Answer:
Process innovation
Explanation:
Product innovation refers to efforts to create designs and applications of technology to develop new products, while <u>process</u> innovation refers to efforts to improve the efficiency of organizational systems such as manufacturing and operations.
Process inovation: It is a type of innovation that involve in improvement of process in producing goods and services. It also implement new technique and procedure to improve production or delivery method. It is also effective in reducing cost of production.
Answer:
X = 325 cars will yield same profit in both locations
Explanation:
Location City Outskirts
Dealer Price $ $
(98 x 330) 32340 32340
Labour,Material
and Transportation Cost
($30/car x 330 cars) (9900)
( $38/car x 330 cars) (12540)
<u>Fixed Cost (6950) (4350)</u>
Profit 15,490 15450
City will yield greatest profit if monthly demand is 330 cars
Location City Outskirts
Dealer Price $ $
(98 x 430) 42,140 42,140
Labour,Material
and Transportation Cost
($30/car x 430 cars) (12900)
( $38/car x 430 cars) (16340)
<u>Fixed Cost (6950) (4350)</u>
Profit 22,290 21450
City will yield greatest profit if monthly demand is 430 cars
b)
let X be the volume of output for both sites to yield same profit
City
Dealer Price = 98X
Labour, material and transportation= 30X
Fixed cost = 6950
Profit = 98X-(30X+6950)
Outskirts
Dealer Price = 98X
Labour,Material and transportation = 38X
Fixed Cost = 4350
Profit = 98X-(38X+4350)
Both Profits are same therefore
98X-30X-6950 = 98X-38X -4350
-30X+38X = -4350+6950
-8X = 2600
X = 325 cars will yield same profit in both locations
Answer:
The integration of those systems will have the power to improve the operations by giving more information and control to the managers and help them in the decision making process.
Explanation:
First of all, the name of "Supply Chain Management" refers to a system that is used in the companies in order to have information and control what it is known as the flow of the goods and services since the raw materials until the final good consumed by the final user.
Secondly, a "Customer Relationship Management" is another system that focus more priorily in the attention to the consumer and the relationship that the company has with him, meaning that in that system all the information related to the customer is held
Finally, an "Enterprise Resource Planning" is also a system that helps the managers to resolve the problems more superiors related to the high management and the decision making process that is involved in those areas due to the fact that it provides a continuous and real life time focus of the situation of the company as a whole.
To sum up and in order to respond to the question, those three systems can help any business to improve its operations due to the simply fact that it will have a major control of what happens and that will mean more information for the decision making process that will lead to better results and profits.
Answer:
References are former colleagues and supervisors who can vouch for your performance in past companies where you worked. References are the best way an employer can get information on past work experience, performance, and work ethic
It is a way to also cross-check the information given by the applicant for accuracy. They also give insight on your skills, strengths, and achievements.
Explanation:
Doesn't it have an upload button
