Which of the Following Is True About the Use of Weighted

question 20

Multiple Choice

Which of the following is true about the use of weighted scoring models for supplier selection?

• A)Once developed,the model weights should never change.
• B)The supply management department should determine the weights.
• C)The highest-scoring supplier should always be selected to receive the business.
• D)There is a good deal of subjectivity in developing and using the model.

---

Definitions:

Sales

The total amount of goods or services sold by a company during a specific time period, generating revenue.

Percent Of Increase

A measure expressed as a percentage that indicates the degree to which a quantity grows relative to its previous value.

Comparative Balance Sheet

A balance sheet listing financial condition for two or more years in a side-by-side manner. This format allows the reader to make quick comparisons between the two balance sheet dates.

Net Increase

The amount by which something grows or rises, after accounting for any decreases.