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Designing a supply chain that meets customer requirements and aligns with strategy to be more effective to be more responsive.
What is supply chain?
A supply chain is a group of people and businesses responsible for producing a product and getting it to the consumer. The raw material producers are the first links in the chain, and the last is the van that delivers the finished product to the customer. The importance of supply chain management can be seen in the reduced costs and improved productivity that come from an optimised supply chain. Companies work to enhance their supply chains in order to lower costs and maintain competitiveness. Each step taken to deliver a finished good or service to the customer is considered to be part of the supply chain. The process may involve obtaining raw materials, transferring them to the production stage, and then transporting the finished goods to a distribution facility or a retail location where the consumer may pick them up.
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Answer:
Total variation= $363 favorable
Explanation:
Giving the following information:
Sheridan Company’s standard labor cost per unit of output is $33.00 (3.00 hours x $11.00 per hour). During August, the company incurs 2,970 hours of direct labor at an hourly cost of $12.10 per hour in making 1,100 units of finished product.
Direct labor efficiency variance= (SQ - AQ)*standard rate
Direct labor efficiency variance= (3,300 - 2,970)*11= 3,630 favorable
Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity
Direct labor rate variance= (11 - 12.1)*2,970= 3,267 unfavorable
Total variation= 363 favorable
Answer:
Dealers/distributors allows a business to purchase and sell a company's products, but not the right to use that company's trade name as its own
<u>Explanation:</u>
Although only one out of every odd state with a dealers have opportunity which similarly characterizes the term, the more significant part of them use the accompanying general criteria: A business opportunity includes the deal or rent of any item, administration, gear, etc. that will empower the buyer licensee to start a business.
Moreover, business openings offer less help than opportunities; this could be a bit of leeway for you if you blossom with opportunity.
7. True
8. False
9. False
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