Multiple Choice
In the sourcing/purchasing design matrix, there are three variables: contract duration, transaction costs, and specificity. Assume levels as short, medium and long for contract duration and for the rest, low, medium, and high. Vendor managed inventory belongs to
A) long contract duration, high transaction costs and low specificity.
B) short contract duration, high transaction costs and low specificity.
C) long contract duration, low transaction costs and low specificity.
D) long contract duration, high transaction costs and high specificity.
E) long contract duration, low transaction costs and high specificity.
Correct Answer:

Verified
Correct Answer:
Verified
Q63: These are supply chains that try to
Q64: Commonality refers to how common the item
Q65: Two common measures to evaluate supply chain
Q66: Retailer behavior when stocking up during promotion
Q67: These are supply chains that utilize strategies
Q68: Which of the following is an improvement-driven
Q69: The total cost of ownership (TCO) is
Q70: Ownership costs include which of the following
Q72: In Hau Lee's uncertainty framework to classify
Q73: A stable supply process is one where