Which of the following describes either lean or agile supply chains?
A) In a lean supply chain,products are built before demand occurs; unsold goods are treated as short-term loss incurred to increase market presence.
B) Lean supply chains wait until demand is big enough to help production reach economies of scale so that the waste is minimum or nil.
C) Agile strategies try to forecast demand and reduce waste,with the aim to maximize customer responsiveness in specific market segments.
D) Agile supply chains wait for demand to occur and use communication and flexibility to fill that demand quickly.
Correct Answer:
Verified
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