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a) In supply chain, entities flowing include information, materials, and funds b) Decision regarding "where to build the warehouses" belongs to the category of tactical decisions c) "How to coordinate warehouse replenishment with production schedules" belongs to the category of tactical decisions d) Efficiency and responsiveness are two conflicting criteria for measuring supply chain performance A good supply chain needs to meet both of them, i.e., has both high efficiency and responsiveness

a) In supply chain, entities flowing include information, materials, and funds b) Decision regarding "where to build the warehouses" belongs to the category of tactical decisions c) "How to coordinate warehouse replenishment with production schedules" belongs to the category of tactical decisions d) Efficiency and responsiveness are two conflicting criteria for measuring supply chain performance A good supply chain needs to meet both of them, i.e., has both high efficiency and responsiveness

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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1. True or False a) In supply chain, entities flowing include information, materials, and funds b) Decision regarding "where to build the warehouses" belongs to the c ategory of tactical decisions c) "How to coordinate warehouse replenishment with production schedules" belongs to the category of tactical decisions d) Efficiency and responsiveness are two conflicting criteria for measuring supply chain performance A good supply chain needs to meet both of them, i.e., has both high efficiency and responsiveness
Transcribed Image Text:1. True or False a) In supply chain, entities flowing include information, materials, and funds b) Decision regarding "where to build the warehouses" belongs to the c ategory of tactical decisions c) "How to coordinate warehouse replenishment with production schedules" belongs to the category of tactical decisions d) Efficiency and responsiveness are two conflicting criteria for measuring supply chain performance A good supply chain needs to meet both of them, i.e., has both high efficiency and responsiveness
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