Answer:
The correct answer is outsourcing.
Explanation:
This is the business economic process in which a commercial company transfers the resources and responsibilities related to the fulfillment of certain tasks to an external company, management company or subcontractor, which is precisely dedicated to the provision of different specialized services. For this, the latter can only hire the staff, in which case the resources will be provided by the client (facilities, hardware and software), or hire both the staff and the resources. For example, a company dedicated to demolitions can subcontract a company dedicated to the disposal of waste for the task of getting rid of the debris from demolished units, or a company that transports goods can subcontract a company specialized in the identification or packing
Answer:
The supply of produce could suddenly cease with the death or incapacitation of the farm owner.
Explanation:
I took the quiz and got the question wrong. That does make since though.
Answer:
a. 4,000
Explanation:
Units in ending inventory
= Units in beginning work in process + Units started into production - Units transferred to the next department
= 2,400 + 10,500 - 8,900
= 4,000 units
Answer:
Direct material price variance= $36 favorable
Explanation:
Giving the following information:
The total standard and actual costs for materials and direct labor for the 100 units of Product AA are as follows:
Materials: Standard 210 pounds at $3.00 per pound
Actual: 240 pounds at $2.85 per pound
Direct material price variance= (standard price - actual price)*actual quantity
Direct material price variance= (3 - 2.85)*240= $36 favorable
Answer: The expected duration for gathering system requirements using three-point method is 8 days.
We obtain the same answer when we use the Simple Average method and the PERT method.
We follow these steps while arriving at the answer.
We have the following information from the question:
Optimistic Value (O) - 4 days (best estimate of time taken to complete the task)
Most Likely Value (M) – 8 days (realistic estimate of time taken to complete the task)
Pessimistic Value (P) – 12 days (worst estimate of time taken to complete the task)
There are two formulas we can use to determine the expected duration by using the three-point estimation method.
- <u>Simple Average method:</u> We use the following formula under this method.
2. <u>PERT method</u>. The formula for this is: