A Push-Based Strategy Works Well for Supply Chains That Focus

question 37

Multiple Choice

A push-based strategy works well for supply chains that focus on:

• A) lean production.
• B) the anticipation of demand or without knowledge of customer orders.
• C) work centers and offshore sourcing.
• D) the immediate delivery of off-the-shelf, low-cost, standardized goods.

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Definitions:

Barter System

An ancient method of exchange where goods and services are traded directly for other goods and services without using money.

Trade

The exchange of goods, services, or both between two or more parties, either within a country or across international borders.

Commodity Money

Anything that serves both as money and as a commodity; money that has intrinsic value such as gold or silver coins.

Double Coincidence

A situation in a barter system where two parties each hold an item the other wants, necessitating an exact match to complete an exchange.