This question has more than one correct answer, which all must be selected.

Select all the statements that are not true regarding supplier selection

Question $10$ options:

Suppliers should be selected on the basis of price only because the cost of materials is a significant portion of total product cost.

Suppliers should be selected on the basis of quality because quality is always the most important characteristic of a product.

Suppliers should not be selected on the basis of price only because the cost of materials is a significant portion of total product cost.

Suppliers should be selected on the basis of quality, price, and delivery.

Suppliers should be selected only on the basis of the shortest lead time because higher lead time increases the cost of inventory.