Question
The table gives the three supply chain performance measures for firms K, L, M and N that are in the same industry. If we think
The table gives the three supply chain performance measures for firms K, L, M and N that are in the same industry. If we think that all three are equally important in determining the overall performance and everything else being equal, which of the following is not true?
Inventory Turnover | Assets committed to inventory | Weeks of supply | |
Firm K | 11 | 23 % | 7 |
Firm L | 9 | 21% | 11 |
Firm M | 18 | 15% | 5 |
Firm N | 6 | 28% | 8 |
a. | Firm K performs better than firm N | |
b. | Firm M’s performance is the best | |
c. | Firm N performs the worst in two of the three measures | |
d. | Firm K performs better than firm L |
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Microeconomics An Intuitive Approach with Calculus
Authors: Thomas Nechyba
1st edition
538453257, 978-0538453257
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