Asked by Mckenna Grimm on Jul 21, 2024
Verified
Decisions concerning the role of each facility are significant because
A) they determine the amount of flexibility the supply chain has in demanding change.
B) they determine the amount of flexibility the supply chain has in changing the way it meets demand.
C) they determine the amount of capacity the supply chain has in changing the way it meets demand.
D) they determine the amount of inventory the supply chain has in demanding change.
Flexibility
Flexibility in a business context refers to the ability to adapt quickly to changes in the market or operational conditions, maintaining efficiency and meeting customer demands.
Supply Chain
The network of individuals, organizations, resources, activities, and technology involved in the creation and sale of a product, from supplier to customer.
Capacity
Capacity refers to the maximum level of output that a company can sustain to produce a product or service, considering available resources.
- Comprehend the impact of decisions on the function of each facility within a supply chain.
Verified Answer
Learning Objectives
- Comprehend the impact of decisions on the function of each facility within a supply chain.
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