Which Statement Regarding Efficient Supply Chains Is Most Accurate

question 65

Multiple Choice

Which statement regarding efficient supply chains is most accurate?

• A)Efficient supply chains often operate with relatively low inventory levels.
• B)Efficient supply chains use common platforms and common components across several products.
• C)Efficient supply chains rely on maintaining large geographically dispersed inventory warehouses.
• D)Efficient supply chains traditionally use expensive,but faster,modes of transportation.
• E)Efficient supply chains emphasize economies of scale by increasing the variety of system configurations offered.

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Definitions:

Contract

A legal contract made between two or more parties, which can be upheld in a court of law.

Indemnity

A contractual agreement in which one party agrees to compensate for any losses or damages incurred by another.

Written Commitment

A documented pledge or promise to engage in or refrain from a specified action.

Debtor

An individual or entity that owes money to another entity, often a financial institution or lender.