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Lean Supply Chain Management Also Seeks to Optimize Flows of Information

question 5

True/False

Lean supply chain management also seeks to optimize flows of information and money in addition to physical flows.


Definitions:

Price Takers

Parties in a market who accept prevailing prices because they have no power to influence the market price due to their small scale of operations or the competitive nature of the market.

Capital Gains

The amount by which the sale price of a security exceeds the purchase price.

Systematic Risk

The risk inherent to the entire market or market segment that cannot be mitigated through diversification.

Standard Deviation

A statistical measure of the dispersion or variability of a set of data points, often used in finance to quantify the risk of investment returns.

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