________ Allows a Firm to Increase Profits and Better Match

question 1

Multiple Choice

________ allows a firm to increase profits and better match supply and demand if the firm produces a large variety of products whose demand is unpredictable,not positively correlated,and is of about the same size.

• A)Shortened forecasting window
• B)Quick response
• C)Postponement
• D)Tailored sourcing

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Definitions:

Grid Technique

A quantitative method used for decision-making that involves arranging options on a grid to compare multiple factors and choices.

City Warehouse

An urban storage facility strategically located to minimize distribution time and streamline the supply chain, especially in last-mile delivery services.

Distribution Centers

Facilities that handle the storage, processing, and shipping of goods to various destinations, serving as a key node in the supply chain.