How Is On-Time Delivery Performance Calculated

question 4

Multiple Choice

How is on-time delivery performance calculated?

• A)orders delivered on time/total number of orders delivered
• B)orders delivered on time/total sales dollars
• C)orders delivered on time/total production
• D)orders delivered/orders delivered on time

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Definitions:

Monetarists

Economists who assert that the dynamism in the money supply significantly shapes short-term national economic performance and price levels over the long haul.

Real Output

The total goods and services produced by an economy, measured in constant prices to adjust for inflation, synonymous with real GDP.

Incentives

Something that motivates or encourages an individual or group to perform or act in a certain way.

Savings

The portion of income not spent on current expenditures and set aside for future use.