Answer:
Option B, Supply chain response time
Explanation:
The reliability of the supply chain represents the amount of good performance of the distribution chain. The highest priorities for supply chain practitioners are rising trust, decreased inventory and market readiness.
The overall response time for the supply chain is the capacity of the supply chain to react to market demand rapidly. When a market demand transition is observed, the supply chain has to stabilise.
The response time of the supply chains is sometimes characterised by minimal changes in market demand.
Examples of operations in the supply chain involve processing, manufacturing, architecture, development, shipping and transportation.
Answer:
7 workers will be required
Explanation:
We will define actual time required to do a job
= Standard time required for producing each unit x Worker efficiency (%)/100
= 11.65 x 115/100
= 13.3975 minutes
Total available minutes in 4 days = 4 days x 8 hours/ day x 60 minutes / day = 1920 minutes
Therefore ,
Number of units which can be produced by 1 worker in 4 days = 1920 /13.3975
Number of units to be produced = 1000 units
Therefore,
Number of workers required
= Number of units to be produced / Number of units which can be produced by 1 worker in 4 days
= 1000 x ( 13.3975 /1920)
= 6.977 ( 7 rounded to nearest whole number )
The actual correct answer is: <u>The European Union's free-trade agreements include agreements with both developed and developing nations.</u>