Total on-time and full orders divided by total orders is which inventory performance measure?
a. Stockouts
b. Delivery Performance
c. Response Time
d. Back Order Duration
b. Delivery Performance
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With reference to the classic linear approach to new product development, the ________ phase of the new product development process includes a step to screen the concepts developed in the first stage
A) opportunity identification B) initial design and concept screening C) business analysis D) life cycle management
If the seller refuses to deliver the goods called for by the contract, the buyer can:
A. get the difference between the contract price of the goods and their market price at the time the buyer learns of the seller's breach. B. seek specific performance even if the goods ordered are not unique in nature. C. avoid giving the seller any credit for expenses saved. D. sue for only consequential damages, and if he fails, get a percentage of the difference between contract price and market price.
The management process includes all of the following stages except
a. evaluate. b. communicate. c. plan. d. record.
In order to justify a performance rating, the supervisor must
a. Be an expert in the job b. Have human resources experience c. Have at least five years experience as a supervisor d. Communicate a clear definition of what each rating level means