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Having completed this model you will be to:
Recall what taxation is.
Distinguish between direct and indirect taxes.
Define flexibility.
State the importance of flexibility in the supply chain.
Indicate the difference between a planned increase in demand and a sudden increase in demand.
Recall why six sigma is necessary.
List what a supply chain comprises.
Summarize what a supply chain risk is.
Define Echelons.
List the different types of Echelons available.
Explain how to adopt a single period model to a multi-period model.