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3 years ago

Maximizing the efficiency of the manufacturing or product development process to minimize costs is referred to as _________.

Business

1 answer:

nydimaria [60]3 years ago

6 0

Answer:

Operation excellence

Explanation:

This concept demonstrates the steady improvement in the product cycles with the support of product cycles, teamwork skills, leadership, problem-solving, decision making, etc. through which an organization's goals and objectives could be effectively and efficiently achieved.

The motive of every organization is to sell the products of the company as per the customer expectations so that it can gain the competitive advantage in the market place by minimizing the cost to the greater extent but at the same time, the company should maintain the quality of the product

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Hurricane Wings has budgeted the following costs for a month in which 24,000 wings will be cooked and sold. Wings, breading, and

Tcecarenko [31]

Answer:

Profit increase= $45

Explanation:

Giving the following information:

Q= 24,000 wings will be cooked and sold.

Wings, breading, and sauce $4,900

Direct labor (Variable) 3,500

Rent 1,100

Depreciation 900

Other fixed costs 400

Each wing sells for $0.80 each.

First, we need to calculate the unitary variable cost:

Wings, breading, and sauce= 4900/24000= 0.2042

Direct labor= 3500/24000= 0.1458

Total variable cost= 0.35

Now, we can calculate the increase in profit:

Q increase= 100 units

Profit increase= marginal contribution*100

Profit increase= (0.80-0.35)*100= $45

5 0

3 years ago

Importance of planning such as an Intervention

Brilliant_brown [7]

Answer:

I NEED MORE INFOOOO

Explanation:

3 0

3 years ago

"Why create a perceptual map?" asked David. Andreas, the senior marketing manager, gave him four reasons. Which of the following

natita [175]

Answer:

A perceptual market shows perceptions of customers about the attributes of a business happening now. Therefore, the reason stated below is not a valid one to support the usage of this graphic

d"It’s a way to show the position of the company in ten years."

Explanation:

A perceptual map offers the possibility of illustrating the perception of different products in one market in terms of different attributes: e.g. quality, price, warranty, service, design and so on.

The senior managers can take valuable decisions when looking how the market perceives the product sold by the company related to the competitors.

See the image attached to have an idea of how a perceptual map looks like.

8 0

4 years ago

A german toy company manufactures its products within u.s borders. if the company decides to downsize and cut production by half

kow [346]

If the company decided to have its production cut into half of its original value, this will most likely be causing the unemployment of those who originally stayed with the company because of the company will most likely decide to fire some of its people to cut costs. In this essence, the country to which the company manufactures the product will have an increase in the unemployment percentage.

3 0

3 years ago

Read 2 more answers

Blooming Sun investment corporation is facing problems in their records

77julia77 [94]

Answer:

Achived that the breakeven

7 0

3 years ago