The common key concepts that are common to the quality
improvement approach are the following;
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Usage of QI tools, this is used for mapping,
analyzing and collecting data.
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Outcomes and measuring are also used.
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Lastly, application of statistical process
control
The cost of unloading is $52,000
Explanation:
Cost is the cash interest that a corporation has expended on sales and accounting to manufacture it. Within an organization, costs represent the amount of money spent on manufacturing or developing a good or service. Price requires no benefit premium.
Resource Unloading Equipment $15,000
Fuel $2,000
Operating Labour = (25% × [4 $35,000] = $35,000)
= $35,000
Total = $35,000+$15,000
+$2,000
= $52,000
In a results-oriented organization that focuses on quality and teamwork, followers should assume primary responsibility.
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Explanation:</u></h3>
The thing that `guides the activities to be carried out for achieving the objectives and goals of an organisation refers to the organisational structure.The activities can include things like role,rules and responsibilities. The organisational structure plays a major roil;e in the determination of how well an organisation can achieve its goals.
The structure that an organisation must follow is dictated by the top management. The organisational structure decides the flow of information into various levels of an organisation. When an organisation focuses mainly on the outcome that is achieved finally without focusing on the way the outcome is reached refers to result oriented organisation. Thus, in such organisation, the followers should assume primary responsibility.
Answer:
-3.49%
Explanation:
Theoretical price (Ft) = $43
Current spot price (St) = $40.5
Storage cost (u) = 2%
Risk free rate (Rf) = 0.5%
T = 1 year
Let y = Convenience yield
Ft = St e^(Rf + u - y)T
43 = 40.5 e^(0.005 + 0.02 - y)
y = - 3.49%
Hence, convenience yield = -3.49%
