Asked by Xhorxhina Gjoni on May 21, 2024

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In reality,demand and prices are

A) highly certain and not likely to fluctuate during the life of any supply chain decision.
B) highly certain and likely to fluctuate during the life of any supply chain decision.
C) highly uncertain and not likely to fluctuate during the life of any supply chain decision.
D) highly uncertain and likely to fluctuate during the life of any supply chain decision.

Demand Fluctuation

Variations in the demand for goods or services over time, which can be seasonal or influenced by external factors.

Supply Chain Decision

involves strategic and operational choices made to manage and control the flow of goods, information, and finances across the supply chain efficiently.

Prices

The amount of money required to purchase goods or services, often influenced by factors like supply and demand, production costs, and market competition.

  • Appreciate the necessity of integrating uncertainty into the financial assessment of supply chain architecture.
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Verified Answer

MN
Moneyp NationsMay 22, 2024
Final Answer :
D
Explanation :
Demand and prices can be affected by various factors such as market trends, consumer behavior, competition, and external events. Thus, they are highly uncertain and can fluctuate during the life of any supply chain decision. It is crucial for supply chain managers to consider and anticipate these uncertainties to make informed decisions and minimize risks.