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2 years ago

A motivation for scientific management, which uses time and motion studies and work standardizations, is to:

Business

1 answer:

bulgar [2K]2 years ago

7 0

Make manual labor work more efficiently.

Scientific management

This is an art of knowing accurately that "what is to be done" and "how it's to be done". There are some of the studies:

MOTION STUDY- This is the study which helps to reduce unwanted movements so that it would take very less time to perform the job effectively.

TIME STUDY- This helps in setting the standard time for performing the particular task more efficiently. It is to be set according the task given.

WORK STANDARDIZATION- It is the type of a process in which standards are set for every business activity- raw materials, product, time, methods or working conditions.

Hence, these are all studies which helps to make "manual labor work more efficiently".

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Match each Act to its purpose.

Marta_Voda [28]

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Protects consumers from unfair credit card billing practices.

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Prevents, detects, and prosecutes international money laundering

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2 years ago

A company uses the retail method to estimate inventories. The following information is for the first six months of the current y

Tanya [424]

Answer:

The correct answer is $240,000.

Explanation:

According to the scenario, given data are as follows:

Beginning inventory at cost = $70,000

Beginning inventory at retail = $100,000

Net purchases at cost = $270,000

Net purchases at retail = $360,000

Total sales = $320,000

According to the LIFO method.

Particulars Cost Retail Cost/Retail Ratio

Beginning inventory $70,000 $100,000 70%

Net purchases $270,000 $360,000 75%

Total Inventory $340,000 $460,000

Total sales $320,000

Ending inventory ( Estimated )

($360,000-$320,000)× 75% $30,000

$70,000 × 70% $70,000

Ending inventory at cost $100,000

Estimated cost of goods sold $240,000.

Hence the correct answer is $240,000.

7 0

3 years ago

RyanRyan Street Barber Shop pays $ 30$30 per month for water for the first 12 comma 00012,000 gallons and $ 2.50$2.50 per thousa

Phantasy [73]

Answer:

8,000: $30
13,000: $32.50
17,000: $42.50

Explanation:

8,000

This amount is below the quantity for which additional charges accrue. The base charge applies: $30.

13,000

This is 1000 gallons more than you get for $30, so costs an additional $2.50. The total water cost is ...

$30 +2.50 = $32.50

17,000

This is 5,000 gallons more than you get for $30, so costs an additional 5×$2.50 = $12.50. The total water cost is ...

$30 +12.50 = $42.50

_____

Comment on the water charges

$30 is the same as the cost of 12,000 gallons at $2.50 per thousand. So, the total bill can be figured at $2.50 per thousand, with a $30 minimum.

8 × $2.50 = $20, so the charge is the minimum, $30

13 × $2.50 = $32.50

17 × $2.50 = $42.50

4 0

3 years ago

Public awareness is the best preventive measures of-----------------

Svetradugi [14.3K]

Answer:

Any sorts of violenece or any illegal acts on human or their rights and freedom..

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3 years ago

(Prob. 5.32) The industrial engineering department for Invade Air Fresheners has found that a new packing machine should save $4

cluponka [151]

Answer:

It will be willing to pay up to $297,853.46

Explanation:

First, we calculate present value of the cash saving

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 45000

time 8

rate 0.05

$45000 \times \frac{1-(1+0.05)^{-8} }{0.05} = PV\\$

PV $290,844.57

Then, the present Value of the salvage value

$\frac{Salvage}{(1 + rate)^{time} } = PV$

Maturity 7.50 %

time 8.00

rate 0.05

$\frac{7.5}{(1 + 0.05)^{8} } = PV$

PV 5.08 %

This is calculate as a percent, because we are not given with a cash value.

Last, the 12,000 major overhaul

$\frac{Overhaul}{(1 + rate)^{time} } = PV$

Maturity -12,000.00

time 8.00

rate 0.05

$\frac{12000}{(1 + 0.05)^{8} } = PV$

PV -8,122.07

This PV is negative as it is a cash out-flow

Lastly, we add them all:

290,844.57 + 0.0508PV - 8,122.07 = PV

And solve for PV

290,844.57 - 8,122.07 = PV - 0.0508PV

282,722.5‬ = 0.9492PV

282,722.5/0.9492 = PV

PV = 297,853.455541 = 297,853.46

3 0

3 years ago