One Appropriate Measure to Reduce Replenishment Lead Times Is to

question 33

Multiple Choice

One appropriate measure to reduce replenishment lead times is to

• A)reduce flexibility.
• B)increase the planning horizon.
• C)order electronically.
• D)average the aggregate plans from each supply chain member.

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Definitions:

Quantity Supplied

The supply of a good or service that businesses intend to sell, given a certain price point.

Quantity Supplied

The measure of goods or services that vendors are eager and able to part with at a set price.

Supply Curve

A visual diagram that illustrates how the price of a product correlates with the amount of the product that sellers are prepared to offer.