ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Link
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Node
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Supplier
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Network
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Detailed explanation-1: -As Figure 1-2 illustrates, transportation represents the physical connection among the companies in the supply chain. The locations in a supply chain network are called nodes, and the connections are referred to as links. When one entity sells product to another, transportation provides the delivery.
Detailed explanation-2: -Transportation network design is a rapidly-growing analysis approach that enables companies to create digital “models” of their end-to-end supply chains to evaluate new strategies and identify break-through performance improvements.
Detailed explanation-3: -The four primary modes of transportation in logistics are shipments by truck, ship, train and plane-also known as road, maritime, rail and air shipments.