The Metric That Measures the Ability of the Order System

question 81

Multiple Choice

The metric that measures the ability of the order system to react to customer orders is the

• A)order cycle time.
• B)accuracy rate.
• C)item fill rate.
• D)perfect order rate.
• E)on-time delivery.

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Definitions:

Implementing Strategies

The action phase where planned strategies are executed to achieve the organization's objectives.

Evaluating Strategies

The process of assessing the effectiveness and efficiency of different business strategies to meet organizational goals and objectives.

Benchmarking

The practice of comparing business processes and performance metrics to industry bests or best practices from other industries to improve performance.

Organizational Standards

Predetermined levels of excellence that an organization seeks to achieve in its operations, products, and services, typically through the implementation of rules, guidelines, and procedures.