subject: Supply chain management

1. Hedging and factoring increase monetary risk. True or false?

2. The geographic location of a plant can be a cost driver when it comes to outsourcing. True or false?

3. The maturity period is the third stage in a products life cycle. True or false?

4. Natural disasters are an example of logistical risk factors. True or false?

5. Global sourcing of Materials poses a much higher risk for loss intellectual property compared to global outsourcing of manufacturing. True or false?

6. Average inventory value represents the cost of holding the annual inventory investment. True or false?

7. The first step in the strategic procurement process is: conduct an internal needs analysis. True or false?

8. Monetary risks can be minimized through the use of third-party providers, such as freight forwarders. True or false?

9. Costs for reverse logistics generally include training. True or false?

10. Vendor-managed inventory has been unsuccessful as a strategy for developing beneficial supplier relationships. True or false?