Microfinance Is the Process in Which Small Loans Are Given

question 16

True/False

Microfinance is the process in which small loans are given to entrepreneurial individuals in developing countries in order to develop income which will benefit the individual as well as the local village through poverty reduction.

Identify the factors influencing the appropriate level of safety inventory and understand the trade-offs involved.

Understand the mechanisms of inventory review policies (e.g., continuous review, periodic review) and their impact on inventory levels and order patterns.

Appreciate the role of product fill rate and order fill rate in measuring supply chain performance.

Recognize the strategies for managing supply chain risks such as demand volatility and supply uncertainties.