Lo201 ch 1 3 - Study guides, Class notes & Summaries
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LO201 Ch. 1-3 Terms 100% Accurate Questions & Answers 2023-2024
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LO201 Ch. 1-3 Terms 100% Accurate Questions & Answers 
1. Agile Supply Chain - Answer-focuses on an organization's ability to respond to changes in 
demand with respect to volume and variety) 
2. Bullwhip Effect - Answer-Characterized by variability in demand orders among supply chain 
participants) 
3. Fast Supply Chain - Answer-emphasizes a speed or time component) 
4. Fourth-Party Logistics - Answer-lead logistics provider; general contractor that ensures that 
third-party logistics comp...
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