Answer:
The correct answer is all of the above
Explanation:
Scrap or the rework costs are the costs which is incurred in order to repair the items that are defective. And the decision to rework or scrap an item or product, ground on the benefits or advantage of the incremental costs.
If the reworked units generate or yield greater advantage or benefit rather than the selling them as scrap, then the decision to rework will be considered.
And if the decision of rework is taken, then the management should consider the incremental costs, revenue or profit from selling the defective units as scarp and the lost profit on selling and making the new units while the rework is performed.
Answer:
d. backorder
Explanation:
Based on the scenario being described within the question it can be said that the sales associate most likely offered to backorder the item for Linda. This is when a retailer places an order for a product that is no longer in stock for the time being, in order to comply with the customer, but will take a while for that order to come in and for the transaction to be completed.
It is a physical resource. A physical resource includes raw materials, buildings, facilities, machinery, energy, and supplies. Since the item in question is a manufacturing plan, it is a building/facility and therefor is a physical resource. This is a resource that is physically theirs and used for manufacturing their goods.
Answer:
C. Business process improvement.
Explanation:
Product reevaluation and Life cycle costing are product dependent and aims to improve products on the individual level and the business on the whole.
Business Intelligence is when businesses use different types of data to compile an analysis for informed decision making.
A value chain refers to all the activities that a business undertakes from procurement of raw materials to adding value. This can be a part of improvement process but it is not directly related.
Business process improvement is when management identifies all the business processes and analyses if there is a need for improvement and identifying areas that need change - then improving upon these findings.
This is the right answer.
Hope that helps.
