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bonufazy [111]
3 years ago
10

A hurricane has disrupted operations at one of your company's facilities and shut down operations completely for several of your

key suppliers. Inputs to your manufacturing process will be exhausted within days, and the company will be unable to fulfill its contracts with customers. In addition, many employees have suffered serious damage to their homes, and a few people are missing. You are a manager, and your employees are looking to you for leadership. Which of the following do you do? A) In oral and written communications, focus on the damage and loss of life that has occurred, since any note of optimism would be disrespectful B) Use a highly emotional tone to communicate how seriously you take the situation and a sense of urgency. C) Set up a system for communicating facts as soon as they are determined so employees hear them first from management and not on the news. D) Walk around to be visible and accessible to as many employees as possible so they know you are engaged in crisis management.
Business
1 answer:
puteri [66]3 years ago
4 0

Answer:

Set up a system for communicating facts as soon as they are determined so that employees hear them first from the management and not on the news.

Explanation:

One key approach to crisis management is an effective communication.

In the event of crisis , victims are always on the look out for reliefs and compensation from the relevant authorities and when it appears that this is not forthcoming , they become demoralized .

During crisis management , there should be a system of communicating facts as soon as possible so that the management's decision can easily be communicated to affected parties. When there is hope of compensation in sight , people get motivated .

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JL.53 Bob's Bumpers has a repetitive manufacturing facility in Kentucky that makes automobile bumpers and other auto body parts.
Strike441 [17]

Answer:

a)

Annual demand = 75000 = D

S = ordering cost/set up cost = $53

d = daily demand = 75000/250 = 300

h = holding cost per unit per year = $25

p = Daily production rate = 320

optimal size of the production run =EPQ = sqrt((2*D*S)/(h*(1-(d/p))))

= sqrt((2*75000*53)/(25*(1-(300/320))))

= 2255.659549 = 2255.66 (Rounded to 2 decimal places)

b)

maximum inventory = EPQ*(1 - (d/p))

= 2255.66*(1 - (300/320))

= 140.97875

Avergae inventory = 140.97875/2 = 70.49

c)

Number of production runs = Annual demand/EPQ = 75000/2255.66 = 33.25

d)

Holding cost with EPQ = 2255.66 = 70.49*25 = 1762.25

With EPQ = 500, maximum inventory = 500*(1 - (300/320)) = 31.25

Holding cost with EPQ = 500, holding cost (31.25/2)*25 = 390.625

Savings = 1762.25 - 390.625 = 1371.625

6 0
3 years ago
Which employer pension plan has an individual account for each employee?
Cerrena [4.2K]
Defined contribution plan
5 0
3 years ago
Read 2 more answers
What is the Total Cost of a stock purchase if the stock price is $12, shares purchased 100, with a 2% Broker's Fee? (Stock Price
earnstyle [38]
It's a so I need 20 characters hhhhhhh
5 0
4 years ago
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At the beginning of the month, the Painting Department of Skye Manufacturing had 30,000 units in inventory, 70% complete as to m
VikaD [51]

Answer:

Cost per equivalent unit of material =  $2.20 per unit

Cost per equivalent unit of conversion =  $4 unit

Explanation:

The computation of Cost per equivalent unit of material, Cost per equivalent unit of conversion is shown below:-

For computing the cost per equivalent first we need to find the equivalent unit of material which is below:-

= Transferred units + ( Department units × Material percentage)

= 135,000 + (20,000 × 40%)

= 135,000 + 8,000

= 143,000

So, the Cost per equivalent unit of material = (Beginning material cost + Current month material cost) ÷ Equivalent unit of material

= ($32,400 + $282,240) ÷ 143,000

= $314,640  ÷ 143,000

= $2.20 per unit

Now, For computing the Cost per equivalent unit of conversion first we need to find the equivalent unit of conversion cost which is below:-

= Transferred units + ( Department units × Conversion percentage)

= 135,000 + (20,000 × 15%)

= 135,000 + 3,000

= 138,000

So, the Cost per equivalent unit of conversion = (Beginning conversion cost + Current month conversion cost) ÷ Equivalent unit of conversion cost

= ($6,250 + $544,700) ÷ 138,000

= $550,950  ÷ 138,000

= 3.99

or $4 unit

8 0
3 years ago
Daube Company's operations for the month of July are summarized as follows: Provided $8,600 of services on account. Received $3,
Norma-Jean [14]

Answer: See explanation

Explanation:

a. Determine the net income for July using the cash basis of accounting.

Revenue = $3800 + $1100 + $5100 = $10000

Less: Expense = $1200

Net Income = $10000 - $1200 = $8800

b. Determine the net income for July using the accrual basis of accounting.

Revenue = $8600 + $3800 = $12400

Less: Expense = $1300

Net income = $12400 - $1300 = $11100

8 0
3 years ago
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