3In 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 1points001220Multiple ChoiceIong contract duration, low transaction costs, and low specificityshort contract duration, high transaction costs, and low specificitylong contract duration, high transection costs, and high specficityMc Graw B.IIIPrey 3 of 10Next