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Law Incorporation [45]
3 years ago
10

Historians remind us that standardization of components -- of interchangeable parts -- was an innovation that did not occur unti

l the very end of the 18th century. What was the economic impact of this innovation
Business
1 answer:
Lynna [10]3 years ago
6 0

Answer:

The economic impact of standardization of components of interchangeable parts is <u>quality guarantee, productivity boost, and improved personnel performance.</u>

Explanation:

Standardization of components means that all the activities in your firm have an established, time-tested process to use.

Standardization is the process of developing, promoting and possibly mandating standards-based and compatible technologies and processes within a given industry. Standards for technologies can mandate the quality and consistency of technologies and ensure their compatibility, inter-operable and safety.

standardization of components of interchangeable parts was an innovation that did not occur until the very end of the 18th century and when it finally took off, gave rise to quality control and assurance.

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A policy of permitting the people of a country to buy and sell where they please, without restrictions, is called:
jeyben [28]

Answer: free trade

Explanation:

A policy of permitting the people of a country to buy and sell where they please, without restrictions, is referred to as the free trade.

Free trade allows countries interact with one another and trade the foods and services that they've.

6 0
3 years ago
Mr. Gupta is also considering giving his employees a raise that would increase total salaries by $35,000.00 per year. What effec
shutvik [7]
I think the taxes would decrease but increase for the company
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3 years ago
Both newspaper journalists and postal workers have been negatively affected by
AnnyKZ [126]
The answer is "A) the popularity of electronic communication and the Internet".
Electronic communication provides the convenience for people. It leads the conventional newspaper and mail substituted by the electric one. The newspaper has been substituted by the electronic news. The conventional mail has been substituted by<span> social media and e-mail.</span>
8 0
3 years ago
Read 2 more answers
Over the last several decades, power in supply chains has increasingly been shifting to?
Masja [62]

Over the last several decades, power in supply chains has increasingly been shifting to retailers.

A retailer, sometimes known as a merchant, is a business that sells products directly to customers, such as groceries, vehicles, or apparel, with the intention of making a profit. This business may run both online and in a physical location.

The supply chain's consumer-facing component is represented by retailers, with whom most consumers have regular interactions. They are available in numerous varieties, designs, and sizes.

A producer, wholesaler, or another distributor often sells their products to retailers, who subsequently resale them to the general market. Large retailers like Walmart and Target acquire products in bulk from producers or wholesalers, but local grocers or tiny, family-run pharmacies can also buy from these places or from smaller suppliers.

To learn more Retailers refer to:

brainly.com/question/28066195

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7 0
2 years ago
Plan production for a four-month period: February through May. For February and March, you should produce to exact demand foreca
Alex73 [517]

Answer:

The optimal production plan gives a total costs of $417,672 for the periods Feb to May

In Feb we will have to hire 26 workers to close the gap between demand and production from our 100 existing workers

In March however, we will have to lay them off (26 workers) to keep our production in line with demand.

In April, we are constrained to 100 workers, thus requiring that we run overtime. The overtime requirement is between 3,060 hours to max of 5,000 hours. Note that inspire of the hours chosen, demand for April still won't be fulfilled.

The best option will be the one that gives us last backlog because of the costs of backorder being extremely costly.

5,000 overtime hours in April is the best option .

In May, we are constrained to our 100 workers, meaning we will fulfill our back orders and also retain inventory in hand of 7,760 units.

The 3 pages attached show how the cost is worked out and the presentation as well.

3 0
4 years ago
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