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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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9. Assume that Cane expects to produce and sell 87,000 Alphas during the current year. A supplier has offered to manufacture and
sasho [114]

Answer: Financial disadvantage of -$‭863,000‬

Explanation:

If they made the 87 thousand units themselves, they would incur a cost of:

= 87,000 * (Direct labor + Direct materials + Variable manufacturing overhead) +  Traceable fixed manufacturing overhead

= 87,000 * (23 + 24 + 22) + (23 * 110,000)

= 87,000 * 69 + ‭2,530,000‬

= $‭‭‭8,533,000‬

<em>Traceable fixed costs are based on the total capacity of 110,000 units being produced and so will not change. </em>

If they buy from the supplier, the cost would be:

= 108 * 87,000

= $‭9,396,000‬

Financial advantage (disadvantage) = ‭‭8,533,000‬‬ - ‭9,396,000‬

= -$‭863,000‬

8 0
3 years ago
Which of the following most accurately describes the difference between goals and objectives? Goals are broad, long-term expecta
yuradex [85]

Answer:

Explanation:

Which of the following most accurately describes the difference between goals and objectives? Goals are broad, long-term expectations for future achievements and objectives describe the overall approach to how they will be accomplished Goals are specific, measureable and short-term expectations for future achievements and objectives are the standards by which goals should be measured Goals describe the overall approach to how the company will succeed and objectives are the specific actions which will advance goals Goals are broad, long-term expectations for future achievements and objectives are more specific, measureable and short-term

Answer:

 

Explanation:

  the following most accurately describes the difference between goals and objectives? Goals are broad, long-term expectations for future achievements and objectives descri

5 0
3 years ago
Read 2 more answers
Recently, a terminated employee used his mobile device to log in to the company network and steal sensitive data. As the manager
Cloud [144]

Answer:  Recently, a terminated employee used his mobile device to log in to the company network and steal sensitive data .This is the presentation of the summary of what the organization should do to prevent this from happening again.

Explanation:

The <u>objective of information security i</u>s to maintain a reasonably secure environment as well as the proper use of resources and risk management, in order to preserve the availability, integrity and confidentiality of information and the assurance of business continuity. Also :

  • To manage information security risks to keep them at acceptable levels.
  • Protect information assets.
  • Train public servants, suppliers and stakeholders about the importance of data protection.
  • Monitor compliance with information security requirements.
  • Implement corrective and improvement actions.

Since the current trend is that <em>employees take their personal devices to the office,</em> in addition to giving them personal use, the most common is that they use it for the <em>review of corporate email and as support for the tasks of their daily work.</em> Therefore, proper management of the devices that are connected must be defined, in order to use the applications and information according to the provisions of the policies established by the company.

The most common threats are :

  1. Unofficial applications. (Can ask you for permitions and steal your private information)
  2. Public WIFI.(Can enter in to your network and steal your private information)
  3. Phising.(The most common is an email that force you to open a message which links to a malicious website to steal your personal information)

Always is important to protect the device with one or several of this advices:

  • Secure access networks.
  • Access to information must be restricted in a way that guarantees that only those people who are really qualified to do so can access the information.
  • Write a security policy. Define which devices can access corporate information.
  • Protect WiFi connections.
  • Protect against malware.

In this scenario the <em>company should </em>make an update of all information and networks ,the installation and configuration of firewalls and encryption of corporate confidential information.  

The best way is to train and make the employees of the company aware of the risk of sharing information and the legal punishment that they can have if they do it.

Every company must have a standardized risk plan to solve these types of situations before more information is leaked(can apply some of those mentioned above).

3 0
4 years ago
If the total adult working population of Country X is 450 million, the number of unemployed people is 95 million, and the number
Lisa [10]

Answer:

Labor force participation rate = 75.55% (Approx)

Explanation:

Given:

Working population = 450 million

Unemployed people = 95 million

Number of employed people = 245 million

Find:

Labor force participation rate

Computation:

Total labor = 245 + 95 = 340 million

Labor force participation rate = [340 / 450]100

Labor force participation rate = 75.55% (Approx)

8 0
3 years ago
Consider a firm with a contract to sell an asset for $154,000 five years from now. The asset costs $90,000 to produce today. Giv
horsena [70]

Answer:

the firm will have a loss of 6.414,97‬

Break-even rate = 11.34%

Explanation:

We calcualte the present value of a lump sum to know the present sale value:

\frac{Nominal}{(1 + rate)^{time} } = PV  

Nominal:  154,000

time               5 years

rate               0.13

\frac{154000}{(1 + 0.13)^{5} } = PV  

PV   83,585.03

the current sale price        83,585.03

given a cost of               <u>   (90,000)      </u>

the firm will have a loss of 6.414,97‬

To break event the present value should be 90,000:

\frac{154000}{(1 + r)^{5} } = 90,000

\sqrt{5}{\frac{154000}{90,000}} -= (1 + r)  

rate = 0.113411345 = 11.34%

6 0
4 years ago
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