100% Inspection method is the quality control technique that attempts to keep errors from reaching the final customers.
100% inspection method is a quality control technique which involves assessing and looking at all the parts of a product.
This type of quality control is done to rule out flaws in products so that they do not reach to the customers.
This method is commonly used to evaluate the valuable metals and products.
When conducting the 100% inspection method data about the manufacturing process is required and software is also needed to analyze inventory of the products.
To know more about the quality control techniques here:
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Answer:
The investor will pay up the rereofitted pumps in a period of 22.52 months.
Explanation:
<em><u>First,</u></em> we solve for the amount of profit generate per month:
21,000 gallons a month x $0.09 per gallon = $1,890
Now, we calcualte the time at which an monthly income of 1890 discounted at 2% per month matches a present value of 34,000
C $1,890.00
time n
rate 0.02
PV $34,000.0000
We use logarithmics properties to solve for n:
-22.52006579
n = 22.5200 = 22 and a half month.
Answer:
a. consists of two or more independent organizations that combine their requirements for materials, services and capital goods to gain better pricing, service and technology from suppliers.
Explanation:
A purchasing consortium consists of two or more independent organizations that combine their requirements for materials, services and capital goods to gain better pricing, service and technology from suppliers. It is also known as group purchasing organization or cooperative purchasing and typically comprises of organizations sharing similar purchasing requirements or needs coming together in order to enhance their purchasing or bargaining power (capabilities) in the market.
The main purpose of a purchasing consortium is to provide a leverage for two or more independent organizations by reducing their purchasing costs when acquiring resources or materials required for the smooth operation of their business.
Answer:
c) how resources are combined in the production of goods.
Explanation:
In order to meet the unending needs and wants of consumers, to satisfactorily provide products that meets their requirements, tastes or preferences various manufacturing companies use five (5) main methods of production, and these are; labour-intensive production, mass production, batch production, capital-intensive production and job production.
Generally in Economics, the question of how goods are produced, determines how resources are combined in the production of goods.
This ultimately implies that, before a manufacturer produce its goods it determines the amount of resources that are available. These resources that are to be combined for the purpose of production of goods are <em>entrepreneur, land, labor, and capital</em>, which are generally referred to as the four (4) factors of production.
Answer:
Dr. Cr.
Note Receivable $6,000
Account Receivable $6,000
Explanation:
Note is received against a payment of sale mad on credit. A new receivable will be built with the name of Note receivable, so this account will be debited. To deduct the value from the account receivable we will credit the account receivable account due to its debit nature. Later on the interest will be accrued and added in this balance.
