Examlex

Solved

A Programmed Decision Is Made When a New and Unfamiliar

question 271

True/False

A programmed decision is made when a new and unfamiliar problem arises and a novel solution is crafted to meet the demands of the unique situation at hand.


Definitions:

Supply Chain

A structure of collaborators, operatives, enactments, enlightenment, and resources purposed for the channeling of a product or service from the merchant to the clientele.

Processes

Structured sets of activities or tasks that, when executed in sequence, achieve a specific outcome or goal.

Push

A type of supply chain management strategy where production is based on forecasted demand, pushing products onto the market regardless of current demand levels.

Pull

A supply chain management strategy where production is based on customer demand rather than forecasting.

Related Questions