Chapter 12 Review Questions - Chapter 12 Review Questions 1 Decision trees a may be useful in making effective supplier selection decisions the

Chapter 12 Review Questions - Chapter 12 Review Questions 1...

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Chapter 12 - Review Questions 1.Decision trees: a.may be useful in making effective supplier selection decisions the first-time a buyingdecision is made, but not on repetitive purchases.b.may be useful in making effective supplier selection decisions when making repetitivepurchases, but not special, one-time purchases.c.may be useful in making effective supplier selection decisions if probabilities ofsuccess and failure are assessed for each option.d.are of limited value because options can only be evaluated qualitatively, notquantitatively.e.cannot reflect past decisions so they are useless as a decision tool when makingrepetitive purchases. 2.Portfolio or quadrant analysis:

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