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50. Why must companies measure performance of the supply chain?

To measure the company financial

performance

To respond to market demand for new products

To determine how to increase efficiency and reduce costs

To make a basis for new product development


51. Which responsibility allows a company to assess the effectiveness of their supply chain through their continuous improvement requirements?

Implement larger compensation incentives

Track performance

Replace underperforming employees

Revise budgets


52. What is the measure of inventory management policy effectiveness?

Days' supply

Cycle counting

Inventory costs

Inventory turnover

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