Supply chains are

Question

Supply chains are

Quizplus · Accepted Answer

Supply chains refer to all the linkages that connect raw materials and finished products, which are delivered into the hands of the customers. This includes everything from sourcing raw materials to delivering the final product to consumers. It involves various stages and processes, such as procurement, manufacturing, warehousing, transportation, and distribution, all of which are essential for the smooth functioning of the entire supply chain. Hence, option A is the correct answer.

Option B is incorrect since it refers to strategic issues of CRP (Capacity Requirement Planning), which is not related to supply chains but rather a part of the overall manufacturing and capacity planning process.

Option C is also incorrect because it refers to a high-level model, which is too broad and does not accurately capture the complexities of the supply chain.

Option D is only partially correct since it refers to the value added to raw materials in the supply chain but does not encompass all the linkages connecting them to the finished product delivered to customers.

Supply Chains Are