The Business Value of an Effective Supply Chain Management System

question 51

Multiple Choice

The business value of an effective supply chain management system includes all of the following except:

• A)faster time to market.
• B)cost reduction.
• C)supply matched to demand.
• D)improved delivery service.
• E)increased inventory levels.

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Definitions:

Sample Frame

A list or database from which a sample is drawn for research, representing the larger population intended to be analyzed.

Research Design

The framework or plan for a study that guides the collection and analysis of data, determining the type, sources, and methods of data gathering and analysis.

Data Analysis Decisions

The process of systematically applying statistical and logical techniques to describe, illustrate, condense, recap, and evaluate data.

Sampling Plan

A strategy that specifies how samples will be collected from a population for research purposes.