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Tanzania [10]
3 years ago
10

The tool that can be used to depict main causes for an identified quality problem, subdivided into categories represented as mac

hines, materials, methods, and manpower, is called a:____________
Business
2 answers:
tatyana61 [14]3 years ago
8 0

Answer: Cause and Effect Diagram/Fishbone Diagram

Explanation: The Cause and Effect /Fishbone Diagram is so named because of its similarity to the skeleton of a fish. It is used to visulaize the causes of a quality problem and the interactions between them.

When the possible causes are categorized into manpower, methods, material  and machines, it is a 4M Cause and Effect Diagram. This is useful in a manufacturing environment where any of these factors can be the cause of a quality problem. These categories are further divided into subcategories and help identify the cause of quality issues.

jeyben [28]3 years ago
3 0

Answer:

Fishbone diagram

Explanation:

The fishbone diagram, also known as Ishikawa diagram or the cause and effect diagram is a visualization tool used for grouping the likely causes of a problem to know its root causes. A fishbone diagram blends brainstorming with a mind map template.

A fishbone diagram is used for troubleshooting and product development. After all the likely causes of a problem has been brainstormed by the group, the facilitator rates the possible causes in accordance to their importance. The diagram's design resembles a fish skeleton. Fishbone diagrams are usually made at team meetings.

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A company reports the following information for June: Sales revenue $ 104,000 Income tax expense $ 11,000 Operating expenses 22,
Elodia [21]

Answer:

Gross profit    $39,000

Explanation:

X company

Income statement ( parochial)

For the year ended, June 30 20YY

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Less: cost of goods sold                                       $65,000

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In that case, we do not use Income tax expense, Operating expenses, Deferred revenues, Non-operating revenues because those will be needed when we will calculate the net income.

5 0
3 years ago
LO 2.1Explain how the income statement of a manufacturing company differs from the income statement of a merchandising company.
marshall27 [118]

Answer:

Revenue: The revenue of Manufacturing company comes from the sale of the products that they manufacture. However the merchandising company purchases goods from manufacturing companies and distribute them to make it easier for the customer to access the product and earn a profit on it which increases the cost of the product to end consumer. The contract between the manufacturing and merchandising company can be an agreement of principal and agent. In this case, the revenue for the merchandising company would be commission earned from manufacturing company. This commission paid to merchandising company will be cost to manufacturing company.

Cost of Sale: Now the raw material costs plus depreciation of production machinery plus direct labour plus variable Overhead cost plus if their is any commission paid for sale of finished goods will be the cost of sale for manufacturing  company. Whereas in the case of Merchandising company, the cost of sale will be only the cost of goods they sold in the year. The depreciation charge will be minor in merchandising company as they don't have any production machineries.

These the are major difference between manufacturing and merchandising company.

Explanation:

7 0
3 years ago
Which of the following statements is true of an efficient supply chain? a. It works efficiently even when demand for goods and s
bulgar [2K]

Answer:

The correct answer is letter "B": It is designed for efficiency and low cost by minimizing inventory and maximizing efficiencies in process flow.

Explanation:

Efficient supply chains aim to produce high-quality products by reducing manufacturing costs to maximize revenues. As part of the improvement, efficiency relies on reducing the waste of the production process or shipping the goods earlier than planned.

5 0
3 years ago
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