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List the Three Types of Performance Criteria

question 67

Essay

List the three types of performance criteria.


Definitions:

Uncertain Demand

The unpredictability of customer demand due to various factors such as market trends, seasonality, and economic conditions.

Supply Chain

A network of businesses and activities involved in the creation and delivery of a product or service from the raw material stage through to the end customer.

Scope of Strategic Fit

Concerns the alignment between a company's operational capabilities and its strategic goals, ensuring that operations are geared towards achieving long-term objectives.

Supply Chain

A series of steps involved in getting a product or service from the supplier to the customer, encompassing production, handling, storage, and distribution.

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