Question

Store b orders on a weekly basis. Its weekly demand is 50 units with a standard deviation of 5 units

Answer 1

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❏A value chain is a set of activities that a firm operating in a specific industry performs in order to deliver a valuable product (i.e., good and/or service) for the market.

❏The concept of value chains as decision support tools, was added onto the competitive strategies paradigm developed by Porter as early as 1979

Answer 2

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=> The concept of value chains as decision support tools, was added onto the competitive strategies paradigm developed by Porter as early as 1979

=> A value chain is a set of activities that a firm operating in a specific industry performs in order to deliver a valuable product (i.e., good and/or service) for the market.