Answer:
Purchases= 470,000 pounds
Explanation:
Giving the following information:
Beginning inventory= 60,000 pounds
Desired ending inventory= 120,00 pounds
Direct material for production= 410,000 pounds.
Purchases= production + ending inventory - beginning inventory
Purchases= 410,000 + 120,000 - 60,000
Purchases= 470,000 pounds
Answer:
The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank Act)
Answer: Social commitment
Explanation: Social commitment is defined as the commitment or burden of the members of a society, whether they are members of a group or as individuals.
When there is a social commitment, people agree and reach a decision in order to fulfill what has been agreed. Regardless of the decisions that have been made as a group, once they are made it is important that they are followed and that everyone does their part.
The answer is Deming management.
Deming management is a type of management that focuses on building and maintaining organizational structures that produce high-quality results.
It involves putting management scholar W. Edwards Deming's principles into practice.
Deming defined management as the establishment and ongoing development of organizational systems.
Customers of the company's goods or services will receive a raise in value as a result of the deployment of such a creative and improved management system. In today's globally competitive environment, which is characterized by quickly evolving technology and customers' aspirations for greater standards of values, continuous improvement is crucial to the management system.
Continuous improvement is the process of constantly refining and enhancing organizational processes, services, and products to produce better value for customers.
Hence, According to Deming management, managers should fix an organization's problems by improving its structure, culture, and work rules while treating employees well.
Learn more about management:
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