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Match the following terms/phrases with their definitions/meanings/descriptions (10 points) Works well for make-to-stock firms Production and distribution decisions based on long-term forecasts. 1. Level Production Strategy Production and distribution demand driven and enabled by fast information flow 2. Chase Production Strategy Works well for make-to-order firms 3. Single integrator solution type of ERP implementation Pick all the desired software 4. Best-of-breed type of ERP applications from a single vendor implementation 5. Push-Based Supply Chains Pick the best software application for each individual function. 6. Pull-Based Supply Chains Slow technology clock speed, low product variety, and typically low profit margins 7. Functional Products Fast technology clock speed and short product life cycle, high 8. Innovative Products product variety, and relatively 9. An assessment criteria on improving a high margins A decrease in purchasing expenditures directly increases 10. Profit-Leverage Effect profits before taxes (assuming no decrease in quality or purchasing total cost) Early supplier involvement initiatives