Question 106

In order to be counted "perfect" when calculating the perfect-order measure, in addition to theorder containing the correct goods, which of the following must also be perfect?
I. order must ship complete
II. order must arrive on-time
III.
paperwork associated with order must be accurate and complete
  • Question 107

    A firm supplies products and services to a wide variety of industries with varying requirements for responsiveness and reliability. Many customers across these industries are not satisfied with the firm's ability to meet the lead time and on time delivery requirements. Which of the following tools is most appropriate for the firm to use to improve customer service?
  • Question 108

    When determining lot sizes, consideration should be given to balancing which of the following costs?
  • Question 109

    All of the following are parameters of the EOQ EXCEPT:
  • Question 110

    A company has significant cash invested in its finished goods inventories. What action can this company take to significantly reduce its inventory investment while maintaining its customer service levels?