Question: 2. Efficient and responsive supply chains: a. How do you think inventory strategy would differ between efficient and responsive supply chain strategies? Briefly explain your

2. Efficient and responsive supply chains: a. How do you think inventory strategy would differ between efficient and responsive supply chain strategies? Briefly explain your rationale. b. Should a fast-food restaurant supply chain be efficient or responsive? Frame your response in terms of lead time expectations of customers and describe what strategies a restaurant could use to address those expectations. c. Explain how a functional product may become an innovative product. Give an example of a product you consider to have moved from functional to innovative

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