Responsive supply chains should be preferred when:
A) product variety is low.
B) demand is predictable.
C) contribution margins are low.
D) product variety is high.
D
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Which of the following would be included in operating income?
a. Interest income for a manufacturing firm b. Rent income for a leasing subsidiary c. Gain from sale of marketable securities for a retailer d. Dividend income for a service firm e. None of the answers are correct.
An increase in accounts receivable of $1,000 over the course of a year would be shown on the company's statement of cash flows prepared under the indirect method as:
A. a deduction from net income of $1,000 in order to arrive at net cash provided by operating activities. B. a deduction of $1,000 under financing activities. C. an addition of $1,000 under financing activities. D. an addition to net income of $1,000 in order to arrive at net cash provided by operating activities.
What is continuous improvement? How does it relate to total quality management?
A Boston diamond distributor has developed the first branded diamond called Hearts on Fire to help smaller retailers counter the volume jewelers' aggressive price discounting. This move is meant to:
A. take away trademark rights B. build product identity and customer loyalty C. create a catchy phrase to promote diamonds D. combat the quality appeal of generic products E. combat low-cost production of generic brands