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A responsive supply chain can be achieved by ________. A. outsourcing production

ID: 409087 • Letter: A

Question

A responsive supply chain can be achieved by ________.

A.

outsourcing production to a lower cost supplier

B.

holding excess cash

C.

planning inventory levels so they are as close as possible to the forecasted level of demand

D.

generating accurate forecasts

E.

holding excess production capacity

A.

outsourcing production to a lower cost supplier

B.

holding excess cash

C.

planning inventory levels so they are as close as possible to the forecasted level of demand

D.

generating accurate forecasts

E.

holding excess production capacity

Explanation / Answer

A responsive supply chain can be achieved by -

C. planning inventory levels so they are as close as possible to the forecasted level of demand.

A responsive supply chain is a network of firms that is capable of creating wealth to its stakeholders in a competitive environment by reacting quickly and cost effectively to changing market requirements.

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