6. Tier 2 suppliers are primary suppliers to manufacturers. True or False? 7. Le
ID: 335983 • Letter: 6
Question
6. Tier 2 suppliers are primary suppliers to manufacturers. True or False? 7. Lead time is a way to measure the availability of inventory. True or False? 8. Which of the following statements is TRUE regarding tier 1 suppliers? A. Tier 1 suppliers are the starting point of a supply chain. B. Tier 1 suppliers are the primary suppliers to tier 2 suppliers. C. Tier 1 suppliers are the primary suppliers to retailers. D. Tier 1 suppliers are the primary suppliers to manufacturers. 9. Company A provides corn to Company B to make into corn syrup. Company B sells its corn syrup to Company C, who makes ice cream for sale at Company D. Company D is a in the supply chain of ice cream. A. tier 2 supplier B. tier 1 supplier C. retailer D. manufacturerExplanation / Answer
6. False. Tier 2 suppliers supply to Tier 1 suppliers who in turn supply to the manufacturers.
7. False. The longer is the lead time , the higher will be the inventory but it is not primarily used for measuring inventory.
8. D is true. Tier 1 suppliers supply to Manufacturers.
9. Company D is the retailer as it takes a finished product(corn syrup) to make ice-cream.
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