If quick response allows multiple orders in the season, do profits increase and the overstock quantity increase?
Understand the Problem
The question is asking whether implementing a quick response system would lead to increased profits and increased overstock quantity. This requires understanding the implications of quick response in supply chain management.
Answer
Profits and overstock quantity increase.
If quick response allows multiple orders in a season, profits increase, and the overstock quantity also increases.
Answer for screen readers
If quick response allows multiple orders in a season, profits increase, and the overstock quantity also increases.
More Information
Quick response strategies enable businesses to react swiftly to changing demand, potentially leading to higher sales and increased overstock if demand is overestimated or forecasting is inaccurate.
Tips
Some sources may state the opposite, so it's important to consider the context and assumptions.
Sources
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