When using the low-cost strategy for supply chain-management, the firm should invest aggressively to reduce production lead time.

Question

Quizplus · Accepted Answer

The low-cost strategy focuses on minimizing costs, and aggressive investments to reduce production lead time may not align with this goal as they can be expensive and the primary focus is on cost minimization rather than speed or flexibility.

When Using the Low-Cost Strategy for Supply Chain-Management, the Firm