the consequences of inaccuracies in assessing the supply of human capital and methods to reduce these inaccuracies.
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Fikriyah Aqilah Mohd FadhliJul 08, 2024
Final Answer :
B
Explanation :
The description of errors being compounded along a supply chain suggests the occurrence of the bullwhip effect, which refers to the increasing variance in demand forecasts as information moves upstream in a supply chain. In this case, errors in human resource supply estimates may be magnified as they move between different levels of the organization or across departments. Projection errors, prediction errors, and predetermination effect do not accurately capture this phenomenon.