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Tresset [83]
4 years ago
8

A type of production that yields customized products or services for each customer is called

Business
1 answer:
victus00 [196]4 years ago
5 0

Answer:

b. Job order production.

Explanation:

Job order production is the process of manufacturing non-standard or unique products for specific customers. Sometimes making a job order production is also called making a work order or making it an individual order, because each order or work is an order placed by the customer. In most cases, custom jobs are created only once. Many manufacturers specialize in mass production of custom products. Buyers come to the manufacturer with a special design or product, and the manufacturer develops and creates an individual product.

A customer-oriented production puts customer satisfaction at the center of each of its business decisions. Customer focus is defined as an approach to sales and customer relations, in which employees focus on helping customers meet their long-term needs and desires. Here, management and employees coordinate their individual and team goals in order to satisfy and retain customers. This contrasts, in particular, with a focus on sales, which is a strategic approach when the needs and desires of a company or seller are evaluated in relation to the client.

Just in Time production is an inventory strategy developed to increase production and productivity. All production processes (in-progress cost) and the type of production taking into consideration the time criteria in order to minimize the associated sub-costs are derived from the Japanese Kanban system. During production, it determines the order of work by considering the production of the next process. This strategy, which states that the order level is reached in the storage process and that the order must be met after this point, provides the most efficient storage volume and production continuity. In short, just in time, the demand is to produce as soon as possible with excellent quality and transport it to the right place at any time.

Job lot production is a production futures contract whose trading volume is below the level required by normal operations. These contracts or lots are available to add liquidity to futures exchanges by allowing smaller "participants" to enter the market.

Process production is a system from production in which a product goes through several processes or stages from production, which will be operated on a more continuous basis; for example, in oil refineries and petrochemical plants, where these processes include liquid or semi-solid materials. In the production of the main product, they say, gasoline, from such in the production process, by-products such as tar or creosote can inevitably arise.

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Suppose you decide to deposit $25,000 into a savings account that pays a nominal rate of 15.60%, but interest is compounded dail
leonid [27]

Answer:

the amount after three months is $25,994

Explanation:

The computation of the amount after three months is as follows:

As we know that

A = P × (1 + rate of interest ÷ number of compounding period)^number of compounding period × time period

Where,

A = Accrued amount

P = Principal = $25,000

r = 15.60%

t = 3 ÷ 12 = 0.25

So,

A = $25,000 × (1 + 0.156 ÷ 365)^365 × 0.25

= $25,994

Hence, the amount after three months is $25,994

4 0
3 years ago
If an oligopolist's MC curve shifts upward but still passes through the gap in the MR curve, which of the following will be the
marysya [2.9K]

Answer:

C All of the answers are correct

Explanation:

A market structure is termed as oligopoly when there are very few suppliers in a market of so many buyers. For oligopoly, the profit is maximized where the marginal cost equals the marginal revenue. If the marginal cost curve shifts upwards, it means that it increases. In an attempt to increase the cost in one firm, all the consumers will shift to the other firms, in an attempt to increase output, a company will make lesser profit. In this case, it means that the company will have to make use of non-price methods to compete. Therefore, the correct answer is C as the above given answers are all correct.  

4 0
4 years ago
The guidance for having infant sleep on their back to reduce the incidence of SIDS has a grade of A. Group of answer choices Pro
Lapatulllka [165]

Answer:

The correct answer is letter "D": Recommendations.

Explanation:

Evidence-based public health (EBPH) practice is the application, and assessment of effective public health programs and policies by applying scientific reasoning principles. It includes several recommendations on basic practices that should be followed to avoid future medical conditions.

6 0
3 years ago
Scholastic Tours is trying to decide which one of two tours it will introduce. The costs and revenues associated with each alter
OLga [1]

Answer:

$4,000

Explanation:

Scholastic's                         Eastern Tour                 Western Tour

Projected revenue                $17,000                         $19,000

Variable costs                       ($3,000)                         ($7,000)

Fixed costs                            ($3,000)                         ($3,000)    

Profit                                       $11,000                           $9,000

The incremental costs of the Western Tour is:

incremental costs = costs associated to western tour - costs associated to the alternative eastern tour = ($7,000 + $3,000) - ($3,000 + $3,000) = $10,000 - $6,000 = $4,000

Incremental costs are the costs that a company incurs in by taking a particular action or making a particular decision, always compared to not taking that particular action or making that decision.

3 0
4 years ago
Throne Technical University is looking for three people to work in its plant-biology laboratory. The hiring manager is finding t
FromTheMoon [43]
The answer is A as the potential workers aren’t willing to move so they aren’t flexible
4 0
3 years ago
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