QUESTION 6

1. BLANKET ORDERS ARE USED FOR THE ITEMS THAT ARE ORDERED FREQUENTLY FROM THE SUPPLIER

   True

   False

0.5 points

QUESTION 7

1. The initial decision whether a manufacturer fabricates in-house or uses an outside supplier is known as _____________________?

   		An Offshoring decision
   		A Make-or-Buy decision
   		"SRM, ISCM, CRM"
   		"ISCM, MRP, RFQ"

0.5 points

QUESTION 8

1. Production related procurement refers to the purchasing of

   		Office supplies
   		Information Systems
   		Raw Materials
   		Free Truck Level

0.5 points

QUESTION 9

1. CUSTOMER SERVICE LEVEL WILL DECREASE IN CASE INVENTORY IS HELD FOR CUSTOMER

   True

   False

0.5 points

QUESTION 10

1. "INVENTORY ENCOMPASSES ALL RAW MATERIAL, WORK IN PROGRESS & FINISH GOODS WITHIN A SUPPLY CHAIN"

   True

   False