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QUESTION 21 Which of the following would not be an example of a best practice metric in supplier or vendor collaboration? O a. A performance

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QUESTION 21 Which of the following would not be an example of a best practice metric in supplier or vendor collaboration? O a. A performance management program has been developed with input from the suppliers. O b. There is partnering with internal and external suppliers to increase replenishment speed and efficiency. O c. Onsite supplier representatives are fully integrated into supply chain activities. O d. The supplier financial condition is monitored on a regular basis as a specific duty of procurement. QUESTION 22 When selecting the appropriate sourcing business model one should consider the risk/rewards in the context of the goals of the relationship. O True False QUESTION 23 Which of the following would not be a characteristic of make-to-stock (MOS) manufacturing? O a. Production based on demand forecast. b. Better if demand uncertainty is low. O c. Typically shorter delivery time. O d. Typically fewer stock-outs

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