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Uncertainty Reduction
The process of decreasing the amount of uncertainty and variability in supply chain management through better planning, forecasting, and communication.
Optimize Performance
The process of making something as effective or functional as possible, often through careful adjustments or improvements.
Consumer Surplus
The difference between the total amount that consumers are willing and able to pay for a good or service and the total amount that they actually pay.
Product Value
The worth of a product perceived by the customer, often influenced by quality, functionality, and brand reputation.
Q3: Which among the following is not the
Q6: BG<br>A)background scoring<br>B)back drop<br>C)boolean system<br>D)none of the above
Q8: The Greek word sophia means ……<br>A)Wisdom<br>B)Intelligence<br>C)Memory<br>D)Purity
Q8: How would you explain the resurgence of
Q9: In the text, references were made to
Q11: Dairy Society Denmark was established in……....<br>A)1884<br>B)1774<br>C)1864<br>D)1964
Q13: Telephone was invented by ………<br>A)Pascal<br>B)Lovelace<br>C)Alexander Graham Bell<br>D)None
Q15: Who suggested the idea of Continental drift?<br>A)Aryabhata<br>B)Alfred
Q20: Utilization rate of resources in an execution
Q20: The_ time collectively spent by all the