Individual Links in the Supply Chain Can Stabilize Their Production

question 16

Multiple Choice

Individual links in the supply chain can stabilize their production at the most efficient level by using:

• A)safety stock.
• B)anticipation inventory.
• C)linkage inventory
• D)smoothing inventory.

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Definitions:

Reverse Innovation

An innovation seen first, or likely to be used first, in the developing world before spreading to industrialized nations.

Outsourced

The act of hiring external organizations or individuals to perform tasks, handle operations, or provide services that are either difficult to manage or are outside of the business's core competencies.

Sustainable Business

An enterprise that operates in a way that preserves or enhances economic opportunity, environmental health, and social equity for current and future generations.

Well-being

A state of comfort, health, or happiness.