The Mismatch Between the Timing of Customer Demand and Supply

question 29

Multiple Choice

The mismatch between the timing of customer demand and supply chain lead times is what drives the need for:

• A)safety stock.
• B)anticipation inventory.
• C)cycle stock.
• D)hedge inventory.

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Definitions:

Procedural Justice

The fairness and transparency of the processes used by organizations to make decisions, affecting how decisions are perceived and accepted by those affected by them.

Situational Justice

The fairness perceived in the handling and resolution of a situation, often related to organizational decisions and interpersonal interactions.

National Labor Relations Board (NLRB)

a federal agency in the United States responsible for enforcing US labor law in relation to collective bargaining and unfair labor practices.

Financial Settlements

Agreements reached between parties in dispute, where monetary compensation is made to settle the matter without going to trial.