-In a typical supply chain, raw materials are procured and items are produced at one or more factories, shipped to warehouses for intermediate storage, and then shipped to retailers or customers. True False -The objective of supply chain management is to be efficient and cost-effective across the entire system. True False -Reducing demand uncertainty, supply uncertainty, lead times, or economies of scale will not reduce the required inventory held by a firm. True False -The optimal order quantity is always equal to the forecast, or average demand. True False -In the agriculture supply chain, one needs to deal with product perishability and supply uncertainty. True False