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Use the figure below to answer the following questions. Figure 1A.1.1
-The graphs in Figure 1A.1.1 are examples of
Quick Response
A strategy aimed at improving the efficiency of supply chains by rapidly reacting to changes in demand.
Advantages
The benefits or favorable conditions that give an entity a superior position or competitive edge over others in its field.
Disadvantages
Negative aspects, drawbacks, or limitations associated with a situation, action, or decision.
Response
The reaction or reply to a stimulus, question, or situation, often used in contexts of customer feedback, marketing, or biological processes.
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