A Benefit Is a Perceived Favorable Result That Is Derived

question 29

True/False

A benefit is a perceived favorable result that is derived from the presence of a particular feature.

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Definitions:

Performance Measurement Metrics

Quantitative indicators used to assess and monitor the performance of processes, employees, departments, or organizations against key objectives.

Customer Input

Feedback or information provided by customers regarding their preferences, experiences, or expectations about a product or service.

Dollar Fill Rate

A metric in supply chain management that measures the value of goods received by a customer against the total value of the order placed.

Item Fill Rate

A supply chain metric that measures the percentage of customer or production orders satisfied from stock at hand.