Local optimization, incentives, and large lots all contribute to ________ about what is really occurring in the supply chain.

Local Optimization

Local Optimization focuses on finding the best solution within a specific subset or vicinity of all possible solutions, rather than the absolute best solution across all sets.

Supply Chain

The connected network of individuals, organizations, resources, activities, and technology involved in the production and sale of a product or service.

Large Lots

Manufacturing or purchasing products in bulk quantities, often to achieve economies of scale and reduce per-unit costs.