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Nabisco, a biscuit manufacturing company, learned that health-conscious consumers preferred lower fat snack and lower-carbohydrate foods. At the same time, the company saw sales of such products slumping and was careful not to launch any new varieties of these products for a while. Which of the following best describes this biscuit company's action?
Mix Flexibility
The ability of a manufacturing system to efficiently produce a variety of products in varying volumes.
Negative NPV
A situation where the net present value (NPV) of an investment is less than zero, indicating it may lose money rather than gain.
Network Design
Network Design in supply chain management involves the strategic planning of a logistics network to optimize the flow of goods, information, and resources.
Chained Network
A complex series of interconnected nodes or entities, typically describing a logistics or delivery network.
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