Logistics Fundamentals: Sourcing Strategies & Supplier Selection

Logistics Fundamentals: Sourcing Strategies & Supplier Selection

9th Grade

27 Qs

quiz-placeholder

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Logistics Fundamentals: Sourcing Strategies & Supplier Selection

Logistics Fundamentals: Sourcing Strategies & Supplier Selection

Assessment

Quiz

Business

9th Grade

Practice Problem

Easy

Created by

Eric Jones

Used 2+ times

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27 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Fill in the blank: ________ is a method where different factors are given different levels of importance when making a decision. Each factor is assigned a "weight" to show how much it matters.

Weighted Criteria

Random Sampling

Brainstorming

Majority Voting

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Fill in the blank: ________ measures how well a person, machine, or system completes a task compared to expectations or standards.

Performance

Temperature

Distance

Volume

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Fill in the blank: ________ is the maximum amount something can hold or produce.

Capacity

Velocity

Density

Temperature

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Fill in the blank: ________ is a document sent to suppliers asking for the price of specific goods or services.

Request for Quote (RFQ)

Purchase Order (PO)

Invoice

Bill of Lading

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Fill in the blank: ________ is the amount of money required to buy or do something.

Cost

Profit

Salary

Tax

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Fill in the blank: ________ refers to planning and actions designed for achieving long-term goals.

Strategic

Tactical

Operational

Routine

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Fill in the blank: ________ is a person or company that provides goods or services.

Supplier

Customer

Employee

Manufacturer

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