<u>Supply Chain Management</u><u> is a set of activities and techniques firms employ to efficiently and effectively manage the</u><u> flow of merchandise</u><u> from the vendors to the retailer's customers.</u>
- The chance to boost sales by making sure the ideal product is available at the ideal moment. Integration of transportation middlemen, warehouses, stores, manufacturers, and suppliers into a seamless value chain.
- reduction of system-wide costs while providing the level of service that customers demand. More variety, fewer stock outs, lower transport and inventory holding costs, and higher ROI.
Supply Chain Management What Is It?
The management of a product's creation and flow, from sourcing raw materials to production, logistics, and delivery to the final consumer, is known as supply chain management (SCM).
What are the four supply chain stages?
The four components of the supply chain—integration, operations, purchasing, and distribution—work together to create a route to competition that is efficient.
Learn more about Supply Chain Management
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Answer:
![\left[\begin{array}{cccc}Range&80,000&100,000&120,000\\ Materials&400,000&500,000&600,000\\ Labor&480,000&600,000&720,000 \\ Overhead&640,000&800,000&960,000 \\ Variable&1,600,000&2,000,000&2,400,000 \\ Depreciation&200,000&200,000&200,000 \\ Supervision&100,000&100,000&100,000 \\ Fixed&300,000&300,000&300,000\\ Total&1,960,000&2,300,000&2,700,000\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7DRange%2680%2C000%26100%2C000%26120%2C000%5C%5C%20Materials%26400%2C000%26500%2C000%26600%2C000%5C%5C%20Labor%26480%2C000%26600%2C000%26720%2C000%20%5C%5C%20Overhead%26640%2C000%26800%2C000%26960%2C000%20%5C%5C%20Variable%261%2C600%2C000%262%2C000%2C000%262%2C400%2C000%20%5C%5C%20Depreciation%26200%2C000%26200%2C000%26200%2C000%20%5C%5C%20Supervision%26100%2C000%26100%2C000%26100%2C000%20%5C%5C%20Fixed%26300%2C000%26300%2C000%26300%2C000%5C%5C%20Total%261%2C960%2C000%262%2C300%2C000%262%2C700%2C000%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Explanation:
We multiply the variable component for each relevant range.
Then for the fixed cost, we post the total.
Notice it is given for 1,200,000 units
so total depreciation 1,200,000 x 2 = 2,400,000 = 200,000 per month
Supervisor 1,200,000 x 1 = 1,200,000 = 100,000 per month
Answer:
profit.
Explanation: its just right
Full Question:
Edwin is the HR manager at a customer care unit with approximately 1,000 employees. He wants to statistically analyze the service data to make the recruitment process more effective by identifying desirable and undesirable qualities of employees. Edwin observes a high positive correlation between the employees' ability to adapt and the turnaround time. However, he decides to avoid using this criterion when recruiting employees. Which of the following, if true, would MOST strengthen this decision to avoid the criterion
A) The statistical significance of the correlation was found to be sixty percent.
B) Another trait, honesty, had a higher correlation coefficient than employees' ability to adapt.
C) The sample size used by Edwin was significantly larger than what was required.
D) Multiple regressions were observed among the variables used for the analysis.
Answer:
The correct answer here is A)
Explanation:
The key to decision making using statistical research is <em>Statistical Significance. </em>This means that a statistically significant observation is probably true. In this case, the statistical significance of his findings is 60%.
Cheers!
