Use the information below to answer the following question(s) .
A computer manufacturer procures memory chips from its key supplier.The tool that the manufacturer uses to monitor the part supplier is a supplier scorecard.With respect to delivery performance,the primary performance metric monitored is the percentage of orders delivered complete and on-time.The manufacturer also monitors the supplier's service performance and measures the invoice accuracy rate (% of invoices that are accurate) .The following measures are used for the scoring criteria:
Data collected on the supplied orders over the present quarter indicated that 350 orders were delivered and out of these 10 orders were incomplete,5 orders were late and another 15 orders were incomplete and late.Also out the 350 invoices for the shipments delivered,there were errors on 50 invoices.
-What is the service performance-i.e. ,percentage of invoices that are accurate for this quarter?
A) 55%
B) 78%
C) 86%
D) 92%
Correct Answer:
Verified
Q36: The document which contains the specifications of
Q37: Discuss the concept of win-win negotiations in
Q38: Many firms are focused on helping their
Q39: A request for proposal (RFP)is used when
Q40: Apple outlines its high standards for creating
Q42: Use the information below to answer the
Q43: Engineering personnel are typically included as members
Q44: Defining key metrics and cost-sharing mechanisms occurs
Q45: The supplier development process is the sole
Q46: Use the information below to answer the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents