The Mismatch Between Timing of Customer Demand and Supply Chain

question 4

Multiple Choice

The mismatch between timing of customer demand and supply chain lead times is what drives the need for:

• A) safety stock.
• B) anticipation inventory.
• C) cycle stock.
• D) hedge inventory.

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Definitions:

Onomatopoeia

A word like hum, buzz, or snort that recreates a sound it represents.

Malapropism

Confusion of one word or phrase for another that sounds similar to it.

Jargon

Another name for restricted code; specialized terms or abbreviations whose meanings are known only to members of a specific group.

Bypassing

Confusion caused by the fact that the same word can mean different things to different people.