Information regarding Contacts Being aware of the best ways to get in touch with your customers is essential for establishing productive business relationships.Make sure to get their mailing addresses, cell phone numbers, email addresses, and home phone numbers.
Why is it crucial to safeguard customer information?
Protecting your business means safeguarding the personal information of your customers.You can safeguard your brand and market value, your reputation, and yourself from costly lawsuits by protecting customer privacy.
We ought to gather information from new customers when?
Collecting fundamental data would be even simpler for a B2C business.Make sure you get their name, gender, age, occupation, location, email address, phone number, and household income. Also get their location.This ought to be sufficient for creating a fundamental customer profile and communicating with them as needed.
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Answer:
The correct answer is letter "A": providing personal customer service.
Explanation:
Customer service is a key feature that allows boosting the permanency of clients in selecting one product or service over the competitors. The more <em>personalized </em>the customer's experience is, the longer they will prefer to remain to purchase the goods of the entity or using their services.
Answer:6 kanban containers are needed
Explanation: Using the formula
Number of kanban containers =( dL + S)/C
Where
Average demand, d = 200
Lead time, L = 2 days
Safety stock is 1 day, S = 200 units
Quantity in containers, C = 100
Number of kanban containers = dL + S/C
= (200 x 2 + 200)/ 100 =400+200/100
= 600/100 = 6
Therefore 6 kanban containers are needed
Answer:
Estimation of the non-value-added Cost:
a) Cost of automating the insertion process:
Machine time cost = 15/60 x $8 = $2
Material cost = 7.5 x $10 = $75
Total automation cost = $77
b) Cost of redesigning the gear:
Cost per setup hour = $50 x25% = $12.50
c) Movement cost:
Cost for movement = $20 x 6 = $120
d) Inspection cost:
Cost of inspection = 16,000 x $12 = $192,000
Explanation:
Non-Value Added activities, according to goleansixsigma.com, "are the process steps that do not meet one or more of the following criteria: 1) The step transforms the item toward completion (something changes). 2) The step is done right the first time (not a rework step). 3) The customer cares (or would pay) for the step to be done."
A non-value-added cost is a production expense that does not increase the amount customers are willing to pay for the finished product. Examples are inspection cost, movement cost, and automation cost.
Answer:
c) A credit to a liability account shows an increase.
