5- A sourcing strategy for procuring leverage items would be to? a-use reverse auctions. b-decentralized purchasing. c-narrow item specifications. d-develop long-term partnerships with one or two key suppliers I 6- Which of the following factors determine supply risk for an item? a-Lack of qualified sources b-Raw material scarcity c-Lack of substitutes d-All of the above
5- A sourcing strategy for procuring leverage items would be to? a-use reverse auctions. b-decentralized purchasing. c-narrow item specifications. d-develop long-term partnerships with one or two key suppliers I 6- Which of the following factors determine supply risk for an item? a-Lack of qualified sources b-Raw material scarcity c-Lack of substitutes d-All of the above
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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5 & 6 please
![5- A sourcing strategy for procuring leverage items would be to?
a-use reverse auctions.
b-decentralized purchasing.
c-narrow item specifications.
d-develop long-term partnerships with one or two key suppliers
X
6- Which of the following factors determine supply risk for an item?
a-Lack of qualified sources
b-Raw material scarcity
c-Lack of substitutes
d-All of the above](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F31d6cf43-88ea-4f40-92c3-e64c1446db63%2Fb0f9c223-c6b3-4214-ba5b-7e2bb540b0ae%2F6v4klsk_processed.jpeg&w=3840&q=75)
Transcribed Image Text:5- A sourcing strategy for procuring leverage items would be to?
a-use reverse auctions.
b-decentralized purchasing.
c-narrow item specifications.
d-develop long-term partnerships with one or two key suppliers
X
6- Which of the following factors determine supply risk for an item?
a-Lack of qualified sources
b-Raw material scarcity
c-Lack of substitutes
d-All of the above
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