Answer:
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3. The goal of inventory management is to have the right ______, in the right _______, at the right _______.
A. product, range, season
B. price, place, supplier
C. price, range, season
D. product, place, time
4. A supply chain with a distributor has more product handling than one without a distributor. True or False?
5. Lead time is a way to measure the availability of inventory. True or False?
6. Expected profit is a direct measure of how well a company serves its customers. True or False?
7. Demand is modeled with a normal distribution that has a mean of 300 and a standard deviation of 50. What is the probability that demand is 400 or less?
A. 97.7%
B. 95.4%
C. 47.7%
D. 2.3%
Explanation:
The total cost of the ipad sold on ebay is $908.70
It is probably safe to say that most if not all decisions involve trade-offs. For example a person may be offered a job that pays well but requires 7 days per week for a month and while this is good for a younger person with no other commitments it may not work for an older person with his own family commitments and other projects. Another decision could be that for support, a husband decides to not take on major time consuming projects while his wife is doing intensive studying to become certified in a field of her choosing so that he can support her. Another example is that when one cannot drive one's son with a disability to a beach to swim because it is too far and uses too much car gas, the money saved on gas some of it could be spent on his groceries.
Answer:
$37,000 and $13,000
Explanation:
The computation of the accounting profit and the economic profit is shown below:
Accounting profit = Total revenue - explicit cost
where,
Explicit cost = cost of helper + annual rent + material cost
= $12,000 + $5,000 + $20,000
= $37,000
So, the accounting profit is
= $72,000 - $37,000
= $35,000
And, the economic profit is
= Revenue - explicit cost - implicit cost
where,
Implicit cost = renting equipment + working for competitor + worth of entrepreneurial talents
= $4,000 + $15,000 + $3,000
= $22,000
So, the economic profit is
= $35,000 - $22,000
= $13,000
Yes, its true, the malcolm baldrige national quality award considers a company's business results but iso 9000:2000 registration does not.
The Malcolm Baldrige National Quality Award is the highest level of national recognition for performance excellence that a U.S. organization can receive. Customer outcomes.
The Malcolm Baldrige National Quality Award was established by Congress to push improved quality of products and services in U.S. companies and organizations.
The Malcolm Baldrige National Quality Award (MBNQA) is a reward established by the U.S. Congress in 1987 to boost awareness of quality management and recognize U.S. companies that have implemented successful quality management systems. The award is the nation's highest presidential honor for performance excellence.
GBMC Greater Baltimore center – 2020 Baldrige Award Winner. GBMC Greater Baltimore middle won the Baldrige Award in 2020. GBMC HealthCare System provides inpatient and outpatient care through its hospital and GBMC Health Partners.
The first version of the factors was published in 1988. The primary time for the Core Values was 1991. They were initially "Key Concepts". The title was changed to "Core Values and Concepts" in 1992 which remains the official title today.
learn more about Malcolm Baldrige: brainly.com/question/13979121
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