Which of the Following Statements Is NOT True About Managing

question 53

Multiple Choice

Which of the following statements is NOT true about managing inventory in supply chains?

• A) In a supply chain, a single firm typically controls all of the inventories that are required while manufacturing a product.
• B) Coordination among supply chain partners is essential while managing inventory across the supply chain.
• C) The total cost minimization approach can be applied while managing inventory across the supply chain.
• D) Vendor-managed inventory is an initiative shifting responsibility for managing inventory to suppliers.

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Definitions:

Hootsuite

A social media management platform that allows users to schedule posts, monitor conversations, and analyze performance across multiple social networks.

Sprout Social

A social media management tool used by businesses and organizations to schedule posts, analyze engagement, and communicate with their audience across multiple platforms.

SWOT Analysis

A strategic planning tool used to identify and understand the Strengths, Weaknesses, Opportunities, and Threats related to business competition or project planning.

Strengths

Characteristics of a business or individual that provide a competitive advantage or contribute positively to achieving objectives.