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2 years ago

Accepting a good-quality lot would be a _____.

Business

1 answer:

fredd [130]2 years ago

5 0

Accepting a good-quality lot would be a correct decision.

OPTION B "correct decision" is the right answer according to Acceptance Sampling model.

Utilized in quality assurance, acceptance sampling is a statistical method for measuring the reliability of a product or service. It enables a business to ascertain a batch's quality by randomly sampling from it. The standard of quality for the whole set of products will be assumed to be equal to that of the selected sample.

It is impossible for a corporation to constantly test every single one of its goods. It's possible there are too many to inspect efficiently or cheaply. Extensive testing could also compromise the product's quality or render it unmarketable. If a representative sample were tested, the results would be accurate without jeopardizing the rest of the production run.

Acceptance sampling is a method of quality control in which a representative sample of a product batch is tested and its quality is inferred from the results. Acceptance sampling is useful for quality control when implemented properly.

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CL Inc., a new firm, used mass media to gain traction among customers. The company used sales promotions and public relations to

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Answer:

integrated marketing communications

Explanation:

Interpreted marketing communications is a method that employs all communication tools so that they can work harmoniously. Integration of various means of communication leads to higher productivity.

In this instance CL Inc used sales promotions and public relations to achieve the long-term targets and goals identified by the top management. It also direct marketing on a project to project basis.

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3 years ago

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Custom Creations Furniture Company manufactures furniture at its Akron, Ohio, factory. Some of its costs from the past year in

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Prime costs & manufacturing overhead costs for Comfy Furniture Company totaled $214,000 and $252,000 respectively.

The direct costs of production which includes raw materials and labor is known as "Prime Cost".

The computation of Comfy Furniture Company Prime cost is as follows:

Particulars Amount

Fabric used to upholster furniture $7,000

Freight-in (on raw materials) $2,500

Wages paid to assembly-line workers $132,500

Lumber used to build product $72,000

Total prime cost $214,000

The indirect costs of production which includes depreciation of equipment, salary and wages is known as "manufacturing overhead costs"

The computation of Comfy Furniture Company manufacturing overhead costs is as follows:

Particulars Amount

Depreciation on factory equipment $16,000

Factory supervisor salary $52,500

Lubricants used in factory equipment $3,000

Wages paid to factory maintenance workers $115,000

Utilities in factory $44,500

Total manufacturing overhead costs $252,000

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3 years ago

What part of the unit correlates to this Ted Talk and shares the same concepts that are covered? Discuss the similarities betwee

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3 years ago

________ is the shift from people making their own fun to people purchasing it as goods and services.

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The commodification of recreational activities is the shift from people making their own fun to people purchasing it as goods and services.

<h3>What is commodification?</h3>

This is when values are assigned to objects or things which are previously meant for fun. Commodification occurs when something that used to have intrinsic value gradually develops a monetary value like water, or sunshine, or knowledge as an example.

Here, human and socio cultural value are converted into market value which also applies to goods, services, ideas, and other forms and products.

Commodification provides benefit to a business environment which includes opportunities for developing new products and services inorder to meet ever changing customer needs and demand.

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2 years ago

8) A useful characteristic of money is that money

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