Which of the Following Is an Advantage of Using Single

question 8

Multiple Choice

Which of the following is an advantage of using single sourcing?

• A) Suppliers are more likely to remain cost-competitive.
• B) Buyers are less reliant on one firm to deliver the needed goods without interruption.
• C) The buyer and seller agree to be each other's customers.
• D) Consistency of quality of materials input into the product process is more assured.
• E) Buyers have other suppliers to fall back on if one supplier fails.

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Definitions:

National Standardized

Refers to a consistent set of criteria or tests applied across a nation to evaluate and compare performance or quality systematically.

Exam Scores

The numerical outcomes reflecting the performance of individuals in examinations; these scores are used for evaluation and comparison.

Probability Density Function

A mathematical expression indicating the probability of a continuous random variable assuming a certain value.

Uniform Distribution

A probability distribution in which all outcomes are equally likely across a defined interval.