Reference no: EM132163272
1-Markdowns are low for products with greater implied demand uncertainty.
True
False
2-Products with high demand uncertainty usually result in
A. Difficulty in matching demand
B. Stock out or over supply
C. Marked downs in case of over supply
D. Stockout when there is under supply
E. All of the above
3- --------------- strategy specifies the portfolio of new products that the company will try to develop.
4-Efficient supply chains are able to meet customer needs
A. At the highest cost
B. With wide range of quantities demanded
C. As fast as possible
D. At the lowest cost
5-Which of the following is not an attribute of responsive supply chains?
A. Satisfy demand at lowest cost
B. Meeting short lead times
C. Meet high service level
D. Handle large varieties of products