Which Statement Regarding Efficient Supply Chains Is Most Accurate

question 127

Multiple Choice

Which statement regarding efficient supply chains is most accurate?

• A)Efficient supply chains use common platforms and common components across several products.
• B)Efficient supply chains rely on large geographically dispersed inventory warehouses.
• C)Efficient supply chains traditionally use expensive,but faster,modes of transportation.
• D)Efficient supply chains may utilize cross-docking.
• E)Efficient supply chains emphasize economies of scale by increasing the variety of system configurations offered.

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Definitions:

Derived Demand

Demand that is not for the goods or services themselves but results from the demand for another good or service.

Independent Demand

The need for finished products or goods that does not depend on the demand for other items.

Causal Model

A conceptual model that describes the causal mechanisms and relationships between variables within a system.

Deterministic Model

A mathematical model in which outcomes are fully determined by parameter values and initial conditions, with no randomness involved.