Question: When compared with single sourcing, multiple sourcing has the advantage of: Group of answer choices reduced quality variability. lower transportation costs. volume leveraging. spreading risk.

When compared with single sourcing, multiple sourcing has the advantage of:
Group of answer choices
reduced quality variability.
lower transportation costs.
volume leveraging.
spreading risk.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

When compared with single sourcing, multiple sourcing has the advantage of: Group of answer choices A . spreading risk. B . reduced quality variability. C . reduced coordination with suppliers D ....

Q:

Completion Status: Project > Moving to another question will save this response Ss Question 46 of 50 Question 46 2 points Save Answer The inventory that companies hold to protect themselves against...

Q:

When compared with single sourcing, multiple sourcing has the advantage of: When compared with single sourcing, multiple sourcing has the advantage of: volume leveraging. lower transportation costs....

Q:

When compared with single sourcing, multiple sourcing has the advantage of: When compared with single sourcing, multiple sourcing has the advantage of: volume leveraging. lower transportation costs....

Q:

When compared with single sourcing, multiple sourcing has the advantage of: lower transportation costs. reduced quality variability. volume leveraging. spreading risk.

Q:

When compared with single sourcing, multiple sourcing has the advantage of: reduced forecast variability. spreading risk. lower transportation costs. volume leveraging.

Q:

Which of the following is NOT a primary function of operations management? a) Planning b) Marketing c) Controlling d) Organizing Lean production aims to: a) Maximize resource utilization b) Minimize...

Q:

JIT (Just-In-Time) is a philosophy that aims to: a) Maximize production at all times b) Minimize production costs c) Minimize waste and reduce inventory levels d) Maximize warehouse space utilization...

Q:

Total Quality Management (TQM) emphasizes: a) Maximizing profit margins b) Reducing customer satisfaction c) Continuous improvement and customer focus d) Decreasing production efficiency Which...

Q:

Lean production aims to: a) Maximize resource utilization b) Minimize customer satisfaction c) Reduce waste and increase efficiency d) Maximize production batch sizes Which inventory management model...

Q:

Lang Enterprises was started when it acquired $4,000 cash from creditors and $6,000 from owners. The company immediately purchased land that cost $9,000. Required a. Record the events under an...

Q:

Torino Foods issued 10-year bonds three years ago with a coupon of 6 percent. If the current market rate is 8.5 percent and the bonds make annual coupon payments, what is the current market value of...

Q:

Rollo's Super Store sells goods to consumers and businesses in a rural county in the Midwest. Most of the goods are sold on credit. Rollo's often takes a security interest with the goods as...

Q:

Please with clear explanation 10. Case study: Kings Fruit Farm In the 1920s Edward Filbert became the tenant of Kings Farm in Cambridgeshire. In 1978 his grandson James Filbert became the latest...