According to the theory of constraints, it is not right for the manufacturers to match the capacity with the demand by balancing capacity across a sequence of processes.
Answer: True
<u>Explanation:</u>
The theory of constraint is that theory where the importance is given to that factor which acts as a constraint in the production process. The limiting factor is identified here because it is considered as a bottleneck and reduces the productivity.
The manufacturers should not try to match capacity with the demand of the good in the process. Unbalanced capacity is considered better in this theory.
Answer:
IT is helping the change process
Explanation:
Information technology has revitalized today's business operations. Business models incorporating IT are fast, cost-friendly, and more responsive to market demand.
As business models endeavor to meet the needs of modern customers, IT is helping the process by offering innovative solutions. Emerging business models are anchored on modern IT.
Answer:
Financial flow
Explanation:
A supply chain in an organization consists of the integrated processes involved as raw materials obtained from suppliers move to the production stage, and then to the stage where they are distributed to customers.
There are three supply chain management flows which are; product flow, <u>financial flow</u> and, information flow.
Information such as payment schedules, ownership of products and materials and consignment are contained in the <u>financial flow</u>.
Answer: d. the firm's least expensive average total cost for any level of output
Explanation:
In the long-run, the company is expected to be able to solve whatever problems that is limiting its efficiency such that it is only able to produce at the cheapest costs possible.
The long-run average cost curve will therefore try to illustrate this by showing the least expensive average total cost for any level of output. Every point on the LRAC will be the lowest total cost associated with the level of output that it is graphed against.
Answer:
$8.6
Explanation:
Calculation for How much total interest is he charging
First step is to calculate the present value (PV) using financial calculator by using this formula
PV=PV(Rate,Nper,PMT,FV,Type)
Rate represent Interest Rate
Nper represent Period
PMT represent Payment
FV represent Future Value
Type = 1 which represent the annuity due reason been that the 1st payment is to be made today
Let plug in the formula
Rate = 2%
Nper = 6
PMT = $30
FV = 0
Type = 1
Hence,
PV = PV(2%,6,30,0,1)
PV= $171.40
Since we have known the PV the last step is to calculate the total interest
Using this formula
Total interest =( PMT*Nper)-PV
Let plug in the formula
Total interest = ($30*6) - $171.40
Total interest = $180 - $171.40
Total interest = $8.6
Therefore the amount of the total interest he will be charging is $8.6