Examlex
If Pij = the production of product i in period j, then to indicate that the limit on production of the company's three products in period 2 is 400,
Global Supply Chain
A supply chain that extends across international borders, encapsulating a network of suppliers, manufacturers, and distributors involved in producing and delivering products worldwide.
Flexibility
The ability of a system or organization to quickly adapt to changes in demand, technology, environments, or internal processes without significant costs or delays.
Uncertainties
Refers to the unpredictability or lack of certainty in events, situations, or outcomes, often affecting decision-making processes especially in supply chain and finance.
Strategic Planning
The process of defining a business's strategy or direction and making decisions on allocating resources to pursue this strategy.
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