____________Systems Require a Supplier Base That Is Capable, Reliable, and Physically

question 38

Multiple Choice

____________systems require a supplier base that is capable, reliable, and physically close.

• A) Inventory management
• B) Just-in-time
• C) Supply management
• D) None of the above

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Definitions:

Physiological Needs

Basic physical requirements for human survival, such as food, water, shelter, and sleep, posited as the foundation of Maslow's hierarchy of needs.

Abraham Maslow

A psychologist best known for creating Maslow's hierarchy of needs, a theory in psychology explaining human motivation.

Total Quality Management

A management approach focused on continuous improvement of processes in products and services, aiming for long-term success through customer satisfaction.

Decision-Making Power

The authority to make choices or determine courses of action within an organization or group, often held by leaders or decision-makers.