Asked by karyme catano on Jun 19, 2024
Verified
Local optimization, incentives, and large lots all contribute to ________ about what is really occurring in the supply chain.
Local Optimization
Local Optimization focuses on finding the best solution within a specific subset or vicinity of all possible solutions, rather than the absolute best solution across all sets.
Supply Chain
The connected network of individuals, organizations, resources, activities, and technology involved in the production and sale of a product or service.
Large Lots
Manufacturing or purchasing products in bulk quantities, often to achieve economies of scale and reduce per-unit costs.
- Familiarize oneself with the essential aspects of supply chain efficiency and the difficulties in attaining it.
Verified Answer
Learning Objectives
- Familiarize oneself with the essential aspects of supply chain efficiency and the difficulties in attaining it.
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