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diamong [38]
1 year ago
8

Lisa’s pizza is trying to compete with the larger domino’s pizza down the street for customers. She feels she can deliver a bett

er tasting product, faster, and cheaper. She has given all the drivers gps systems; she has ordered in bulk; and she has surveyed customers about what type of pizzas they want. She is practicing.
Business
1 answer:
jolli1 [7]1 year ago
8 0

Lisa's Pizza is trying to compete with the larger Domino's Pizza down the street for customers. Lisa here is trying to practice operations management.

More about operations management:

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.

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.

Teams in charge of operations management strive to produce the maximum net operational profit by balancing costs and revenues.

Learn more about Operations management here:

brainly.com/question/1382997

#SPJ4

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In its 2016 annual report, Caterpillar Inc. reported the following (in millions): 2016 2015 Sales $38,537 $47,011 Cost of goods
Rom4ik [11]

Answer:

B. Gross profit decreased from 28.6% to 26.5%

Explanation:

As for the provided information, we have

Particulars                    Year 2016             Year 2015

Sales                              $38,537                $47,011

Cost of goods sold        $28,309               $33,546

Gross Profit                   $10,228                 $13,465

Gross profit as a percentage of sales shall be:

Year 2016 = \frac{10,228}{38,537} \times 100 = 28.54

Year 2015 = \frac{13,465}{47,011} \times 100 = 28.64

As the percentage is higher of 2015 by 0.1%

The statement B which states that the gross profit has reduced is correct.

6 0
3 years ago
Limits on the quantity or total value of specific products imported to a nation are:_____.
GenaCL600 [577]

Limits on the quantity or total value of specific products imported to a nation are important quotas. Thus option A is correct.

An import quota is an NTB that places an instantaneous restriction on the amount of some goods that may be imported. An export quota may be a restriction on the quantity of products that may leave a rustic. The merchandise which may be imported during a given period usually for one year imposed by the govt to supply benefits to local producers.

  • Import quotas may be described because the fixation on the most quantity of any particular commodity imported therein country, usually implemented to safeguard domestic industries and vulnerable producers.
  • It protects countries’ domestic market from getting flooded with imported goods which are usually cheaper than the identical or similar goods produced by local players because of low cost within the overseas market or high level of efficiency, the expertise of the exporter party.
  • However, this import restriction may affect consumer sentiment as they will not be getting goods at a less expensive cost.

Learn more about import quotas

brainly.com/question/2353154

8 0
2 years ago
Williams Optical Inc. is considering a new lean product cell. The present manufacturing approach produces a product in four sepa
zzz [600]

Answer:

The value-added, non-value-added, total lead time, and the value-added ratio under the present production approaches is as follows:

value-added=20 minutes

non-value-added=905 minutes

total lead time=925 minutes

value-added ratio=2.2%

The value-added, non-value-added, total lead time, and the value-added ratio under the proposed production approaches is as follows:

value-added=20 minutes

non-value-added=50 minutes

total lead time=70 minutes

value-added ratio=28.6%

Explanation:

In order to calculate the  the value-added, non-value-added, total lead time, and the value-added ratio under the present production approaches we would have to use the following formula:

value-added=Process times, step 1 +Process times, step 2+Process times, step 3+Process times, step 4

value-added=5+8+4+3

value-added=20 minutes

non-value-added=Total within batch wait time+movie time

non-value-added=(5+8+4+3)*(45-1)+25

non-value-added=905 minutes

total lead time= value-added+ non-value-added

total lead time=20+905

total lead time=925 minutes

value-added ratio=value-added/total lead time

value-added ratio=20/925

value-added ratio=2.2%

In order to calculate the  the value-added, non-value-added, total lead time, and the value-added ratio under the proposed production approaches we would have to use the following formula:

value-added=Process times, step 1 +Process times, step 2+Process times, step 3+Process times, step 4

value-added=5+8+4+3

value-added=20 minutes

non-value-added=Total within batch wait time+movie time

non-value-added=(5+8+4+3)*(3-1)+10

non-value-added=50 minutes

total lead time= value-added+ non-value-added

total lead time=20+50

total lead time=70 minutes

value-added ratio=value-added/total lead time

value-added ratio=20/70

value-added ratio=28.6%

7 0
3 years ago
What is the main advantage of using templates and other presentations to create a new presentation?.
gladu [14]
They save you time designing slides and allow you to focus more on the content.
7 0
2 years ago
Enables the removal of jurors without having to show bias or other causes.
garik1379 [7]
Peremptory challenges
I also found a quizlet by looking up your question, it might help for any other questions you have.
6 0
3 years ago
Read 2 more answers
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