Which of the Following Is Not a Goal of Supply

question 46

Multiple Choice

Which of the following is not a goal of supply chain management?

• A)fewer suppliers and long-term relationship
• B)small lot sizes
• C)on time deliveries
• D)lowest possible transportation costs
• E)delivery often to the place of use

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Definitions:

Illusory Correlation

The perception of a relationship between two variables when no such relationship exists, often a result of cognitive biases.

Self-Serving Bias

The common tendency to attribute one's successes to personal characteristics and failures to external factors.

Very Smart

A term often used to describe individuals with high intellectual capabilities or talented in a particular area.

Fundamental Attribution Error

The tendency to attribute others' behaviors to their character or personality while underestimating the influence of external factors.