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Agata [3.3K]
3 years ago
11

In class, we discussed the I C B (Information Controls Buffers) Portfolio. Under this concept, we would not need any buffers if

we have:
a. no information and no control
b. perfect information and perfect control
c. some information and some control
d. perfect information and some control
e. some information and perfect control
English
1 answer:
tester [92]3 years ago
4 0

Answer:

b) perfect information and perfect control

Explanation:

The IC buffer portfolio is needed, considering possibility of information forecast error & inventory control non instantaneous nature.

In case there is perfect information - regarding timing & accuracy, and perfect control - referring instantenity regarding actions. Then, I C B (Information Controls Buffers) Portfolio is not needed.

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