Shortening the Material Pipeline in Terms of Time Between Suppliers

question 50

True/False

Shortening the material pipeline in terms of time between suppliers and a buyer can reduce the average amount of inventory in a system.

---

Definitions:

Secure Neighborhood

An area or community designed or protected in a way that minimizes the risk of crime, providing a safe environment for its residents.

Insurance

A financial product sold by insurance companies to protect individuals and businesses against potential future losses in return for a premium.

Low Risk

Low risk describes investments or decisions that have a minimal chance of losing value or causing harm.

Insurance With Deductibles

A type of insurance policy where the policyholder is required to pay a specified amount of loss before the insurance coverage begins paying out.