Indicate whether the item below is used as key performance indicators for the areas of (A) Financial, (B) Customer, (C) Internal Process, or (D) Learning and Growth performance. Choose the one best choice. Percent of materials left over from production sold as scrap * (A) Financial (B) Customer (C) Internal Process (D) Learning and Growth performance.

Indicate whether the item below is used as key performance indicators for the areas of (A) Financial, (B) Customer, (C) Internal Process, or (D) Learning and Growth performance. Choose the one best choice. Percent of materials left over from production sold as scrap * (A) Financial (B) Customer (C) Internal Process (D) Learning and Growth performance.

Purchasing and Supply Chain Management

6th Edition

ISBN:9781285869681

Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Publisher:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Chapter2: The Purchasing Process

Section: Chapter Questions

Problem 4DQ

See similar textbooks

Similar questions

D. Purchase requisition. For effective planning and control decisions, managers must focus on the following A. Continuous improvement and benchmarking B. Key success factors C. Value chain and supply chain analysis D. Sustainability The key document that contain information relating to a particular job is called
Explain the Purchasing Portfolio that is being used in McDonald's with a diagram
Which of the following terms describes: "the flow of goods, services, and information from the initial sources of materials and services to the delivery of products to consumers"? a. enterprise resource planning (ERP). b. customer list. c. supply chain. d. material requirements planning (MRP).
Answer 12.7a-c Please show detailed calculations or software output
Discuss the plans that provide for variable incentives linked to a standard expressed as a time period per unit of production.
Josh Smith, the materials manager at a retail store, has determined that a particular product experienced 5 turns last year, with an annual sales volume of $15 million. What was the average inventory value for this product last year? $2.5 million $2.75 million $3 million $5 million
1.Which of the following pertains to an efficient supply chain? A)It deals with innovative products B)The product life cycle will be short C)It is worthwhile to invest in good forecasting systems D)All of the above 2.Which of the following costs do not come under inventory carrying cost calculation? A)Investment in a software for updating stock position online B)Investment in stores space C)Salaries of procurement personnel D)Cost of maintaining the inventory stocks 3.Which of the following will have lesser bullwhip effect in a supply chain? A)Supply Chain co-ordination B)Opening more stocking points closer to the point of consumption C)Empowering the lower echelons of the inventory to take decisions on fulfilling the demand D)All of the above
Q1: Explain separately the importance of the flow of activities to enhance the quality in the operations of the manufacturing and service industries? Q2: Intricate the strategic importance of the six sources strategies in the supply chain.
System design refers to: Select one: a. New product fit in existing organisation processes b. Review of target market requirements c. All of these d. Detailed design specifications e. Design match to strategy Order winners are goods or services that customers Select one: a. Consider buying b. Can afford to buy c. Actually buy d. Lay-bye Supply side of the supply chain is referred to as Select one: a. None of these b. Downstream c. Upstream d. Forward integration e. Vertical integration
Works Inc. designs industrial tooling parts and makes the molds for those parts. The following activities take place when the company creates a new mold. Classify each cost as unit level (U), batch level (B), product/process level (P), or organizational level (O). Consultation with equipment manufacturer on design specifications Engineering design of mold Creating mold Moving materials from warehouse for test quantity Direct materials for test quantity to judge conformity to design specifications Inspecting test quantity Preparing design specification changes based on test molds Depreciating small kiln used solely for test quantities Depreciating manufacturing building
Quantity and quality reduction strategy is a decision that applies changes with the current brand to adopt with the current need of the customer in the economy because: a. sales target are no longer achievable b. on-going economic recession c. price are no longer acceptable d. attain sustainable market share
Which of the following is a performance measure used to measure customer service for a build to stock customer strategy? Select all that apply! - Group of answer choices - Line item fill rate - Return Rate - Inventory Values - Return on Sales