4 ms·
part of what happened is described by the bullwhip effect[0], where oscillations in supply and demand essentially resonate as they ripple through the whole dist
by clairity 6y ago
part of what happened is described by the bullwhip effect[0], where oscillations in supply and demand essentially resonate as they ripple through the whole distribution channel. in this case, the effect was created and amplified primarily by the car industry, and thus their culpability in the supply crunch across industries.
[0]: https://en.wikipedia.org/wiki/Bullwhip_effect https://en.wikipedia.org/wiki/Bullwhip_effect