Chapter 19 - equipment. Page 322 323 QUESTION 4 1. Explain...

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PURCHASING CAPITAL EQUIPMENT Ch 19
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OBJECTIVES Classify capital equipment and provide examples of each category Explain the characteristics of capital equipment Discuss the size and scope of the procurement team when purchasing capital equipment Explain the role of purchasing and supply management in the procurement of capital equipment Explain the factors that need to be considered when purchasing capital equipment Explain the procurement of used capital equipment Discuss leasing as an option for acquiring capital equipment
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QUESTION 1 1. Classify capital equipment and provide examples of each category. Page 320 - 321
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QUESTION 2 1. Explain the characteristics of capital equipment. Page 321 – 322 Large expenditure Non-recurring expenditure Specialised and technical nature
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QUESTION 3 1. Discuss the size and scope of the procurement team when purchasing capital
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Unformatted text preview: equipment. Page 322 323 QUESTION 4 1. Explain the role of purchasing and supply management in the procurement of capital equipment. Page 323 325 Provision of information Evaluation and selection of suppliers Negotiations with suppliers and contractual conditions Coordination and administration of the purchase Specific purchases QUESTION 5 1. Explain the factors that need to be considered when purchasing capital equipment. Page 325 329 Qualitative considerations in purchasing capital equipment Quantitative assessment of capital equipment QUESTION 6 1. Explain the procurement of used capital equipment. Page 329 330 QUESTION 7 1. Discuss leasing as an option for acquiring capital equipment. Page 330 333...
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Chapter 19 - equipment. Page 322 323 QUESTION 4 1. Explain...

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