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wlad13 [49]
3 years ago
14

Continuous improvement:

Business
1 answer:
pshichka [43]3 years ago
8 0

Answer:

Continuous improvement rejects the notion of good enough.

The correct answer is E

Explanation:

Continuous improvement is a process that enhances improvements in products and services from time to time. It is an on-going systematic effort aimed at enhancing the quality of products and services. Continuous improvement rejects the notion of good enough.

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Standlar Company makes wireless speakers. The standard model price is $360 and variable expenses are $210. The deluxe model pric
bija089 [108]

Answer:

The overall Sales revenue at break even is $515995.872

Explanation:

The overall break even in dollars or the composite break even point is the Total revenue that a business must earn from all its products that should be equal to the total costs from all its products and there is no profit or no loss.

The formula for composite or overall break even in dollars is,

Break even in dollars = Fixed costs / Weighted average contribution margin ratio

Where the weighted average contribution margin ratio is the weghtage of each product in the overall sales mix multiplied by the contribution margin of each product.

The total sales mix is = 8 + 4 + 1  = 13

Weighted average contribution margin ratio = ((360 - 210) / 360) * 8/13  +  

((500 - 300) / 500) * 4/13  +  ((1600 - 600) / 1600) * 1/13     =   0.5814 or 58.14%

Break even in dollars = 300000  /  0.5814  

Break even in dollars = $515995.872

If there is some discrepancy in the final answer, it will be due to the rounding off of the weighted average contribution margin ratio

3 0
4 years ago
Helena Fogarty, the CEO and founder of Mi Ola, states "You have to make decisions….Blowing it is waiting too long to have things
ollegr [7]

Answer:

The Answer is D: Nominal group technique

Explanation:

From the question, it is clear that the CEO of Mi Ola is encouraging everyone to bring up that idea they have in mind. She is encouraging everyone to make a decision as it is never wrong as long as you're moving. Bounded rationality talks about making rational decisions that will most likely satisfy personal needs. This does not seem to be the kind of statement made here. The statement is like a booster to everyone to come up with ideas, which bring us to the concept of nominal group technique. This technique encourages contributions from an entire team and encourages swift agreement on the relative significance of problems, issues, and solutions.

4 0
3 years ago
Suppose Saron has 7 Birr to be spent on two goods: banana and bread. The unit price of banana is 1 Birr and the unit price of a
mojhsa [17]

Answer:

Solution:

A.

p_x=3, G_x=\frac {100}{3}=33\frac{1}{3}p

x

=3,G

x

=

3

100

=33

3

1

p_y=5, G_y=\frac{100}{5}=20p

y

=5,G

y

=

5

100

=20

B.

100-0.25\times 100=75100−0.25×100=75

p_x=3, G_x=\frac {75}{3}=25p

x

=3,G

x

=

3

75

=25

p_y=5, G_y=\frac{75}{5}=15p

y

=5,G

y

=

5

75

=15

C.

p_x=6, G_x=\frac {100}{6}=16\frac{2}{3}p

x

=6,G

x

=

6

100

=16

3

2

D.

p_y=5, G_y=\frac{100}{4}=25p

y

=5,G

y

=

4

100

=25

2.

MU_x=68-60=8, p_x=2MU

x

=68−60=8,p

x

=2

MU_y=29-25=4, p_y-?MU

y

=29−25=4,p

y

−?

\frac {MU_x}{p_x}=\frac{MU_y}{p_y}

p

x

MU

x

=

p

y

MU

y

\frac{8}{2}=\frac {4}{p_y}

2

8

=

p

y

4

p_y=1p

y

=1

8 0
3 years ago
Sheridan Company signed a long-term non cancellable purchase commitment with a major supplier to purchase raw materials in 2021
stepan [7]

Answer:

Unrealized holding loss - Income (purchase commitments) $ 52,900 Dr

Estimated liability on purchase commitments ( $ 1,001,800 - $ 948,900 ) $ 52,900 Cr

Explanation:

Unrealized holding loss - Income (purchase commitments) $ 52,900 Dr

Estimated liability on purchase commitments ( $ 1,001,800 - $ 948,900 ) $ 52,900 Cr

6 0
3 years ago
When you make a mistake in paint, you can reverse up to your last ______ actions?
Juli2301 [7.4K]
Stroke action i believe
6 0
3 years ago
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