The Ability of a Supply Chain to Quickly Respond to Short-Term

question 51

Short Answer

The ability of a supply chain to quickly respond to short-term changes in demand or supply is called ________.

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Definitions:

Exam Mean

The average score derived from a set of examination results, indicating the overall performance of the examinees.

Mean Value

The average of a set of numbers, calculated by dividing the sum of all values by the number of values.

Category

A class or division of people or things regarded as having particular shared characteristics.

Mode

The value that appears most frequently in a set of data.