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svetlana [45]
3 years ago
15

Who among the following is associated with contributions to quality control in operations management? Henry Ford Charles Babbage

Henri Fayol W. Edwards Deming Frank Gilbreth
Business
1 answer:
tino4ka555 [31]3 years ago
8 0

Answer:

W. Edwards Deming

Explanation:

W. Edwards Deming is associated with the contributions to quality control in the field of operations management. He was engineer, professor, author and statistician. He is widely recognized as the leading management thinker and the father of TQM (Total Quality Management). He mainly focused on the quality related issues within an organisation, which certainly can lead an organization towards enhanced productivity. Quality controls helps an organisation to meet the highest levels of quality controls and standards which makes customer totally satisfied with the organisation's products at the lowest possible costs associated.

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At the current prices of goods X and Y, the quantity demanded of good X is 10 units, and the quantity demanded of good Y is 5 un
damaskus [11]

Answer:

When the price of good y increases by 10% it will result in the quantity demanded of x to increase by (0.6*10) =6%. The current quantity demanded of good x is 10 so a 6% increase will mean the quantity demanded of x will be (1.06*10)= 10.6

Explanation:

The cross elasticity of goods x and y is 0.6, which means that a one percent increase in price of good y will increase the demand for good x by 0.6%, this means that x and y are substitute goods, as when the price of y increases people tend to buy more of x.

When the price of good y increases by 10% it will result in the quantity demanded of x to increase by (0.6*10) =6%. The current quantity demanded of good x is 10 so a 6% increase will mean the quantity demanded of x will be (1.06*10)= 10.6

8 0
3 years ago
(Predetermined OH rates; capacity measures) Albertan Electronics makes inexpensive GPS navigation devices and uses a normal cost
Jet001 [13]

Answer:

Albertan Electronics

a. Albertan Electronics’ predetermined variable OH rate is $20.50.

b. The predetermined FOH rate using practical capacity is $8.00.

c.  The predetermined FOH rate using expected capacity is $12.00.

d1.  The variable overhead applied is $1,375,000.

d2. The fixed overhead applied using the rate in (b) is $880,000.

d3. The fixed overhead applied using the rate in (c) is $1,320,000.

d4. The total under-applied overhead for 2010 at $8.00 FOH rate is $455,000 and the total under-applied overhead for 2010 at $12 FOH rate is $15,000.

Explanation:

a) Available 2010 budgeted data:

Variable factory overhead at 100,000 machine hours $1,250,000 ($12.50)

Variable factory overhead at 150,000 machine hours 1,875,000 ($12.50)

Fixed factory overhead at all levels between 10,000 and 180,000 machine hours  = 1,440,000 ($8.00)

Practical capacity is 180,000 machine hours; expected capacity is two-thirds of practical (120,000) = $12 ($1,440,000/120,000)

Predetermined Overhead Rate:

Variable factory overhead =         $12.50

Fixed factory overhead =                 8.00

Predetermined overhead rate = $20.50

During 2010, the firm records 110,000 machine hours and $2,710,000 of overhead costs. How much variable overhead is applied? How much fixed overhead is applied using the rate found in part (b)? How much fixed overhead is applied using the rate found in part (c)? Calculate the total under- or overapplied overhead for 2010 using both fixed FOH rates.

Variable overhead applied = $12.50 * 110,000 =    $1,375,000

Fixed overhead applied with $8 * 110,000 =               880,000

Total overhead applied                                          $2,255,000

Underapplied overhead = ($2,710,000 -2,255,000) 455,000

Variable overhead applied = $12.50 * 110,000 =    $1,375,000

Fixed overhead applied with $12 * 110,000 =           1,320,000

Total overhead applied                                          $2,695,000

Underapplied overhead = ($2,710,000 -2,695,000)    15,000

6 0
3 years ago
A​ BBB-rated corporate bond has a yield to maturity of 7.7 %. A U.S. treasury security has a yield to maturity of 6.3 %. These y
ArbitrLikvidat [17]

Answer:

The price as a percentage of the treasury stock is 104.23%

The price as a percentage of the BBB-rated corporate bond is 98.37%

The credit spread on the bond is 1.40%

Find detailed computations in the attached.

Explanation:

The credit spread on BBB-rated corporate bond is the difference between its effective interest rate and the interest rate on the U.S government treasury security,that is:

7.7%-6.3%=1.40%

Note that the par value of a bond is usually $1000.

Download xlsx
5 0
3 years ago
Cashier's checks Checks Question 5 0/1 pts If Sid Inc. has net sales of $750,000, sales on account of $600,000, and sales return
IRINA_888 [86]

Answer:

Option A,$72000

Explanation:

Bad debt expense is computed on the net  credit sales amount, in other words, the bad debt expense is 12% of credit sales of $600,000.

Bad debt expense=$600,000*12%

                               =$72000

Option C is wrong because the answer was arrived at by calculating 12% of $750,000 the net sales amount that also has cash sales of $150,000 included in it($750000-$600000)

Option B is wrong as the amount of sales returns and allowances of $50,000 was deducted from $600,000 prior to applying 12% allowance for bad debt

7 0
3 years ago
In response to the new employee end-of-shift policy Brianna proposes that Ollie pay its employees on their breaks instead of mak
mote1985 [20]

Answer: exchange

Explanation: Brianna is most likely to use the exchange influence tactic which is given as a tactic that suggests that making express or implied promises and trading favors. This is observed when she proposes that Ollie pay its employees on their breaks instead of making them clock out in response to the new employee end-of-shift policy. The tactics is especially useful for influencing peers and surbodinates.

6 0
3 years ago
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