Which of the following is least likely to be a major criterion in vendor selection?
A |
credit rating of the vendor |
|
B |
prices of goods |
|
C |
ability to deliver on time |
|
D |
quality of goods |
Option A is the answer | ||
Prices of the goods, quality of those goods, optimal delivery time all three are major criterion when selecting a vendor. However credit rating of vendor is the least likely among the requirements |
Which of the following is least likely to be a major criterion in vendor selection? A credit...
the threat of mistakes in counting re sufficient quantity on hand to 42) Which of the following controls can minimize the threat of mistakes inventory? A) The use of positive pay. B) Do not inform receiving employees about quantity ordered. C) The use of ERS D) Perpetual inventory system. 43) The traditional approach to inventory management to ensure sufficient quant maintain production is known as A) safety stock. B) just-in-time production. C) economic order quantity. D) optimal inventory quantity. 44)...
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