Chapter 5 Flashcards

1
Q

Quantitative means they represent objective data thats easy to measure and verify

A

Metric

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2
Q

Forecasting how much you think the customers are going to buy

A

Make to stock

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3
Q

Refers to how much product or service your supply chain can produce

A

Capacity

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4
Q

Measure of how quickly your supply chain can provide a product or service to a customer

A

Responsiveness

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5
Q

Measurement of how well your supply chain scales up or ramps down in response to change

A

Felxibility

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6
Q

The amount of money it takes to operate your SC

A

Cost

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