Which of the following is most likely a true statement about supplying functional goods?
A) Cost and quality are the main criteria when selecting suppliers.
B) The risk of making forecasting errors is very high due to product variety.
C) Demand cannot be reliably estimated so getting products to market is key.
D) The greatest risk is missing the market with the wrong item at the wrong time.
E) The opportunity cost of a stockout is very high, so lead times must be greatly reduced.
Correct Answer:
Verified
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