The essence of demand management is to estimate and manage customer demand so that demand and supply are balanced to the point where there are zero stockouts and zero safety stocks
Indicate whether the statement is true or false
False
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Source Perrier S.A., the supplier of Perrier bottled water, exercised ________ when it recalled 160 million bottles of water in 120 countries after traces of a toxic chemical was found in 13 bottles. The recall cost the company $35 million, and the profit from $40 million in lost sales. Even though the chemical was not harmful to humans, the president of the company believed it was his duty to remove "the least doubt, as minimal as it might be, to weigh on the image of the quality and purity of our product."
A. moral idealism B. utilitarianism C. profit responsibility D. cause marketing E. stakeholder responsibility
The doctrine of quasi con¬tract generally can only be used when there is an actual contract that covers the matter in controversy
Indicate whether the statement is true or false
Shifting customer design decisions as far down the supply chain as possible is typically called
which of the following? A) reverse supply chain B) planning time fence C) postponement D) planning horizon
Cases come to the court of appeals when:
a. one of the parties to the litigation is not satisfied with a federal district court's decision b. one of the parties to the litigation is a minor c. one of the parties to the litigation is a minority d. one of the parties to the litigation has a previous criminal record e. none of the other choices are correct