From the Perspective of the Supply Chain Manager,all of the Following

question 143

Multiple Choice

From the perspective of the supply chain manager,all of the following are qualities characteristic of good metrics EXCEPT:

• A) It uses multiple measures of profitability
• B) It promotes behaviors that are consistent with achieving the objectives
• C) It allows the company to use benchmarks
• D) It allows the firm to monitor its progress toward the achievement of objectives
• E) It motivates continuous improvement

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Definitions:

Regression Line

A straight line in a scatter plot that best fits the data points and shows the relationship between two variables in linear regression analysis.

P-value

The probability of achieving outcomes in a test that are equally or more extreme than the actual observed ones, given the null hypothesis is assumed to be correct.

Null Hypothesis

The hypothesis that there is no significant difference or effect, typically the initial assumption to be tested in statistical hypothesis testing.

Alternative Hypothesis

The alternative hypothesis is a statement used in statistical testing that proposes a relationship between variables or indicates a difference, contrasting with the null hypothesis.