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Mamont248 [21]
2 years ago
13

Rather than relying on inspections to ensure quality, problems should be_____ out of a product or process

Business
1 answer:
SSSSS [86.1K]2 years ago
7 0

Rather than relying on inspections to ensure quality, problems should be <u>designed</u> out of a product or process.

Identification of a market opportunity, precise problem definition, creation of a suitable solution, and user validation of that solution are all steps in the process of product design.

A strategy for problem-solving in practice is design thinking. Design thinking has gained popularity as a method of producing goods since it was first popularized by IDEO's David Kelley and Tim Brown.This strategy combines the principles and practices of human-centered design into one overarching philosophy.

Because design thinking is concerned with the entire product development process and not just the "design phase," good designers have always applied it to the creation of products, whether they are physical or digital.

To learn more about Product Design here

brainly.com/question/26015791

#SPJ4

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Justine has just started a company that makes notebooks and other stationery items out of recycled materials. She has decided to
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10% is a high-profit margin

Explanation:

Since Justine is just starting her new business this might actually be a bad idea because 10% is a high-profit margin. In new business, you need to start off with very small profit margins in order to attract customers with low prices and grow a loyal customer base. Once the business begins to grow and sales start kicking up then you may begin increasing your profit margins.

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What item can a consumer expect to find in a retail store
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Read 2 more answers
The following selected transactions were completed by Fasteners Inc. Co., a supplier of buttons and zippers for clothing:
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Answer:

20Y3

Nov. 21 :

Debit Notes receivable $66,000

Credit Accounts receivable $66,000

<em>(To recognize notes receivable iro past due account)</em>

Dec. 31:

Debit Interest revenue $161.33

Credit Interest receivable $161.33

<em>(To record accrued interest on notes receivable)</em>

Jan. 20:

Debit Cash $66,880

Credit Notes receivable $66,000

Credit Interest receivable $880

<em>(To record payment of note and interest on Nov. 21 notes)</em>

Explanation:

Note receivable is a promissory note with a written promise made by the borrower to the lender (payee) to pay a certain, definite sum at a specified date.

Interest revenue on the notes is calculated as: Principal x Interest Rate x Time

In this case, the total interest expense is $66,000 x 8%/12 x 2 months = $880.

Total interest expense to the Company as at December 31 is therefore $880 / 60 days x 11 days = $161.33.

8 0
2 years ago
On January 1, 2019, Woodstock, Inc. purchased a machine costing $40,000. Woodstock also paid $1,000 for transportation and insta
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Answer:

D. $6,000

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The book value of a new asset includes the purchase price and other related costs that make it ready for use. For Woodstock company, the book value of the new machine will be the buying price of 40,000 plus 1000 transport costs.

Book value = $41,000

The straight-line depreciation method charges equal amounts throughout the life of the asset.

The depreciable amount = asset value - salvage value

=$41,000 - $5000

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The depreciation rate = 1/6 x 100

=16.66 %

Annual depreciation = 16.66% x $36,000

=16.66/100 x $36,000

=0.16667 x $36,000

=$6,000

7 0
3 years ago
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