What are the scorecard points received by this supplier for the percentage PPM improvement in this quarter?
An automotive manufacturer procures an important engine part. The tool that the manufacturer uses to monitor the part supplier is a supplier scorecard. With respect to part quality, two primary performance metrics monitored are parts per million (PPM) defects and percent PPM improvement. The following measures are used for the scoring criteria:
Data collected on the supplied part over the present quarter indicated 15 defects with 325,000 parts received. The PPM defect rate in the prior quarter was 73.
A) 0
B) 5
C) 10
D) 15
B) 5
You might also like to view...
External auditors evaluate company controls to ensure the financial statements are presented fairly, in accordance with Generally Accepted Accounting Principles
Indicate whether the statement is true or false
Williams manufactures a variety of iron products, made to customer specifications, in small batches. Willie Williams, owner, is concerned that he does not have an accurate understanding of the costs of production. You, a newly-minted MBA, have researched his business and identified various costs and cost drivers
The service departments (Janitorial, HR, and Data Services) are allocated to the two production departments (Welding and Assembly). Janitorial costs are allocated using square feet, HR using number of employees, and Data Services using number of transactions. You recall that there are several approaches to the allocation of service department costs, direct, step-down and reciprocal methods.
If the reciprocal method is applied, which is true?
A. Welding's total costs after allocation are $115,840.52
B. Assembly's total costs after allocation are greater than $100,000
C. Janitorial is allocated $1,119.74 from Data Svcs
D. HR's total costs after allocation are $46,059.25
E. None of the above
One of the effects of Superfund site designations: A)?Is an increase in brownfields
B)?Increased due diligence. C)?No clean-ups. D)?a and b only
When a limited partnership dissolves, the general partner receives his share of the profits and capital contributions before the limited partners are paid
a. True b. False Indicate whether the statement is true or false