What Is a Supply Chain Planning System

question 99

Multiple Choice

What is a supply chain planning system?

• A)views 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

---

Definitions:

Productivity

The ratio of a firm’s outputs (goods and services) divided by its inputs (people, capital, materials, energy).

Debate

A structured discussion or argument on a particular topic, where participants express and defend their positions or viewpoints, often used as a method of exploring and evaluating contrasting perspectives.

Collective Bargaining Relationships

The ongoing interactions between employers and a group of employees, often represented by a union, aimed at negotiating employment terms.

Workers Initiative

Pertains to actions taken by employees on their own accord to improve processes, productivity, or workplace environment, demonstrating proactive engagement.