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ladessa [460]
3 years ago
8

The six sigma approach to quality control: Multiple Choice detects potential problems early to prevent their occurrence. views q

uality control as a function of the marketing department. allows only 600 defective units per one thousand units produced. relies on a special team of experts to examine every unit of output at the end of the production process.
Business
1 answer:
NARA [144]3 years ago
8 0

Answer:

detects potential problems early to prevent their occurrence.

Explanation:

Six Sigma is a quality business management strategy which helps business organizations to improve the quality of processes, products and services by discovering and eliminating defects, variations or errors. It is a strategic business concept that was developed in 1986 by Motorola.

This ultimately implies that, the six sigma approach to quality control detects potential problems early to prevent their occurrence.

Under the six sigma approach, any process that doesn't provide customer satisfaction or causes challenges in an organisation's process should be eliminated from the system in order to produce quality products and services. It allows only 3.4 defective features for every million opportunities and as such expects processes to be defect free 99.99966 percent of the time.

<em>Generally, there are two (2) main methods of achieving the six sigma approach;</em>

<em>1. DMAIC: define, measure, analyze, improve and control.</em>

<em>2. DMADV: define, measure, analyze, design and verify. </em>

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Resources have two factors that impact their demand curve. these two factors are
murzikaleks [220]

The demand curve shows the amount of a product that consumers are willing and able to buy at each possible price.

Resources have two factors that impact their demand curve. These two factors are the price of the product made by the resource and the productivity of the resource. The productivity of the resource denotes the output (expressed either as units produced or as economic value) per unit of resource input.

3 0
4 years ago
Hang Ten Company manufactures surf boards and uses an activityminusbased costing system to allocate all manufacturing conversion
lesya [120]

Answer:

Total= $ 321.25

Explanation:

Giving the following information:

Each surfboard consists of 30 separate parts totaling $ 155 direct​ materials and requires 3 hours of machine time to produce.

Materials handling: Number of parts $ 3.75 per part

Machining: Machine hours $ 2.00 per machine hour

Assembling: Number of parts $ 1.50 per part

Packaging: Number of finished units $ 2.75 per finished unit

Total manufacturing cost:

Direct materials= 155

Materials handling=$ 3.75* 30= $112.5

Machining: $ 2.00*3= 6

Assembling: $ 1.50*30= 45

Packaging: $ 2.75

Total= $ 321.25

7 0
4 years ago
g An automobile dealer expects to sell 529 cars a year. The cars cost $11,000 plus a fixed charge of $500 per delivery. If it co
harkovskaia [24]

Answer:

Order size = 23 cars

The number of orders = 23

Explanation:

The economic order quantity (EOQ) is the order size that reduces the balance of holding and ordering cost. It is to be noted that at EOQ, the carrying cost is equal to the holding cost.

The EOQ is computed as shown below;

= √ 2 × Co × D)/Ch

Co = Ordering cost

D = Annual demand

Ch = Carrying cost

EOQ = √ 2 × 500 × 529 / 1,000

EOQ = 23

Number of cars to be ordered per time, I.e optimal order size = 23

Order size = 23 cars

2. The number of times orders should be placed per year would be calculated as;

Number of orders = Annual demand / Order size

Number of orders = 529 / 23

Number of orders = 23

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3 years ago
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4 years ago
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Rollins Corporation is estimating its WACC. Its target capital structure is 20 percent debt, 20 percent preferred stock, and 60
Serggg [28]

Answer:

d. 12.6%

Explanation:

Rollins Corporation will receive $100 - ($100 x 5% flotation costs) = $100 - $5 = $95 net for each preferred stock issued

Since it will have to pay $12 on preferred dividends, the cost of preferred stocks = preferred dividend per preferred stock / net amount received per preferred stock = $12 / $95 = 0.1263 = 12.6%

Flotation costs are costs that a corporation incurs when issuing new stocks or bonds, and they include legal fees, underwriting fees, etc.

4 0
3 years ago
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