Which of the following responses to risk best describes the evolving concept of flexibility in supply chain risk management?
A) The practice of adjusting capacities in a manufacturing environment
B) The ability to react quickly to changes or events while maintaining customer service levels
C) The ability to produce high volume stock keeping units (SKUs) in multiple locations
D) The ability to produce complex configurations of a product within the standard lad time
Correct Answer:
Verified
Q126: Which of the following statements describes a
Q127: Production of a company's highest profit items
Q128: Which of the following types of risk
Q129: An effective company strategy results when combining
Q130: Which of the following factors is most
Q132: Which of the following objectives is a
Q133: The design process by which a firm
Q134: In a reverse supply chain, which of
Q135: Which of the following distribution strategies is
Q136: In order to bring a new product
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents