5 & 6 please **Question 5: Sourcing Strategy for Procuring Leverage Items**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. *(Marked answer: d)***Question 6: Factors Determining Supply Risk**Which of the following factors determine supply risk for an item?a. Lack of qualified sourcesb. Raw material scarcityc. Lack of substitutesd. All of the above *(Marked answer: d)*No graphs or diagrams are present in the image.

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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