Answer: See explanation
Explanation:
Merchandise inventory are goods which a wholesaler or distributor has gotten from the suppliers in order to sell to third parties.
On May 9, merchandise inventory was calculated as:
= 960 ÷ 13000 × 7800
= 576
Check the attached file for further explanation
True because you need a Signature to use it as credit
Answer:
The answer is: A) How goods and services are produced.
Explanation:
Operations management tries to crest the highest possible level of efficiency within an organization.
One of its main concerns is how to transform materials and labor into goods (or services) as efficiently as possible to maximize profit.
In order to maximize efficiency, operations managers must be experts on the production processes of the organization.
Answer:
85.71%
Explanation:
The computation of the utilization rate is shown below:
Utilization rate = (Actual output ÷ Desired output) × 100
where,
Actual output = 6,000 hammers
Desired output = 7,000 hammers
So, the utilization rate is
= (6,000 hammers ÷ 7,000 hammers) × 100
= 85.71%
By dividing the actual output by the desired output we can get the utilization rate