A Firm in the Higher Echelon of an Efficient Supply

question 75

Multiple Choice

A firm in the higher echelon of an efficient supply chain is likely to have

• A) high-capacity utilization.
• B) low inventory turns.
• C) high-capacity cushions.
• D) a flexible flow process.

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Definitions:

Internet Of Things

The network of physical devices, vehicles, and other items embedded with electronics, software, sensors, and network connectivity, enabling these objects to collect and exchange data.

Wireless Networks

Networking technology that allows computers and devices to communicate over a distance without the use of physical cables.

Learning Management System

A software application or web-based technology used to plan, implement, and assess a specific learning process.

Student Retention

The ability of an educational institution to keep its students enrolled from year to year, a key measure of the institution’s success and stability.