Asked by
Madison Burnett
on Oct 18, 2024
Verified
The level of product availability
A) is also referred to as the customer service level.
B) is an important component of any supply chain's responsiveness.
C) increases revenues for the supply chain by increasing sales.
D) Only A and B are true.
Product Availability
The state of being in stock and ready for purchase or delivery to consumers.
Customer Service Level
A measure of the performance of a company's services, in terms of how well it meets customer expectations and demands.
Supply Chain's Responsiveness
The ability of a supply chain to quickly adapt to changes in demand, supply, or environmental conditions.
- Understand the connection between the availability of products, the satisfaction of customers, and the responsiveness of the supply chain.
Verified Answer
GB
Learning Objectives
- Understand the connection between the availability of products, the satisfaction of customers, and the responsiveness of the supply chain.