Final answer:
The correct symbolization for BullWhip is (c) S > M > W > R. This symbolization represents that the standard deviation of demand increases as we move upstream from the retailer (R) to the wholesaler (W), manufacturer (M), and finally the supplier (S).
Step-by-step explanation:
The correct symbolization for BullWhip is (c) S > M > W > R. This symbolization represents that the standard deviation of demand increases as we move upstream from the retailer (R) to the wholesaler (W), manufacturer (M), and finally the supplier (S). In bullwhip effect, small changes in customer demand result in larger fluctuations in orders placed by each successive upstream member of the supply chain. This can lead to inefficient inventory management and increased costs.