A balanced system is

Question

Quizplus · Accepted Answer

A balanced system refers to one where the inbound and outbound flows are nearly equal, meaning that the supply chain can efficiently handle the flow of goods and materials from suppliers to customers. Option A is incorrect because all four management systems (planning, organizing, leading, and controlling) are not equal in importance. Option B is incorrect because logistics expenses and cost of goods sold are not necessarily the same. Option C is incorrect because supply chain management is a broader concept that encompasses logistics but also includes other functions such as procurement, production, and distribution.

A Balanced System Is