1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Tresset [83]
3 years ago
8

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

Business
1 answer:
victus00 [196]3 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.

You might be interested in
In 2019, Whispering Winds Corp. had net sales of $973,000 and cost of goods sold of $570,900. Operating expenses were $220,300,
tester [92]

Answer:

Whispering Winds Gross profit is $402,100

Explanation:

Multi step income statement differentiate the the operating revenue and expenses from non operating revenue and expenses. It shows the gross profit, operating profit and net profit separately.

     Whispering Winds Corp.

 Income statement for the year 2019

Net sales                               $973,000

Less: Cost of goods sold     <u>$570,900</u>

Gross Profit                                            $402,100

Less:Operating expenses                     <u>$220,300</u>

Operating Profit                                     $181,800

Less: Interest expense                          <u>$14,600  </u>

Profit before Tax                                    $167,200

7 0
3 years ago
Jess, Frank, and Ted are coworkers at Crossroad Inc. Having worked at CI for five years now, the three are discussing their care
Papessa [141]

Answer:

c. affective commitment.

Explanation:

Based on the information provided within the question it can be said that in this scenario Ted is exhibiting affective commitment. This refers to the level of degree in which a person "wants" to continue working at the company in which they currently work. For Ted, he wants to continue working at CI because of the relaxed atmosphere and his friends. He does not feel a sense of debt to the company or believes he "needs" to stay, but instead decides he "wants" to stay everyday.

8 0
3 years ago
What is a downside of receiving a tax<br> refund?
Dmitry [639]

Answer:

It's a free loan to the government.

Explanation:

you're essentially giving the government a free loan with no interest.

4 0
2 years ago
If you find yourself part of a team at work, what is the best way to behave during a team meeting
Kitty [74]

Answer:Stay focused on topic and make sure your contributions are relevant

Explanation: trust me

6 0
3 years ago
Suppose a closed economy. Suppose there are a farmer, a baker and the consumers residing in this economy. Flour and bread are th
Darya [45]

Answer:

The total spending on all final goods and services produced is equal to $154,000.

Explanation:

The total spending on all final goods and services produced can be calculated as follows:

Total spending = Amount paid by consumers to farmer for flour + Amount paid by consumers to baker for bread + Government spending on hiring consumers ...................... (1)

Where;

Amount paid by consumers to farmer for flour = $20,000

Amount paid by consumers to baker for bread = $120,000

Government spending on hiring consumers = $14,000

Substituting the values into equation (1), we have:

Total spending = $20,000 + $120,000 + $14,000 = $154,000

Therefore, the total spending on all final goods and services produced is equal to $154,000.

3 0
3 years ago
Other questions:
  • Henry and claudia can claim alyssa for which tax benefits
    8·1 answer
  • The price of a bond with no expiration date is originally $1,000 and has a fixed annual interest payment of $150. If the price o
    10·2 answers
  • In three or four sentences, describe why the vice president in a company makes a very high salary while a person who works in hu
    11·1 answer
  • Paul's Dogs Corp. has 9 percent coupon bonds making annual payments with a YTM of 8.5 percent. The current yield on these bonds
    14·1 answer
  • At the beginning of the year, ACME had an inventory of $600,000. During the year, the company purchased goods costing $2,250,000
    9·1 answer
  • The Black Corporation has provided the following information: Net income $ 560,000 Increase in prepaid expenses 14,000 Amortizat
    8·1 answer
  • Which of these is the most likely outcome of a financial crisis?
    5·2 answers
  • Legislation that offers immediate and easily recognized benefits, at the expense of costs that are observable only in the distan
    10·1 answer
  • SCENARIO:
    8·1 answer
  • Deciding what form of business to create is one of the ______ important decisions a business makes.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!