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babunello [35]
3 years ago
14

Wonk is a unique furniture company that design, builds, and retails in Brooklyn, NY. You can customize your design with creative

input, including personalizing items with wood and lacquer options or environmentally conscious materials and finishes, though the options are not unlimited. Wonk manufactures when an order is received. Wonk relies on
Business
1 answer:
Andrew [12]3 years ago
7 0

Answer:

Make-to-order manufacturing.

Explanation:

Different Production Types:

-Make to Stock

-Make to Order (MTO)

MTO is a production approach where products are not built until a confirmed order for products is received. Customers highly customized requests can be satisfied and reconnect the value chain to the customer.

Process characteristics:

-Each order is specific, cannot be stored in advance

-Process manger needs to maintain sufficient capacity

-Variability in both arrival and processing time

-Role of capacity rather than inventory

You might be interested in
Briefly explain the differences between functional, matrix, and project organizations. Describe how each structure affects the m
denis-greek [22]

Answer

The classic function organisation, is a pecking order where every worker has one clearsuperior. Staff individuals are gathered by specialities, for example, generation, promoting, building, and accountingat the top level. Specialties might be additionally subdivided into centered useful units, for example, mechanical and electrical designing. Every department as an utilitarian association will do its venture work autonomously of different offices

Matrix organisation, mirror a mix of practical and projectized characteristics. Matrix organisation can be named feeble, adjusted, or solid relying upon the overall degree of intensity and impact among utilitarian and undertaking chiefs. Powerless framework associations keep up huge numbers of the qualities of a practical association, and the job of the venture director is even more an organizer or expediter.A venture expediter fills in as staff collaborator and correspondences facilitator. The expediter can't settle on or implement choices. Task facilitators have capacity to settle on certain choices, have some position, and report to a more elevated level supervisor. Solid framework associations have a large number of the attributes of the projectized association, and have full-time venture supervisors with extensive position and full-time venture regulatory staff. While the reasonable framework association perceives the requirement for a task supervisor, it doesn't give the venture administrator the full authority over the undertaking and venture financing.

In a projectized organisation, colleagues are regularly colocated. The greater part of the association's resources are engaged with venture work, and undertaking directors have a lot of freedom and authority. Virtualcollaboration strategies are regularly used to achieve the advantages of colocated groups. Projectized organizations often have authoritative units called divisions, however they can either report legitimately to the task director or provide bolster administrations to the different undertakings

How they affect the management

In a functional organisation, extends that exist inside a solitary useful division produce no specific authoritative issues, yet extends that cut across utilitarian divisions can be testing. Why? Tasks that stretch out across practical divisions are requesting to oversee on the grounds that the undertaking director has no direct utilitarian position and should get ceaseless collaboration and backing from useful supervisors of different divisions so as to meet venture goals. This can get confusing.

Since the matrix structure offers position to both venture administrators(project manager) and utilitarian directors(functional manager) the result is to give an increasingly consistent division of work and at last to construct a more grounded group culture. In any case, the potential for struggle between useful supervisors and task administrators still exists on the grounds that there is still asset strife. Everybody who is on a task group still has two supervisors – their practical director and their venture administrator.

In a projectised organisation authority is incorporated. Since ventures are expelled from useful divisions the lines of correspondence are abbreviated. Both these elements upgrade the capacity to settle on quick choices. Undertaking groups build up a solid feeling of character which thusly makes a significant level of responsibility from colleagues. Because of their contribution in successive ventures of a comparable sort projectised associations can create and keep up a long haul assortment of experience and aptitudes in explicit regions.

Obviously projectised organisation make it simpler to run ventures on the grounds that the whole structure is set up for that reason. However, on the off chance that you are dealing with a task inside other hierarchical structures, at that point perceiving and understanding the effects will raise your attention to the potential undertaking the board entanglements, so you can be proactive about settling them. Correspondence, compromise and group building will be vital to your prosperity.

8 0
3 years ago
Kawai Corporation, which makes and sells 85,000 radios annually, currently purchases the radio speakers it uses for $8.00 each.
andriy [413]

Answer:

Effect on income= $-117,500

Explanation:

Giving the following information:

Kawai Corporation, which makes and sells 85,000 radios annually, currently purchases the radio speakers it uses for $8.00 each.

Kawai estimates that the cost of materials and labor needed to make speakers would be a total of $6.50 for each speaker. Also, supervisory salaries, rent, and other manufacturing costs would be $170,000. Allocated facility-level costs would be $75,000.

Buy= 85000*8= $680,000

In house:

Production costs= 6.5*85,000 + 75,000= 627,500

Other fixed costs= 170,000

Total cost= $797,500

Effect on income= 680,000 - 797,500= $-117,500

3 0
3 years ago
All of the following are career pathways for Finance except: A. operations management B. accounting C. banking services D. Insur
Nataly_w [17]

operations management

7 0
3 years ago
Read 2 more answers
Which is not a common product marketing techniques?
KatRina [158]

The four common product marketinf techniques are Product, Placement, Promotion, and Price. they are referred to as four elements of marketing. in this case, preparation is not included in the group. Preparation is not a marketing technique as this is a necessity for all businesses. 
6 0
3 years ago
Supply of Children's Books Price (dollars) Quantity (books) $12 24 10 20 8 16 6 12 4 8 2 4 0 0 Instructions: Round your answers
Nataly_w [17]

Answer:

40%

Explanation:

the percentage change in price using the midpoint method = {(P₂ - P₁) / [(P₂ + P₁)/2]} x 100

= {($6- $4) / [($6 + $4)/2]} x 100 = [$2 / ($10 / 2)] x 100 = ($2 / $5) x 100 = 0.4 x 100 = 40%

The advantage of using the midpoint method for calculating percentage changes is that it doesn't matter if the change is positive or negative, e.g. it will yield the same result if the price increases or decreases in the same amounts.

5 0
3 years ago
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