Which type of purchase is best suited for single sourcing with a preferred supplier to reduce supply chain risk?

• A.Strategic
• B.Bottleneck
• C.Leverage
• D.Routine

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All of the following are cost effective ways to mitigate or minimize risk, EXCEPT:

• A.multiple suppliers
• B.improved forecasting
• C.information sharing
• D.quality certification
• E.supplier development

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Which of the following types of relations do most humans naturally assume that systems are?

• A.linear
• B.single-valued
• C.monotonic
• D.multi-valued
• E.continuous

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Which of the following strategies would increase overall supply chain risk?

• A.Identify multiple sources for a product that has a potential for supply chain disruption
• B.Single sourcing a product that makes the highest annual profit
• C.Internally manufacturing a product that has a high level of technical intellectual property
• D.Outsourcing a product that is not well suited to your operations

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Which of the following processes would a company use to evaluate the risk profile for end-of-life planning for a product family?

• A.Rough-cut capacity planning
• B.Sales and operations planning
• C.Production activity control
• D.Distribution requirements planning

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