The curve that shows the lowest possible cost for a given level of responsiveness is referred to as the
A)supply chain responsiveness curve.
B)supply chain efficiency curve.
C)cost-responsiveness efficient frontier.
D)responsiveness spectrum.

Question

Quizplus · Accepted Answer

The cost-responsiveness efficient frontier curve depicts the lowest possible cost for a given level of responsiveness. This curve illustrates the trade-off between responsiveness and cost and helps organizations determine the optimal balance between the two. The other options are incorrect because the supply chain responsiveness curve and the responsiveness spectrum do not specifically account for cost while the supply chain efficiency curve does not consider responsiveness.

The Curve That Shows the Lowest Possible Cost for a Given