Supply chain refers to
A) the various firms involved in performing the activities required to create and deliver a product or service to ultimate consumers or industrial users.
B) an inventory management system where the supplier determines the product amount and assortment a retailer needs and automatically delivers the appropriate items.
C) mathematical formulas and calculations used in determining product volume and demand in order to generate the greatest revenue at the lowest cost.
D) activities that focus on getting the right amount of the right products to the right place at the right time at the lowest possible cost.
E) a specialized intermediary in the distribution chain responsible for the coordination of all production schedules.
Correct Answer:
Verified
Q222: A _ is essentially a sequence of
Q225: Customers currently link to Cisco's website to
Q230: IBM built a single _ that would
Q233: Which of the following statements best describes
Q234: What is the first step in choosing
Q236: Supply chain and logistics managers play a
Q237: The goals to be achieved by a
Q245: In the automobile industry, the supply chain
Q246: IBM is one of the world's great
Q249: The choice of a supply chain involves
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