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4 years ago

___________ is the total set of managerial activities that an organization uses to create its products or services.

Business

1 answer:

Lemur [1.5K]4 years ago

8 0

Answer:

Explanation:

Operations management :

Operations management is the organization of strategic policies to make the most elevated level of proficiency conceivable inside an association.

It has more focus about changing over materials and work into products and enterprises as proficiently as conceivable to augment the benefit of an association.

It includes taking advantage of your organization assets. These can include your workers innovation ,gear and so on.

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Susan opened a savings account with $750 at 2.9 percent annual interest. If she keeps the money in the account for 2 years, what

Andrews [41]

Answer:

The answer is $793.50

Explanation:

To solve this, we will use the annual interest formula for simple interest, which is:

A = P(1 + rt)

Where:

A is the final amount including principal
P is the principal amount = $750
r is the rate per year = 2.9% or 0.029 (that is 2.9 divided by 100)
t is the number of years = 2 years

Next, we input these into the equation as follows:

A = 750(1 + 0.029 x 2)

A = 750(1 + 0.058)

A = 750(1.058)

A = 793.5

Therefore, Susan earns $793.50

7 0

3 years ago

Alpine Thrills Ski Company recently expanded its manufacturing capacity. The firm will now be able to produce up to 32,000 pairs

Effectus [21]

Answer:

35.98%

12,362 pairs

$2.53

9,688 pairs

Explanation:

As per the data given in the question,

As we know that

Contribution margin ratio = (Contribution margin per unit) ÷ (Selling price per unit) × 100

where,

Contribution margin per unit = Selling price per unit - variable cost per unit\

So,

Selling price = $137.00

Variable cost = $87.70

Contribution Margin = $137.00 - $87.70 = $49.30

Contribution margin ratio = $49.30 ÷ $137.00

= 35.98%

Net Income after tax = $41,620

Income Before tax = $41,620 ÷ 50%

= $83,240

Now Pairs of touring skis will be sold by company = (Income before tax + fixed cost) ÷ Contribution Margin

= ($83,240 + $526,200) ÷ $49.30

= 12,362 pairs

Break-even of mountaineering model

= Fixed cost ÷ (Selling price per unit - variable cost per unit)

= $622,400 ÷ ($149 - $87.70)

= $10,153

Now Let Variable cost be Y

$10,153 = $526,200 ÷ ($137 - Y)

Y = $85.17

Therefore, Variable cost per unit decreased by

= ($87.70 - $85.17)

= $2.53

New Fixed cost

= Fixed cost × increased percentage

= $526,200 × 1.15

= $605,130

New variable cost per unit

= $87.70 × 0.85

= $74.54

New Break-even point = New Fixed cost ÷ Contribution Margin

= $605,130 ÷ ($137-$74.54)

= 9,688 pairs

4 0

3 years ago

Your company manufactures small kitchen appliances. It is introducing a new product line of appliances in designer colors with d

Gelneren [198K]

Answer:

B. Progressive elaboration

Explanation:

Progressive Elaboration is done for a specific project and then such planning is thoroughly descriptive and detailed, and the management tends to develop the plan more and more with each day, make it more accurate for the project.

In the given instance, since there is a requirement to know all the features along with characteristics of the project properly, the technique to be followed is Progressive Elaboration as all the detailed work will be done, and will be revised accordingly.

Therefore, the correct option is:

B. Progressive elaboration

6 0

3 years ago

On March 1, it was discovered that the following errors took place in journalizing and posting transactions: a. Rent Expense of

Mumz [18]

Answer:

Rent expenbse 4,650 debit

Miscellaneous expense 4,650 credit

--to reverse the mistaken entry--

Rent expense 4,650 debit

Cash 4,650 credit

--to record the correct entry--

Account Pyable 3,700 debit

Accounts Receivables 3,700 credit

--to ammend mistaken entry--

Explanation:

We have two approachs to solve for accoutning mistakes, the first is to reverse the incorrect entry and then record the entry in a proper manner.

(like on A)

The second method is to do adjustment to fix it like on b

the mistake was to use accounts payable therefore, we write-off that and credit the correct account which is accoutns receivables

5 0

3 years ago

Crane Co. uses the gross method to record sales made on credit. On June 1, 2017, it made sales of $52,200 with terms 3/15, n/45.

Artist 52 [7]

Answer:

Explanation:

Crane Co

June 1. Credit: Sales $52,200

Debit: Acc receivable $52,200

Being sales on account

June 12 Debit: Bank. $ 50,634

Debit: Discount Allowed $1,566

Credit: Acc receivable. $52,200

Being payment received on sales

8 0

3 years ago

Read 2 more answers