How Has the Adoption of Just-In-Time Inventory Systems Impacted Firms

question 99

Multiple Choice

How has the adoption of just-in-time inventory systems impacted firms' associations with suppliers?

• A) The bargaining power of the firms over their suppliers has increased enormously.
• B) It has reduced the level of data sharing between firms and their suppliers.
• C) Firms are capable of switching suppliers often due to such technologies.
• D) It has increased pressures to establish long-term relationships with suppliers.

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Definitions:

Platykurtic

Describes a statistical distribution with a lower kurtosis than the normal distribution, indicating a flatter shape.

Standard Deviation

A measure of the extent to which a set of scores vary on either side of their mean value. The square root of variance. See also standard error.

Individual Score

The specific performance or result attained by an individual in an assessment or evaluation.

Dependent Samples

Pairs or groups of observations in a study that are related or matched in some way.