A Responsive Supply Chain Typically Has

question 17

Multiple Choice

A responsive supply chain typically has:

• A) a low capacity cushion.
• B) high inventory turns.
• C) supply chain partners that emphasize low prices.
• D) supply chain partners that emphasize volume flexibility.

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Definitions:

Validity

The extent to which a test or instrument measures what it claims to measure.

Reliability

How much a testing tool generates consistent and stable outputs over various times.

Validity

Refers to the extent to which a concept, conclusion or measurement is well-founded and likely corresponds accurately to the real world.

Accuracy

The degree to which a measurement or estimation matches the true value or standard.