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KPIs in Supply Chain Management Chapter Exam

Exam Instructions:

Choose your answers to the questions and click 'Next' to see the next set of questions. You can skip questions if you would like and come back to them later with the yellow "Go To First Skipped Question" button. When you have completed the practice exam, a green submit button will appear. Click it to see your results. Good luck!

Page 1

Question 1 1. When analyzing storage space utilization, what is considered the ideal range?

Question 2 2.

Four metrics are being analyzed:

  1. Order entry accuracy - 90%
  2. On time delivery - 90%
  3. Accurate invoicing - 98%
  4. On time shipping - 98%

What is the value of the perfect order metric?

Question 3 3. Which of the following is NOT one of the supply chain four key performance indicators?

Question 4 4. A customer orders 50 items, but only 30 items (60% of the total order) can be shipped from a company's inventory. Which KPI does this scenario represent?

Question 5 5. A _____ is a path of all the organizations involved in a product's design, production, and delivery to a customer.

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Question 6 6. Which of the following is a costing method that assumes inventory items are sold in the order in which they are acquired?

Question 7 7. Which costing method assumes that the most recent inventory items purchased are the first ones to be sold, and inventory items purchased first are sold last?

Question 8 8. Which of the following is a costing method that is used to track cost specific and identifiable inventory items that are either in or out of stock?

Question 9 9. Why is inventory valuation used?

Question 10 10. Sam sells his inventory from a booth. He grabs whichever item he can and, at the end of the month, has sold everything. Which costing method would Sam use?

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Question 11 11. How long it takes to manufacture a single unit is called:

Question 12 12. Which key indicator results in a figure that represents the number of days' worth of product available?

Question 13 13. On-time rate is best calculated by dividing the number of on-time _____ by the number of total orders shipped.

Question 14 14. Which key indicator tells a business owner if their warehouse is too big?

Question 15 15. Which key indicator tells a business owner how efficient a factory is with regards to money?

KPIs in Supply Chain Management Chapter Exam Instructions

Choose your answers to the questions and click 'Next' to see the next set of questions. You can skip questions if you would like and come back to them later with the yellow "Go To First Skipped Question" button. When you have completed the practice exam, a green submit button will appear. Click it to see your results. Good luck!

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