1. Low inventory level helps a supply chain cope with high demand uncertainty because holding much less product can help simplify the delivery process

True

False

2. H&C evaluates its main customers and determines that it faces low implied demand uncertainty. H&C should restructure its supply chain following responsiveness principles.

Group of answer choices

True

False

3. A fashion retailer that is facing an increasing implied demand uncertainty should structure its supply chain based on efficiency principles to save money and achieve cost advantage.

True

False

4. If customers are willing to tolerate longer lead time (response time), which of the following is(are) better supply chain practices according to the text? (Select all that apply)

a) Decentralize assets in the supply chain (e.g. facilities, inventories) as much as possible.

b) Centralize assets in the supply chain (e.g. facilities, inventories) as much as possible.

c) Strive for building an efficient supply chain as much as possible

d) Increase the number of facilities as many as possible