Description:
Total Possible Score: 8.00
Distinguished - Accurately calculates BB’s current cash conversion cycle.
Proficient - Calculates BB’s current cash conversion cycle with some minor errors or omissions.
Basic - Calculates BB’s current cash conversion cycle with several relevant errors and/or omissions.
Below Expectations - Attempts to calculate BB’s current cash conversion cycle; however, many significant errors and omissions are present.
Non-Performance - The calculation of current cash conversion cycle is either nonexistent or lacks the components described in the assignment instructions.
Distinguished - Accurately determines the economic order quantity, the amount of safety stock, and the reorder point for aluminum ingots. Shows all necessary work.
Proficient - Determines the economic order quantity, the amount of safety stock, and the reorder point for aluminum ingots. All work is shown, but there are some minor inaccuracies or omissions.
Basic - Determines the economic order quantity, the amount of safety stock, and the reorder point for aluminum ingots. Most work is shown but there are several relevant inaccuracies and/or omissions.
Below Expectations - Attempts to determine the economic order quantity, the amount of safety stock, and the reorder point for aluminum ingots; however, not all work is shown and there are many significant inaccuracies and omissions present.
Non-Performance - The determination of the economic order quantity, the amount of safety stock, and the reorder point for aluminum ingots are either nonexistent or lack the components described in the assignment instructions.
Distinguished - Comprehensively explains if the firm should relax its credit standards.
Proficient - Explains if the firm should relax its credit standards. Minor details are missing.
Basic - Partially explains if the firm should relax its credit standards. Relevant details are missing.
Below Expectations - Attempts to explain if the firm should relax its credit standards; however, significant details are missing.
Non-Performance - The explanation of whether the firm should relax its credit standards is either nonexistent or lacks the components described in the assignment instructions.
Distinguished - Comprehensively explains if the firm should offer the cash discount.
Proficient - Explains if the firm should offer the cash discount. Minor details are missing.
Basic - Partially explains if the firm should offer the cash discount. Relevant details are missing.
Below Expectations - Attempts to explain if the firm should offer the cash discount; however, significant details are missing.
Non-Performance - The explanation of whether the firm should offer the cash discount is either nonexistent or lacks the components described in the assignment instructions.
Distinguished - All calculations are correct and adequately all inclusive. Calculations are presented clearly and succinctly.
Proficient - Calculations are mostly accurate and adequately comprehensive to solve the problem.
Basic - Calculations are somewhat accurate and/or represent only a limited number of the calculations required to solve the problem.
Below Expectations - Calculations were attempted but are incorrect and are not comprehensive.
Non-Performance - The assignment is either nonexistent or lacks the components described in the instructions.
Distinguished - Displays meticulous comprehension and organization of syntax and mechanics, such as spelling and grammar. Written work contains no errors and is very easy to understand.
Proficient - Displays comprehension and organization of syntax and mechanics, such as spelling and grammar. Written work contains only a few minor errors and is mostly easy to understand.
Basic - Displays basic comprehension of syntax and mechanics, such as spelling and grammar. Written work contains a few errors which may slightly distract the reader.
Below Expectations - Fails to display basic comprehension of syntax or mechanics, such as spelling and grammar. Written work contains major errors which distract the reader.
Non-Performance - The assignment is either nonexistent or lacks the components described in the instructions.