What Enables an Organization to React More Quickly to Resolve

question 30

Multiple Choice

What enables an organization to react more quickly to resolve supply chain issues?

• A) Supply chain event management
• B) Selling chain management
• C) Collaborative engineering
• D) Collaborative demand planning

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Definitions:

Little's Law

A fundamental principle in queueing theory stating that the long-term average number of items in a queuing system is equal to the long-term average effective arrival rate multiplied by the average time an item spends in the system.

Toy Store

A retail business specializing in the sale of toys and games for children of various ages.

24-Hour Supermarket

A retail grocery store that operates continuously, day and night, providing accessibility to shoppers at any time.

Queue Discipline

The rule or priority system used to manage the order in which entities (such as people, data packets, or products) are processed or served in a queue.