All of the Following Factors Are Commonly Used to Assess

question 12

Multiple Choice

All of the following factors are commonly used to assess potential suppliers pursuant to a source selection decision EXCEPT:

• A) supply quality
• B) personal relationships with senior management
• C) inbound transportation cost
• D) replenishment lead time

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Definitions:

Diminishing Marginal Utility

A principle stating that as a person consumes more of a good, the additional satisfaction gained from consuming an additional unit decreases.

Satisfaction

The satisfaction or quenching of a want, necessity, or craving.

Pizza

A popular dish of Italian origin consisting of a round, flattened base of leavened wheat-based dough topped with tomatoes, cheese, and often various other ingredients, baked at a high temperature.

Marginal Utility

The extra pleasure or benefit gained by a consumer from consuming an additional unit of a product or service.