When a firm seeks to ship out 95 percent of its orders within five hours of receipt, it is involved with
A) an order cycle.
B) just-in-time inventory management.
C) inventory turnover.
D) a distribution standard.

Question

Quizplus · Accepted Answer

This is an example of a distribution standard, which refers to the performance levels that a company's logistics system seeks to achieve in distributing its products. The specific goal of shipping out 95 percent of orders within five hours is a standard set to measure the efficiency and effectiveness of the distribution process.

When a Firm Seeks to Ship Out 95 Percent of Its