Which of the following is not a reason for a buyer to look for a new supplier rather than place additional business with an existing supplier? A.Current supplier founder is retiring B.New supplier has newer equipment C.Current supplier is farther away D.New supplier has higher throughput

Answered: Which of the following is not a reason…

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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Question

Which of the following is not a reason for a buyer to look for a new supplier rather than place additional business with an existing supplier?

	A.	Current supplier founder is retiring
	B.	New supplier has newer equipment
	C.	Current supplier is farther away
	D.	New supplier has higher throughput

Expert Solution

Step 1

Supplier selection is considered as one of the important tasks in every organization. Organization has selected an appropriate supplier from a bunch of available suppliers and choose the best possible supplier for the betterment and future of the organization.