What Is a Supply Chain Planning System

question 240

Multiple Choice

What is a supply chain planning system?

• A)The ability to view all areas up and down the supply chain in real time.
• B)Uses advanced mathematical algorithms to improve the flow and efficiency of the supply chain while reducing inventory.
• C)Ensures supply chain cohesion by automating the different activities of the supply chain.
• D)Occurs when distorted product-demand information ripples from one partner to the next throughout the supply chain.

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Definitions:

Premature Closure

The act of making a decision or forming a conclusion before having all necessary information or before all options have been thoroughly considered.

Mystification

The process of making something unclear or mysterious, often obscuring the truth or complexity of a situation.

Respect

A feeling of deep admiration for someone or something elicited by their abilities, qualities, or achievements.

Public Information

Information that is available to the public, often provided or released by the government or other organizations.