Examlex
Which of the following is the best definition of generalized Fisher effect (GFE) .
Cost-Responsiveness Efficient Frontier
A concept in supply chain management indicating the optimal point where the cost of providing a certain level of responsiveness is minimized.
Supply Chain Efficiency
The optimization of a company's supply-side activities to maximize customer value and gain a competitive advantage in the market.
Responsiveness Spectrum
Describes the range of a company's ability to respond to changes in demand, supply chain disruptions, and market trends quickly and effectively.
Zone of Strategic Fit
A concept in supply chain management that emphasizes the alignment between the supply chain strategy and the competitive strategy of the company.
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