Which one of the following performance measures is not true of a world class firm?

A) short time placing an order
B) high percentage of accepted material
C) large lead time
D) high percentage of on-time deliveries
E) low number of shortages per year

World Class Firm

A company that achieves high levels of efficiency, competitiveness, and profitability, recognized globally for excellence in its operations and services.

Performance Measures

Metrics or standards used to evaluate the efficiency, effectiveness, and quality of operations or activities within an organization.

Large Lead Time

An extended period that passes from the initiation of a process to its completion, often seen in manufacturing and supply chain management.