Local Optimization Is a Supply-Chain Complication Best Described as

question 132

Multiple Choice

Local optimization is a supply-chain complication best described as

• A) optimizing one's local area without full knowledge of organizational needs
• B) obtaining very high production efficiency in a decentralized supply chain
• C) the prerequisite of global optimization
• D) the result of supply chains built on suppliers with compatible corporate cultures
• E) the opposite of the bullwhip effect

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Definitions:

Normative Social Influence

External social pressures that drive us to adjust ourselves in efforts to be embraced and approved by others.

Group Polarization

The phenomenon where a group of individuals tends to make decisions that are more extreme than the initial inclination of its members.

Approval

The act of accepting or consenting to something, often given formally or officially.

Learner

An individual who is acquiring knowledge or skill through study, experience, or being taught.