Reference no: EM132236123
1. The most transactional relationships are those with suppliers in the ____ category.
a. Routine
b. Leverage
c. Transactional
d. Critical
e. It could be any of the above
f. It should be none of the above
2. Routine buys:
a. Are also called generic
b. Cover most of what you buy
c. Have a fairly simple supply market
d. All of the above
e. Only a and c
f. None of the above
3. Leverage items:
a. Are also known as routine buys
b. Are most effectively managed if you can consolidate your purchases with fewer, select suppliers
c. Are the most difficult buys to manage
d. All of the above
e. Only b and c
f. None of the above
4. Bottleneck items:
a. Are unique
b. Have low market complexity
c. Are purchased in large volume so they are very important
d. All of the above
e. Only a and c
5. Selecting weights is one of the least important aspects of developing a supplier selection model.
True False