These are sample practice MCQs created for exam preparation. These are NOT official exam questions.
TABLE: Supplier Scorecard | Vendor | On-Time Delivery % | Quality Score | Price Index | Lead Time (days) | A: 94%, 9.2/10, 105, 14 | B: 88%, 9.6/10, 98, 21 | C: 96%, 8.8/10, 102, 18 | D: 91%, 9.4/10, 100, 16. If price index 100 = market average, which vendor offers the best combination of lowest cost and highest on-time delivery?
Question:
TABLE: Supplier Scorecard | Vendor | On-Time Delivery % | Quality Score | Price Index | Lead Time (days) | A: 94%, 9.2/10, 105, 14 | B: 88%, 9.6/10, 98, 21 | C: 96%, 8.8/10, 102, 18 | D: 91%, 9.4/10, 100, 16. If price index 100 = market average, which vendor offers the best combination of lowest cost and highest on-time delivery?
TABLE: Supplier Scorecard | Vendor | On-Time Delivery % | Quality Score | Price Index | Lead Time (days) | A: 94%, 9.2/10, 105, 14 | B: 88%, 9.6/10, 98, 21 | C: 96%, 8.8/10, 102, 18 | D: 91%, 9.4/10, 100, 16. If price index 100 = market average, which vendor offers the best combination of lowest cost and highest on-time delivery?
Options
Answer: (B) Vendor B
Explanation:
Below-market pricing: B (98) and D (100). Of these, B has lower price. Comparing delivery: B = 88%, D = 91%. While D has better delivery, B has significantly lower cost (2% below market vs. at market). B offers best value proposition despite lower delivery rate.
Explanation:
Below-market pricing: B (98) and D (100). Of these, B has lower price. Comparing delivery: B = 88%, D = 91%. While D has better delivery, B has significantly lower cost (2% below market vs. at market). B offers best value proposition despite lower delivery rate.
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