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Supply Chain Management

Category - Efficiency

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The main goal of a responsive supply chain is to _______________.

Respond at once to competitors’ pricing.
Avoid the hassle of warehousing finished goods.
Buy raw materials at once when required.
Answer at once to market demand.

Explanation

Answer: D - The main goal of a responsive supply chain is to answer at once to the market demand. This type of model is best suitable when predicting demand is difficult and there are often mistakes in forecasting.

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