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Author Question: What are the basic ingredients of a good collection of performance measures? What will be an ... (Read 14 times)

Zoey63294

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on: Jul 7, 2018
What are the basic ingredients of a good collection of performance measures?
 
  What will be an ideal response?

Question 2

In which stage of the simulation methodology do you determine the variables and gather data?
 
  A) defining the problem
  B) designing the experiment
  C) testing and validating the model
  D) constructing the simulation model


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reelove4eva

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Reply #1 on: Jul 7, 2018
Answer to Question 1

 Measures should focus on key factors.
 Measures should be a mix of past, present, and future.
 Measures should balance the needs of shareholders, employees, partners, suppliers, and other stakeholders.
 Measures should start at the top and flow down to the bottom.
 Measures need to have targets that are based on research and reality rather than be arbitrary.

Answer to Question 2

D


Zoey63294

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Reply 2 on: Jul 7, 2018
Great answer, keep it coming :)

anyusername12131

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Reply 3 on: Yesterday
Excellent

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