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AleksandrR [38]
3 years ago
6

Generating ideas by comparing specific project practices or product characteristics to those of other projects or products insid

e or outside the performing organization is known as _____. a. prototyping b. decomposition c. benchmarking d. variance
Business
1 answer:
maria [59]3 years ago
7 0

Answer:

C) benchmarking

Explanation:

Benchmarking refers to the process by which a company compares its products or services, or business practices to the products or services, or business practices of the industry's leader. For example, Microsoft benchmarks its Edge browser to Google Chrome.

This way a company can determine how they compare against the important player and it also helps them to acknowledge in what ways can they improve their products or services, or business practices.

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A production line at V. J.​ Sugumaran's machine shop has three stations. The first station can process a unit in 9 minutes. The
Murrr4er [49]

Answer:

Station 1 is a bottleneck station because the processing time taken to process the product in such station is 9 minute when compared with Station 2 and Station 3

Explanation:

Station 1 = Processing time is 9 minutes

Station 2 = Processing time is 5 minutes per unit (15 minutes / 3  machines)

Station 3 = Processing time is 7 minutes

Thus, the Station 1 is the bottleneck station with a bottleneck time of 9 minutes per unit.

7 0
3 years ago
Stallman Company took a physical inventory on December 31 and determined that goods costing $275,260 were on hand. Not included
Tpy6a [65]

Answer:

Inventory at year-end: 344,000

Explanation:

The inventory should add the purchased goods from Pelzer as the possesion is transfer at shipping point.

The sales units to Alvarez should also be included as teh transfer is not complete yet. The term on this transaction are at destination.

Total inventory in transit: 28,940 + 39,800 = 68,740‬

on hand:   $   275,260

in-transit:  $<u>     68, 740  </u>

Total:         $  344,000

5 0
3 years ago
Example 1: An economy produces two goods: hot dogs and burgers. In 2014, 15 hot dogs are produced at a price of $2 each, and 20
Basile [38]

The Nominal GDP of the economy that produces two goods in 2014 is $170.

The Nominal GDP of the economy that produces two goods in 2015 is $320.

The Real GDP in 2015 using 2014 as base year is $250.

The GDP deflator of an economy that produces two goods is 1.28.

Gross domestic product is the sum of goods and services that a country produces in a year.

Nominal GDP is GDP calculated using current year prices. Real GDP is GDP that is calculated using base year prices.

GDP deflator is the ratio of prices of goods and services produced using current year prices and prices of goods and services using base year prices.

Nominal GDP in 2014: (15 x $2) + (20 x $7) = $170.

Nominal GDP in 2015: (20 x $4) + (30 x $8) = $320

Real GDP in 2015: (20 x $2) + (30 x $7) = $250

GDP deflator = (nominal GDP / real GDP) x 100

($320 / $250) x 100 = 1.28

To learn more about real GDP, please check: brainly.com/question/23126579?referrer=searchResults

3 0
3 years ago
Which is the most liquid form of money?
dalvyx [7]
The answer is A - I just took the test!
8 0
3 years ago
Read 2 more answers
Explain the impact of effective purchasing on an operation’s cash flow.
Paraphin [41]

Answer:

Thus, effective purchasing Implies buying the right items needed for operations at the right/fair price so as to reduce the total cost of operations, which invariably leads to more Profit since there's reductions in costs.

8 0
3 years ago
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