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Oil and Gas supply chains are an example of; A

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1. Oil and Gas supply chains are an example of;

A. Agile supply chains

B. Responsive supply chains

C. Risk hedging supply chains

D. Efficient supply chains

 

1. Which of the following is an assumption of the basic fixed-order quantity inventory model

a. Price per unit of product is constant

b. Lead times are averaged

c. Ordering costs are variable

d. Back orders are allowed