If a company does not have a current supplier for an item, they will identify a pool of qualified suppliers and issue a(n) to those suppliers in an effort to get a detailed quote that might include per unit price, payment terms, and delivery date. Request for Quotation Purchase order Economic order quantity Supplier scorecard Downstream quote In the world of supply chain, the cost of owning an item over the entire lifetime of the item is often referred to as Total Cost of Ownership Economic Order Quantity Cycle time Cross Docking Procurement