Which of the Following Performance Metrics Is NOT Correctly Associated

question 43

Multiple Choice

Which of the following performance metrics is NOT correctly associated with its description?

• A)time metrics-the amount of time to process an order,the transportation time,and similar variables
• B)efficiency metrics-evaluate inventory turnover or days of inventory on hand,as well as capacity and capital usage
• C)effectiveness metrics-evaluate the percentage of orders delivered on time and customer satisfaction metrics,such as number of customer complaints and percentage of returned items
• D)liquidity metrics-employee turnover,absenteeism rates

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Definitions:

Demand Curve

A graphical representation that shows the relationship between the price of a good and the quantity of the good that consumers are willing and able to purchase at various prices.

Individual Producer

A single entity or person involved in the production of goods or services.

Autonomous Groups

Teams or groups within an organization that operate independently and with the authority to make decisions regarding their projects or tasks.

Enabling Groups

Teams or collections of individuals empowered with the authority or means to initiate change, solve problems, or drive innovation within organizations.