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Key obstacles that can upset the balance between responsiveness and efficiency in a supply chain include demand variability, which can lead to overstocking or stockouts; supply chain disruptions, such as natural disasters or supplier failures, which hinder timely responses; and inadequate technology or information systems that impair real-time data sharing and decision-making. Additionally, misalignment between supply chain partners can result in inefficiencies and slow response times. Together, these factors can create tensions between the need to react quickly to market changes and the goal of maintaining cost-effective operations.

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What are key obstacles that can upset the balance between responsiveness and efficiency in a supply chain?

Key obstacles that can disrupt the balance between responsiveness and efficiency in a supply chain include demand variability, which can lead to overstocking or stockouts, and supply chain disruptions caused by natural disasters or geopolitical issues. Inefficient communication and information flow between partners can hinder quick decision-making, impacting responsiveness. Additionally, rigid processes and lack of flexibility in operations can prevent timely adjustments, ultimately affecting both responsiveness and overall efficiency.


Which of the following adjusts to bring aggregate supply and demand into balance?

The price level and real output.


What is true about government balance in the macroeconomic balance equation?

Which of the following is true about government balance in the macroeconomic balance equation? a. Government balance can occur in the presence with inflation. b. Government balance is the difference between taxes (revenues) and expenditures. c. In transition economies, pressures on T and G resulted in a budget deficit. d. b and c are correct. e. a, b, and c are correct.


What are advantages and disadvantage of mixed scanning in the decision making theory?

Mixed scanning in decision-making combines both comprehensive analysis and quick, heuristic approaches, allowing for a balance between thoroughness and efficiency. Advantages include the ability to adaptively refine decisions as new information emerges, enhancing responsiveness to changing circumstances. However, a disadvantage is that it may lead to confusion or inconsistency in the decision-making process, as varying levels of detail can result in conflicting insights. Additionally, the time and effort required to switch between different scanning methods can complicate the decision-making process.


What is economic system efficiency?

Economic system efficiency refers to the optimal allocation of resources to maximize output and minimize waste within an economy. It occurs when goods and services are produced at the lowest possible cost and distributed in a way that meets consumer demand. This efficiency can be assessed through various metrics, such as productivity, resource utilization, and the balance of supply and demand. An efficient economic system ultimately leads to higher standards of living and sustainable growth.

Related Questions

What are key obstacles that can upset the balance between responsiveness and efficiency in a supply chain?

Key obstacles that can disrupt the balance between responsiveness and efficiency in a supply chain include demand variability, which can lead to overstocking or stockouts, and supply chain disruptions caused by natural disasters or geopolitical issues. Inefficient communication and information flow between partners can hinder quick decision-making, impacting responsiveness. Additionally, rigid processes and lack of flexibility in operations can prevent timely adjustments, ultimately affecting both responsiveness and overall efficiency.


What are the causes of tension between efficiency and responsiveness?

Tension between efficiency and responsiveness can arise from conflicting priorities in meeting customer demands. Efficiency emphasizes cost reduction and streamlining processes, while responsiveness focuses on meeting customer needs quickly and flexibly. Striking a balance between the two can be challenging as improvements in one area may come at the expense of the other.


Global vs multi domestic vs transnational strategy?

Global strategy focuses on offering a standardized product or service across international markets, emphasizing efficiency and cost reduction. Multidomestic strategy tailors products and marketing to fit local preferences and conditions, prioritizing responsiveness to individual markets. Transnational strategy seeks to balance global efficiency with local responsiveness, leveraging global scale while adapting to local needs. Each approach reflects different priorities in how companies manage operations across borders.


What does a debit balance in the labor efficiency variance account indicate?

a debit balance in the labor efficiency variance account indicates that actual rate and actual hours exceed standard rates and standard hours


What are the safety precautions to consider when using a balance beam outdoors?

When using a balance beam outdoors, consider the following safety precautions: ensure the beam is stable and secure on a flat surface, check for any obstacles or hazards in the surrounding area, use proper footwear with good grip, and always have a spotter or supervisor present for assistance.


What are the different parts of a balance sheet?

Following are different parts of balance sheet:AssetsLiabilitiesOwner's Equity


How much horse power does 2003 skidoo 600 ho?

The 2003 Ski-Doo 600 HO (High Output) snowmobile typically produces around 120 horsepower. This performance is attributed to its 600cc two-stroke engine, designed for a balance of power and efficiency. It's popular among riders for its responsiveness and capability in various snow conditions.


The optimal batch size finds the best balance between what?

The optimal batch size finds the best balance between the cost of processing each batch and the time it takes to complete production. It aims to minimize production costs, such as setup and holding costs, while maximizing efficiency and throughput. Additionally, it considers the trade-off between inventory levels and responsiveness to demand changes, ensuring that resources are effectively utilized without excessive waste.


What are the four basic philosophies that guide strategic management in most MNCs?

The four basic philosophies that guide strategic management in most multinational corporations (MNCs) are global standardization, local responsiveness, transnational strategy, and international strategy. Global standardization focuses on uniformity and efficiency across markets, while local responsiveness adapts strategies to meet regional demands and preferences. The transnational strategy seeks to balance global efficiency with local adaptation, and international strategy typically involves exporting products from a home country to foreign markets with minimal local customization. Together, these philosophies help MNCs navigate the complexities of operating in diverse global environments.


What is the color of efficiency?

Efficiency is often associated with the color green, as it symbolizes growth, harmony, and balance. Green is also commonly linked to productivity and sustainability.


What are the different methods of controlling balance of payment disequilibrium?

which of the following methods is effective in controlling balance of payments ?


What scheduling algorithm is used in apple io's?

Apple's iOS primarily uses a scheduling algorithm called "fair scheduling" for managing tasks and processes. This algorithm aims to balance responsiveness and efficiency by allocating CPU time fairly among processes while prioritizing user-interactive tasks. Additionally, iOS employs a priority-based approach for thread management, where higher-priority tasks can preempt lower-priority ones to ensure smooth user experiences. Overall, iOS combines these techniques to optimize performance and responsiveness in multitasking environments.