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vladimir1956 [14]
2 years ago
12

How would you best describe operations management?

Business
1 answer:
Nikitich [7]2 years ago
7 0

The management of business procedures to achieve the best level of productivity within an organisation is known as operations management (OM). In order to increase an organization's profit, it is concerned with transforming resources like labour and materials into products and services as effectively as feasible.

Operations management is a branch of management that focuses on planning, organising, and redesigning the production process for goods or services as well as business operations.

Managing an organization's operations and processes is known as operations management. Supply chain management, product design, forecasting, quality control, and delivery management are a few of the tasks carried out by an operations manager.

Planning, arranging, and overseeing in the contexts of production, manufacturing, or the provision of services are the main concerns of operations management.

To learn more about operations management here

brainly.com/question/1382997

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FromTheMoon [43]

Answer:

b. prevent mergers that would decrease competition and raise the costs of production

Explanation:

Antitrust laws are set up to prevent unfair advantage by a firm or group of firms in the market. The main aim is to provide a level playing field for all forms in a particular industry.

This is done by increasing competition among the firms and reducing cost of production.

Cost reduction help new firms to enter the market easily.

So antitrust laws have economic benefits when they prevent mergers that would decrease competition and raise the costs of production.

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3 years ago
How did CNN change news?
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Bag​ Ladies, Inc. manufactures two kinds of bagslong dash—totes and satchels. The company allocates manufacturing overhead using
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Answer:

The overhead cost allocated to Totes is $11556 and option c is the correct answer

Explanation:

To allocate the overheads between products using a plant wide rate, we need to calculate the plant wide Overhead absorption rate (OAR). The OAR allocates overheads to each product based on the activity level consumed by each product.

OAR = Budgeted Overheads  /  Budgeted Absorption base

As the overhead absorption base is the direct labor cost, we first need to determine the total direct labor cost for both the products.

Direct labor cost = 64 * 350  +  51 * 530  =  $49430

OAR = 25500 / 49430  =  $0.5159 per direct labor cost of $1

Direct labor cost used by Totes = 64 * 350 = $22400

Overheads to be allocated to Totes = 22400 * 0.5159  = $11556.16 rounded off to $11556  

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3 years ago
Sales for boxes of Girl Scout cookies over a 4-month period were forecasted as follows: 100, 120, 115, and 123. The actual resul
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Answer:

7

Explanation:

See attached file

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<span>The answer is 516,250 by first calculating expenses (6,500,000-40,000-expenses=590,000), net income = revenue-expenses.</span>
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