Risk pooling is a practice that shifts demand uncertainty to the contract equipment manufacturer. 00 O a. True O b. False When considering dependency on knowledge, the firm has the knowledge and the skills required to produce the component but for various reasons ed decides to outsource. .00 O a. False O b. True When procuring innovative products, the procurement strategy should focus on total landed cost. ed 2.00 O a. True O b. False Which of the following is not a consideration of increased flexibility in the outsourcing decision? red 2.00 O a. Better reaction to demand changes O b. Access to new technology and innovation O c. Increased aggregation of orders O d. Capitalize on the supplier's technical knowledge