Supply Chain Management

Category - Dynamics

In___________, the impact of external effects (for example a strike at a supplier causing a component shortage), is analyzed.
  1. Strategic analysis
  2. Fundamental analysis
  3. Simulation
  4. All of the above.
Explanation
Answer: C - Even though high-tech products are generally considered to be innovative, even within the high-tech sector there are significant differences in demand patterns and forecast stability. Using simulation, the impact of external effects, such as a fire or robbery at a supplier causing a component shortage, is analyzed, as well as the consequences of internal changes in the supply chain structures and policies.
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