Asked by Shavon Bashir on May 02, 2024

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The cost of making and delivering a product to the customer is referred to as

A) supply chain responsiveness.
B) supply chain efficiency.
C) cost-responsiveness efficient frontier.
D) implied uncertainty.

Delivering a Product

The process of transporting a product from the manufacturer or supplier to the final customer or point of use.

Supply Chain Efficiency

The effectiveness with which a supply chain operates, aiming to minimize costs and waste while maximizing speed and quality.

Implied Uncertainty

The uncertainty in outcomes or future conditions that is suggested or inferred but not explicitly stated or known.

  • Familiarize oneself with the principles of supply chain responsiveness and efficiency.
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ZK
Zybrea KnightMay 07, 2024
Final Answer :
B
Explanation :
Supply chain efficiency refers to the ability of a company to manufacture and deliver products to customers in the most cost-effective way possible. This encompasses all the costs associated with production, such as raw materials, labor, transportation, and logistics. By optimizing their supply chain efficiency, companies can reduce costs and improve profitability while still meeting customer demand.