Chapter 13 Flashcards

1
Q

The level of product availability

A
  • is also referred to as the customer service level.

- is an important component of any supply chain’s responsiveness.

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2
Q

A high level of product availability requires

A

large inventories and tends to raise costs for the supply chain.

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3
Q

A high level of product availability requires ________, which raises supply chain costs.

A

large inventories

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