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Algorithms and SCM Models Based on Past Demand,supply,and Business Cycles

question 8

True/False

Algorithms and SCM models based on past demand,supply,and business cycles are adequate to effectively manage the supply chain.


Definitions:

Negative News

Informing about unfavorable or disappointing information, events, or outcomes.

Decision Made Fairly

A choice or judgment reached through a process that is just, unbiased, and based on equity.

Bad-News Message

A communication designed to convey information that may be disappointing, unfavorable, or unwanted to the recipient in a sensitive and understanding manner.

Reasons Before Bad News

A communication technique where the rationale or reasons for a negative decision or news are provided before the actual bad news, to help the receiver understand the context.

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