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What criteria should be included in evaluating a project?
Cost-Responsiveness Efficient Frontier
An analytical concept in supply chain management that shows the trade-off between the cost of a supply chain and its responsiveness to customer demands.
Responsiveness
The ability of a business or system to quickly and effectively adapt to changes in demand or conditions.
Cost Performance
An evaluation metric measuring how efficiently a project, process, or company utilizes its resources in relation to planned versus actual costs.
Supply Uncertainty
The risk of interruptions or variability in the availability of goods or materials required for production.
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