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In supply-chain management, which of the following is an aspect of environmental risk? A. political issues B. management metrics C. secure financial

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In supply-chain management, which of the following is an aspect of environmental risk? A. political issues B. management metrics C. secure financial transactions D. raw material availability E. All of the above are environmental risks. How much is one dollar saved in purchasing worth? A. only worthwhile if you are in the 50% tax bracket and still have a low profit margin B. equivalent to a dollar earned in sales revenue C. worth slightly more than a dollar earned because of taxes D. worth from 35% in the technical instrument industry to 70% in the food products industry E. worth even more than a dollar earned in sales revenue Vertical integration is best described as: A. to build long-term partnerships with a few suppliers B. to develop the ability to produce the specified good more efficiently than before C. to produce goods or services previously purchased D. to develop the ability to produce products which complement the original product E. to sell products to a supplier or a distributor A grocery store is trying to find a new vendor for carrots. Its three criteria are 1. Freshness, 2. Lot Size, and 3. Cost with factor weights of .6, .1, and .3 respectively. What would a vendor with ratings of 7, 8, and 10 in the three respective categories score as a weighted total? A. 8.0 B. 24 C. 1 D. 7.4 E. none of the above
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If the standard deviation of demand is six per week, demand is 50 per week, and the desired service level is 95%, approximately what is the statistical safety stock? A. 16 units B. 8 units C. 10 units D. 64 units E. Cannot be determined without lead time data.
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