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2 years ago

Is the end-to-end process of managing a supplier through the entire sourcing life cycle?

Business

1 answer:

dalvyx [7]2 years ago

5 0

The answer is the Supplier Relationship Management.

Supplier relationship management (SRM is a methodical way to analyzing suppliers that supply an organization with goods, materials, and services, establishing each supplier's contribution to success, and devising plans to enhance their performance.

The SRM discipline aids in determining the value that each supplier delivers and which ones are most important to company continuity and performance. It also helps managers to establish stronger connections with suppliers depending on the significance of each source.

Therefore, the answer is supplier relationship management.

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Presented below are incomplete manufacturing cost data.

Usimov [2.4K]

Answer and Explanation:

The computation of the missing amount is as follows

As we know that

Total manufacturing costs is

= Direct materials cost + Direct labor cost + Factory overhead cost

And,

Cost of goods manufactured is

= Total manufacturing costs + Beginning work in process - ending work in process

Based on this, the calculation is as follows

 Direct materials Direct labor Factory Total

 overhead manufacturing costs 

1. $44,000 $62,200 $51,100 $157,300

2. $78,500 $77,500 $144,000 $300,000

3. $58,600 $138,400 $114,000 $311,000

Now

Total Manufacturing Costs Beg. Work End. Work Cost of Goods

in Process in Process Manufactured

1. $157,300 $122,000 $85,200 $194,100

2. $300,000 $123,400 $99,800 $323,600

3. $311,000 $465,000 $57,000 $719,000

4 0

3 years ago

Chloe Closson paid for her vacation to the mountains with a $3,000 installment loan at 10% for 12 months. Her monthly payments w

erastova [34]

If Chloe did not pay off the loan, she will payout 263.75 x 12 = $3165.00

However, if Chloe pays off the loan with the sixth payment, she will pay out (263.75 x 5) + 1,786.20 = $3,086.95.

But the question is how much will she save? To get the answer just follow this: 3165.00 - 3086.95 = $78.05

Therefore, Chloe saves $78.05

7 0

3 years ago

for each of the following goods that are imported in the united states, identify which of the three sources of comparative advan

olya-2409 [2.1K]

For each of the following goods that are imported in the United States, abundant input is the only source of comparative advantages that accounts for that country's comparative advantage. Therefore, the option A holds true.

<h3>What is the significance of a comparative advantage?</h3>

A comparative advantage can be referred to or considered as a situation in which a producer has an economic advantage over the other in a number of economic activities. At least two economies need to be a part of the society for the occurrence of a comparative advantage.

Abundant inputs is one of the key sources of comparative advantage. It is considered as a source that can account for another country's comparative advantage, when it lets the United States import its goods.

Therefore, the significance regarding comparative advantage has been aforementioned.

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7 0

1 year ago

In early November, department stores begin to prepare for upcoming holiday sales. Retail stores often make 25 percent or more of

natali 33 [55]

Answer: The correct answer is "(A) Motivation".

Explanation: The purpose of this meeting will be Motivation, because Nancy Cardigan will look for ways to motivate employees who, after the long summer months, are not prepared for the intense burden of Christmas sales, therefore they will try to implement the various motivational techniques such as the payment of bonuses, incentives , etc.

8 0

3 years ago

The background on a company, its industry, and its economic setting is usually included in which of the following sections of a

tekilochka [14]

Answer:

1. Analysis Overview.

6 0

3 years ago