Scoring the Performance of Suppliers in Terms of Replenishment Lead

question 88

Multiple Choice

Scoring the performance of suppliers in terms of replenishment lead time thus allows the firm to evaluate the impact each supplier has on

• A)the cost of holding cycle inventory.
• B)the cost of holding replacement inventory.
• C)the purchase price of material.
• D)the cost of holding safety inventory.

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Definitions:

Free-enterprise Economy

An economic system in which private business operates in competition and largely free of state control, with the right to buy, sell, and conduct business.