Answer:
Production 830,000
Explanation:
- FG(units)
Beginning 31,000
Ending 81,000
Sales 780,000
Production 830,000
<em>sales + ending - beginning = production</em>
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We are asked for the finished good units to produce.
The raw materials are irrelevant in this question.
What was robert jacobs and richard chase (2018). operations and supply chain management, 16th edition; (COMPLETE QUESTION)
With a light emphasis on quantitative coverage, Operations and Supply Chain Management, 16e covers the full spectrum of Operations Management and Supply Chain. It offers pertinent and up-to-date Operations Management topics with an emphasis on economics and the global economy, analytics content that uses math models to link decisions to pertinent data, and proper problem-solving techniques.
This sixteenth edition gives students a set of more practical skills and tools as well as examples of what businesses are doing to gain a competitive advantage in the market. Reducing the cost of supply chain processes, integrating and collaborating with customers and suppliers, sustainability, and lowering the long-term cost of products and processes are all current business hot themes that pertain to operations and supply chain management.
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It is true that the general increase in prices over time we pay for goods and services is known as inflation.
<h3>What is inflation?</h3>
Inflation is the term used to describe an increase in the price of goods and services that households buy. It is determined by how quickly these prices fluctuate. Prices frequently rise with time, but they can also fall (a situation called deflation).
The main categories of inflation are as follows:
Demand-pull inflation: It explains how rising prices for products and services can result from increased demand. People will typically pay more for something if there is a shortage of it.
Cost-push inflation: When demand-pull inflation is active, it frequently starts up. Businesses must raise their pricing as a result of rising raw material costs, regardless of market demand.
Built-in inflation: Employees may start requesting pay increases from their employers as demand-pull inflation and cost-push inflation take place. Employers risk experiencing a labor scarcity if they don't keep their pay competitive.
Built-in inflation occurs when a company increases employee wages or salaries while also trying to maintain profit margins by boosting prices.
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Answer:
C. Meeting the needs and wants of customers.
Explanation:
An organization should be able to produce products that will meet the need of the customers compare to what competitors can offer.
Before a company can produce anything, it must first of all check the need of the customers. After checking and knowing the needs, the company can then proceed to produce goods that meet and satisfy those customers need.
Although, the main reason why companies engage in business is to make profit,marketing concept helps firms to sell their products because it is an important means to achieving sales and profit.
