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2 years ago

Explain the relationship between the operations management goals of ""efficiency"" and ""effectiveness.""

Business

1 answer:

professor190 [17]2 years ago

3 0

Answer:

→Being efficient implies the system is operating the 'right' way.

The relationship between effectiveness and efficiency is that effectiveness is a measure of 'goodness' of output,

→while efficiency is a measure of the resources required to achieve the output.

Explanation:

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if my movie starts at 11:26 am but it takes 48 minutes to get there what time will it be when I get there

MrRissso [65]

Answer:

12:34

Explanation:

It will be 12:34 if you leave at 11:26

3 0

2 years ago

Read 2 more answers

A summary of cash flows for Adventure Travel Service for the year ended April 30, 2019, follows:

zalisa [80]

Answer:

Adventure Travel Service

Statement of cash flows for the year ended April 30, 2019

Cash flow from Operating Activities

Cash receipts from customers $2,080,000

Cash payments for operating expenses ($1,706,000)

Net Cash from Operating Activities $374,000

Cash flow from Investing Activities

Purchase of land ($400,000)

Net Cash from Investing Activities ($400,000)

Cash flow from Financing Activities

Cash receipt from owner as investment $60,000

Drawings ($40,000)

Net Cash from Financing Activities $20,000

Movement in Cash and Cash Equivalents ($6,000)

Beginning Cash and Cash Equivalents $203,000

Ending Cash and Cash Equivalents $197,000

Explanation:

The Statement of Cash flows shows the results of cash from the following sources : Cashflow from Operating Activities, Cashflow from Investing Activities and Cashflow from Financing Activities.

4 0

2 years ago

In a small economy, consumption spending in 2009 is $6,000, government spending is $1,200, gross investment is $1,500, exports a

icang [17]

Answer:

the gross domestic product is $9,700

Explanation:

The computation of the gross domestic product is shown below

= Consumption spending + government spending + gross investment + exports - imports

= $6,000 + $1,200 + $1,500 + $2,000 - $1,000

= $9,700

Hence, the gross domestic product is $9,700

We simply applied the above formula so that the correct value could come

And, the same is to be considered

5 0

3 years ago

When the number of units in work in process and finished goods inventories decrease, absorption costing net operating income wil

Nastasia [14]

Answer:

b. False

Explanation:

The difference between absorption costing net operating income and variable costing net operating income lies in the fixed costs deferred in closing inventory.

If Production is greater than Sales - Increase in Finished Goods Inventory, Absorption costing net operating income will typically be greater than Variable costing net operating income.

However, If Production is less than Sales - Decrease in Finished Goods Inventory, Absorption costing net operating income will typically be less than Variable costing net operating income.

7 0

3 years ago

The following information applies to questions 9 and 10. Company AB Sales $100,000 $100,000 Variable cost 60,000 40,000 Contribu

Yuki888 [10]

Answer:

D) $36,000

Explanation:

Company Current After Increase Change

Sales $100,000 $140,000 +40,000

Variable cost $60,000 $84,000 +24,000

Contribution margin $40,000 $56,000 +16,000

Fixed expenses $20,000 $20,000 +0

Operating income $20,000 $36,000 +16,000

The Increase in Operating Income will be = $36,000 as our final answer

3 0

3 years ago

Read 2 more answers