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3 years ago

Apply Six-Sigma quality standards and devise a plan for the hotel to monitor and control future process performance.

Business

1 answer:

Kazeer [188]3 years ago

3 0

Answer: improve customer relation to meet customer satisfaction.

Explanation: six sigma quality standards is a statistical quality control used by business to improve product or services. If the hotel adopt the method in the area of services rendered to their clients and consequently lead to loyal customer in the future.

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Which of the following is not part of the flow of events in variance analysis?

IgorC [24]

Answer:

e. Working to ensure that all variances are favorable.

Explanation:

the steps in effective management of variance analysis

Identifying questions and their explanations

Preparing standard cost performance reports

Taking corrective and strategic actions

Computing and analyzing variances

So the option is E.

Working to ensure that all variances are favorable.

7 0

2 years ago

Jefferson Company's demand for its only product exceeds its manufacturing capacity. The company provided the following informati

KATRIN_1 [288]

Answer:

1. Utilization rate = Operating time/Scheduled time

Utilization rate = 5,696/6,400

Utilization rate = 0.89

2. Efficiency rate = (Total output / Ideal run rate) / Operating time

Efficiency rate = (18,100/2) / 5,696

Efficiency rate = 9,050 / 5,696

Efficiency rate = 1.5888343

Efficiency rate = 1.59

3. Quality rate = Good units produced / Total units produced

Quality rate = 12,670 / 18,100

Quality rate = 0.70

4. Overall Equipment Effectiveness = Utilization rate * Efficiency rate * Quality rate

Overall Equipment Effectiveness = 0.89 * 1.59 * 0.70

Overall Equipment Effectiveness = 0.99057

Overall Equipment Effectiveness = 0.991

6 0

3 years ago

Ras are simpler to complete than risk management plans, because risk management plans are continuous processes while ras are sim

Kamila [148]

Ras are simpler to complete than risk management plans, because risk management plans are continuous processes while ras are simple point-in-time documents that can easily be completed in a single sitting.

False

4 0

3 years ago

Alpha has $40,000 of capital per worker, while Beta has $5,000 of capital per worker. In all other respects, the two countries a

VladimirAG [237]

Answer:

lower return

Explanation:

an additionl unit of capital will have a lower return in Alpha compared to Beta

The diminishing return theory explains that if a factor is added, while the other remains the same, the return for each additional quantity added will be lower. So if both countries have the same amount of factor, Alpha adding more capital will not have the same return as doing it in Beta

ΔCapital/(40,000 + labor + land) < ΔCapital/(5,000 + labor + land)

That's because the divisor ir greater in Alpha it is required a higher amount of capital to produce the same return.

5 0

3 years ago

Shannon Corp. uses the aging method to account for bad debt expense. Shannon determines that a customer account of $10,000 shoul

lozanna [386]

Answer:

The write off of the account should include a debit to the allowance for uncollectible accounts, and a credit for bad debt expense:

Account Debit Credit

Bad Debt Expense $10,000

Allowance for Uncollectible

Accounts $10,000

This is because under the aging method, when an account is actually written-off, it must be charged against the bad debt expense that was forecasted or anticipated earlier.

6 0

2 years ago