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# Supply Chain Logistics Management

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## Quiz 13 : Performance Management

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:
Free
Multiple Choice

B

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

B

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

True

-In the above Strategic Profit Model what is the hypothetical firm's ROA?
Multiple Choice
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
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
Recent research suggests that most firms currently are unable to actually measure the profitability of serving specific customers.
True False
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
It is more difficult to achieve a high percentage order fill rate than a high percentage item fill rate.
True False
What is the firm's new net profit margin?
Multiple Choice
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
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
The firm's new asset turnover is closest to?
Multiple Choice
Which of the following metrics would be part of the "internal operations perspective" in the Balanced Scorecard?
Multiple Choice
Which of the following supply chain comprehensive metrics is likely the most difficult to actually quantify?
Multiple Choice
In the above question,Jingle's line fill rate was:
Multiple Choice