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3 years ago

Is a production process that generates customized products in high volumes?

1 answer:

4 0

The production process is called Mass Customization and it is defined as an example of the assemble-to-order strategy, where a firm's flexible processes generate customized products or services in high volumes at reasonably low costs. Basically it combines the flexibility and personalization of custom-made products with the low unit costs associated with mass production.

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WILL MARK BEST ANSWER BRAINLIEST

Hoochie [10]

A professional email based on the given scenario would sound like the following:

To: Assistant

From: Manager

Subject: Flight and Hotel Booking for Chicago

Date: January 28, 2022

Hi,

Please book my flight and hotel reservations for the upcoming conference in Chicago from February 7, 8:00 am to February 11, 2022 (5:00 pm).

Do not forget the company's favorite airline and hotel for the bookings.

Regards,

Tony

Thus, while the email sounds professional, it may be more conversational than formal since it is a workplace request.

Learn more about writing workplace emails to subordinates at brainly.com/question/14236855

6 0

2 years ago

Suppose Russia produces only trucks and cars. The resources that are used in the production of these two goods are not specializ

seraphim [82]

Answer:

Remains constant

Explanation:

Since the same set of resources are useful in producing both cars and trucks, it shows that resources are not specialized hence Russia has a straight line PPC. A straight line (linear) PPC connotes constant returns to scale. In this case, resources are mobile and can easily be reallocated and redirected from the production of one good to another thus, opportunity cost is constant and so is the marginal rate of transformation (MRT). The MRT is the number of units or amount of a good that must be foregone in order to attain one unit of another. If Russia decides to produce more cars and fewer trucks, the resources deployed in producing more cars would be well suited as the resources already used in car production. The opportunity cost in producing each additional unit of car remains constant as more cars are produced.

The slope of a linear PPC determines the marginal rate of transformation; that is, a flatter slope would mean producing more cars requires trading-off fewer trucks while a steeper slope would mean that producing more cars requires trading-off more trucks.

8 0

3 years ago

At December 31, 2020, Oriole Company has outstanding noncancelable purchase commitments for 37,600 gallons, at $3.24 per gallon,

adell [148]

Answer:

Unrealized holding Gain or Loss - Income (Dr.) $20,304

Estimated Liability on purchase commitments (Cr.) $20,304

Explanation:

Oriole Company has agreed to purchase Gallons of raw material for a defined price of $3.24 per gallon. The price is reduced on December 31, 2020. The Difference between the prices of gallons is recorded as unrealized gain on debit and liability is credited.

$3.24 - $2.70 = $0.54 * 37,600 Gallon = $20,304

Unrealized holding Gain or Loss - Income (Dr.) $20,304

Estimated Liability on purchase commitments (Cr.) $20,304

The raw material is purchased at the price of $2.70 per gallon and the 36,000 gallons are purchased. The journal entry to record this transaction is,

Raw material (Dr.) $76,896

Estimated liability on purchase commitments (Dr.) $20,304

Cash (Cr.) $97,200

6 0

3 years ago

Contracts are really only used for business; most people do not have contracts for their personal finances. true or false

guapka [62]

WRONG. the answer is FALSE! I just took the quiz.

7 0

3 years ago

Read 2 more answers

PLEASE HELP ASAP! What is the impact of effective purchasing on an operation’s cash flow?

victus00 [196]

Answer:

Cost reduction; leading to profit for the company/business.

Explanation:

Remember, a cash flow is an indication or indicator of the amount of money coming into and out of a business.

Thus, effective purchasing Implies buying the right items needed for operations at the right/fair price so as to reduce the total cost of operations, which invariably leads to more Profit since there's reductions in costs.

3 0

3 years ago