Question: Why is it important to consider uncertainty when evaluating supply
Why is it important to consider uncertainty when evaluating supply chain design decisions?
Answer to relevant QuestionsWhat are the major sources of uncertainty that can affect the value of supply chain decisions? What are some major nonfinancial uncertainties that a company should consider when making decisions on where to source product? Give examples of products that display seasonality of demand. How does the availability of subcontracting affect the aggregate planning problem? Discuss how a company can get marketing and operations to work together with the common goal of coordinating supply and demand to maximize profitability.
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