Often a Project Team Will Start the Selection Process by Establishing

question 28

Multiple Choice

Often a project team will start the selection process by establishing a list of potential suppliers. All of the following information sources are frequently used to identify these potential suppliers EXCEPT:

• A) supplier catalogs
• B) phone directories
• C) stakeholder register
• D) trade journals

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Definitions:

Compute

To calculate or determine by mathematical means, often referring to the use of computers to process data or solve problems.

Manufacturing Costs

The total expenses directly involved in producing goods, including labor, materials, and overhead costs.

Variable Overhead

Costs of production that fluctuate with the level of output, including items like utilities or indirect materials.

Fixed Overhead

The total of all overhead costs that do not change in response to activity levels in the short term, such as rent and salaries.