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3 years ago

Whatever the quality improvement approach, what key concept(s) is/are common between each approach?

Business

1 answer:

Ber [7]3 years ago

5 0

The common key concepts that are common to the quality improvement approach are the following;

- Usage of QI tools, this is used for mapping, analyzing and collecting data.

- Outcomes and measuring are also used.

- Lastly, application of statistical process control

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A profit-maximizing monopolist has the cost schedule c(y) = 20y. The demand for her product is given by y = 600/p^4, where p is

marin [14]

Answer:

Decrease her price by $20

Explanation:

Please see attachment for working notes and explanation

8 0

3 years ago

Muffin’s Masonry, Inc.’s, balance sheet lists net fixed assets as $18.00 million. The fixed assets could currently be sold for $

jeyben [28]

Answer:

Book Value Market Value

Current Assets $14 m $14.95 m

Fixed Assets $18 m $27 m

Total $32 m $41.95 m

Explanation:

For book Value:

Net fixed assets=$18.00 million

Current Liabilities=$7.50 million

net working capital=$6.50 million

Formula:

Net working capital=Current assets-Current Liabilities

$6.50 million=Current assets-$7.50 million

Current Assets=$6.50+$7.50

Current Assets=$14 million

Total Assets=Net fixed assets+Current Assets

Total Assets=$18 m+$14 m

Total Assets=$32 m

For Market Value:

Net fixed assets=$27.00 million

Current Liabilities=$7.50 million

net working capital=$7.45 million

Formula:

Net working capital=Current assets-Current Liabilities

$7.45 million=Current assets-$7.50 million

Current Assets=$7.45+$7.50

Current Assets=$14.95 million

Total Assets=Net fixed assets+Current Assets

Total Assets=$27 m+$14.95 m

Total Assets=$41.95 m

Book Value Market Value

Current Assets $14 m $14.95 m

Fixed Assets $18 m $27 m

Total $32 m $41.95 m

8 0

3 years ago

Use the drop-down menus to complete the steps for creating a subform.

Maksim231197 [3]

Answer:

Design, Design, Click and Drag, Subform Wizard

Explanation:

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7 0

2 years ago

Suppose a society begins by producing 3 units of X and 4 units of Y and then alters production to 4 units of X and 4 units of Y.

melisa1 [442]

Answer:

This situation means that resources were not being efficiently used.

If society managed to produce 1 more unit of X with the same resources and technology, this means that some resources were idle in the past, which causes inefficiency.

This also means that the combination 3 units of X and 4 units of Y is a point inside the PPF. However, we do not know if the combination 4 units of X and 4 units of Y is a point inside the PPF, or on the PPF, because there could be some other combination that could be even more efficient (for example 5 units of both X and Y with the same resources and technology).

4 0

3 years ago

On February 1, a seller paid $1,140 in annual property tax for the current calendar year. He sold the house with the closing set

Vera_Pavlovna [14]

Given:

Annual property tax = $1,140

Number of days = 91

To find:

Seller's credit for property tax

Solution:

The following is the calculation of the seller credit for property taxes,

$\text{Seller credit for property taxes} = \text{Total tax}\times \frac{\text{Number of days}}{360}$