139 P2

Agility is defined as a strategy that is more responsive in a volatile marketplace, where this strategy is totally demand-driven.

• TRUE

• FALSE

Lean strategies work best in high-volume, low-variety, and predictable environments.

• TRUE

• FALSE

A company does not need a supply chain management system to run a successful business.

• TRUE

• FALSE

Customers may purposely overstate demands due to shortages and then cancel when the supply becomes adequate again.

• TRUE

• FALSE

Sales and marketing departments forecast demand for the company's products and determine sales forecasts for the year.

• TRUE

• FALSE

Order batching occurs when each member takes order quantities from its downstream customer and rounds up or down to suit production constraints.

• TRUE

• FALSE

The lead strategy ensures a company has enough products or ingredients for its deliverables.

• TRUE

• FALSE

Technology is used to communicate with different members of the supply chain to closely monitor demand.

• TRUE

• FALSE

The match strategy is the middle ground between lag and lead strategy.

• TRUE

• FALSE

Cutting order-to-delivery time by half can reduce supply chain fluctuations by 80%.

• TRUE

• FALSE