Author Question: Consider a firm with a 2012 net income of $20 million, revenue of $60 million and cost of goods sold ... (Read 38 times)

asd123 · **on:** Dec 3, 2019

Question 1

Which one of the following performance measures is not true of a world class firm?
◦ high percentage of accepted material
◦ large lead time
◦ high percentage of on-time deliveries
◦ low number of shortages per year
◦ short time placing an order

Question 2

Consider a firm with a 2012 net income of $20 million, revenue of $60 million and cost of goods sold of $25 million. If the balance sheet amounts show $2 million of inventory and $500,000 of property, plant & equipment, how many weeks of supply does the firm hold?
◦ 5.20
◦ 2.60
◦ 4.16
◦ 12.50
◦ 0.08

laurnthompson · **Reply #1 on:** Dec 3, 2019

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