er 1 Question 2: Distinguish between possession, form, time, and place utility. Chapter 2 Question 4: Why do contemporary supply chains need to be fast and agile? Question 8: Discuss some of the ways that inventory can be reduced in the supply chain. Chapter 9 Question 5: Distinguish between a fixed order quantity and fixed order interval system. Which one generally requires more safety stock? Why? Question 9: What are implications of the JIT approach for supply chain management?
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