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If It Takes a Supplier Four Days to Deliver an Order

question 95

Multiple Choice

If it takes a supplier four days to deliver an order once it has been placed and the standard deviation of daily demand is 10,which of the following is the standard deviation of usage during lead time?


Definitions:

Indirect Marketing Channel

A distribution pathway that involves intermediaries such as wholesalers and retailers between the producer and the consumer.

Direct Marketing Channel

A marketing approach that allows businesses to communicate directly with the customer, with no intermediaries involved.

Quick Response System

A management strategy aimed at reducing lead times across the supply chain to respond swiftly to customer demands.

Marketing Philosophy

A fundamental belief or approach guiding the marketing strategy of a business, focusing on satisfying customer needs.

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