________ allows a firm to increase profits and better match supply and demand if the firm produces a large variety of products whose demand is unpredictable,not positively correlated,and is of about the same size.
A)Shortened forecasting window
B)Quick response
C)Postponement
D)Tailored sourcing

Question

Quizplus · Accepted Answer

Postponement strategy allows the firm to delay the final customization of a product until just before delivery. It helps the firm to better match supply and demand by producing standard products as much as possible and postponing the final customization until the customer order is received. This reduces the risk of producing products that may not sell and also avoids the need for long-term forecasting. Therefore, it allows the firm to increase profits and better match supply and demand if the demand is unpredictable, not positively correlated, and is of about the same size.

________ Allows a Firm to Increase Profits and Better Match