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Supply Chain Logistics Management

Business

Quiz 13 :

Performance Management

Quiz 13 :

Performance Management

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Last year,Able Company had Sales of $10 million,Cost of Goods Sold of $6 million,Gross Profit of $4 million and Net Profit of $1 million.Average inventory at cost was $2 million.Able's inventory turn rate was:
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Multiple Choice
Answer:

Answer:

B

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img -In the above "Strategic Profit Model" what is the hypothetical firm's net profit margin?
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Multiple Choice
Answer:

Answer:

B

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Measuring transportation cost per order would be appropriate for the Operations Perspective of the Balanced Scorecard.
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True False
Answer:

Answer:

True

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img -In the above Strategic Profit Model what is the hypothetical firm's ROA?
Multiple Choice
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People who support the use of the contribution approach to segmental profitability feel that the net profit approach is wrong because it allocates costs:
Multiple Choice
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Joe Jones has put in place a new set of performance metrics for the Logistics Department at his firm.He is convinced that these will give him better information about the department's performance,but is concerned that he doesn't know what type of behavior the new measurement system will encourage in his employees.Joe seems to be concerned about which objective of performance measurement?
Multiple Choice
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Recent research suggests that most firms currently are unable to actually measure the profitability of serving specific customers.
True False
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A firm performs at a level of 90% on each individual dimension of its logistics service performance.This suggests that the firm is providing 90% perfect order performance.
True False
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It is more difficult to achieve a high percentage order fill rate than a high percentage item fill rate.
True False
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What is the firm's new net profit margin?
Multiple Choice
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Jingle Corporation received an order from a customer for 100 units of bells,200 units of whistles,and 200 units of dingers.The customer received from Jingle Corporation 90 units of bells,190 units of whistles,and 200 units of dingers.Jingle's item fill rate was:
Multiple Choice
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Suppose two companies have identical profit margins.However,Company A has a higher gross margin than company B.Which one of the following would best explain how company B ends up with the same profit margin?
Multiple Choice
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The firm's new asset turnover is closest to?
Multiple Choice
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Which of the following metrics would be part of the "internal operations perspective" in the Balanced Scorecard?
Multiple Choice
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Which of the following supply chain comprehensive metrics is likely the most difficult to actually quantify?
Multiple Choice
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In the above question,Jingle's line fill rate was:
Multiple Choice
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A firm has an asset turnover of 3 times and a net profit margin of 4%.In the next year its margin decreases to 2%.This is not necessarily bad if
Multiple Choice
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Suppose your company receives trade credit from your suppliers which allows you 10 days to pay for the goods you buy.You flow your inventory through your company every 30 days.You allow your customers 30 days to pay you.Your cash-to-cash cycle time is:
Multiple Choice
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What is dwell time:
Multiple Choice
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What is the firm's new return on assets (choose the closest answer)?
Multiple Choice
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