A company that uses a more expensive short lead time supplier as a backup for a low cost,long lead time supplier is using
A) tailored sourcing.
B) quick response.
C) postponement.
D) improved forecasting.
Correct Answer:
Verified
Q48: As the standard deviation of forecast error
Q49: Scenario 13.3 - We Have No Bananas
Weekly
Q50: In tailored sourcing,firms use a combination of
Q51: Quick response is clearly advantageous to
A)a distributor
Q52: Quick response results in
A)the manufacturer making a
Q54: In volume-based tailored sourcing,
A)the predictable part of
Q55: In product-based tailored sourcing,
A)low-volume products with uncertain
Q56: An increase in forecast accuracy
A)decreases both the
Q57: As lead times decrease,supply chain managers are
Q58: Supply chain managers are able to
A)increase their
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