A Third Party Can Increase the Supply Chain Surplus by Aggregating

question 10

Multiple Choice

A third party can increase the supply chain surplus by aggregating demand across multiple firms and gaining production economies of scale that no single firm can on its own.This is called

• A)capacity aggregation.
• B)inventory aggregation.
• C)warehouse aggregation.
• D)relationship aggregation.

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Definitions:

Cognitive

Relating to the mental processes of perception, memory, judgment, and reasoning, as opposed to emotional or volitional processes.

Behavioral

Pertaining to the actions or reactions of a person or animal in response to external or internal stimuli.

Psychodynamic

A psychological perspective that emphasizes the influence of the unconscious mind, internal conflicts, and childhood experiences on behavior.

Existential

Relating to existentialism, a philosophical theory that emphasizes individual freedom, choice, and meaning within an inherently meaningless universe.