What Are the TWO Primary Techniques/philosophies Discussed in Chapter 8

question 4

Essay

What are the TWO primary techniques/philosophies discussed in Chapter 8 that are used to manage processes in the supply chain such that they'll meet the needs of customers today.Provide the prime objectives for each of the two techniques/philosophies.Also, for each technique, provide three elements used to achieve the prime objectives.

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Definitions:

Voir Dire

A preliminary examination of prospective jurors by a judge or attorneys to ensure they can judge impartially in a case.

Challenges

Difficult situations or obstacles that require a solution or overcoming.

Jury Selection

The process of questioning and choosing jurors from a pool of candidates to serve on a jury during a trial.

Competitive Industry

A Competitive Industry is characterized by many producers and consumers with the products being largely similar, leading to minimal ability for firms to set prices higher than market rates.