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Cerrena [4.2K]
4 years ago
13

Combining a line process with the make-to-stock strategy is called?

Business
1 answer:
const2013 [10]4 years ago
8 0

Answer:

Combining a line process with the make-to-stock strategy is called; Mass production

Explanation:

Production process strategy is the activities involved in transforming the organization's input to output. The process strategy's aim is to come up with a way in which the output will meet the customer's requirements. Thus it requires the company to research and determine the customer needs in terms of quality, quantity and timing. There are various production processes than can be considered, namely; line production and make-to-stock strategy.

These production process strategies are further explained below;

1. Line production

This is a method of production where the products pass through the same system of operations. It is always repetitive in nature since all the products in a line production pass through the very sequence of manufacture. The products pass through a conveyor belt where they are put through the same process to similar finished products.

2. Make-to-stock strategy

This is a way of production in which only the quantity of goods demanded are manufactured. It depends on the demand of the product. The goods are produced to match the demand.

3. Mass production

Mass production is the manufacture of similar products using the line production to meet mass demand. In this manner, mass production combines the product similarity feature of the line process and demand based production quality of the make-to-stock strategy.

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Changing in response to the supply-side policy.

<h3>What causes a movement along the Phillips curve?</h3>
  • An increase in AD is a shift from point A to point B. Inflation rises, and the jobless rate falls when AD rises. A shift from point A to point C corresponds to a reduction in AD.
  • The Phillips curve is a diagram that illustrates the economic link between the rate of unemployment and the pace at which wages are changing in terms of money. It reflects the belief of economist A. William Phillips that wages tend to increase more quickly when unemployment is low.
  • According to the Phillips curve, unemployment and inflation are inversely related. Lower unemployment is correlated with higher inflation, and vice versa.

A movement along the phillips curve shows that the unemployment rate and inflation rate are.

Changing in response to the supply-side policy.

To learn more about the Phillips curve, refer to:

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3 0
2 years ago
Great Harvest Bakery purchased bread ovens from New Morning Bakery. New Morning Bakery was closing its bakery business and sold
ddd [48]

Answer:

Particulars                                  Amount

Purchase price                         $700,000

Add: Freight cost                     $35,000

Add: Electrical connections    $5,000

Add: Labor costs                      $37,800

Add: Bred dough used            $900

Add: Safety guards                  <u>$1,500</u>

Total cost of Equipment         <u>$780,200</u>

<u></u>

Note: Repairs cost of $5,000 will not be included

5 0
3 years ago
Mary buys a new toaster for $500. the toaster's label bears a disclaimer stating that the manufacturer is not liable for consequ
Damm [24]

Answer:

The answer is<u> "$500".</u>

Explanation:

The amount of monetary damages Mary can likely recover from the manufacturer of the toaster is $500, because the disclaimer label on the toaster clearly states that, the manufacturer company is not liable for consequential damages. The damage of the electrical wiring in the kitchen refers to consequential damage because it is not the direct result of the damage of toaster but it is due to the spark in the toaster.

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3 years ago
The standard price and quantity of direct materials are separated because a.GAAP and IFRS reporting requires separation b.standa
geniusboy [140]

Answer:

The correct answer is letter "D": direct materials prices are controlled by the purchasing department and quantity used is controlled by the production department.

Explanation:

Standard price is the estimated price direct materials could have at the moment of ordering a purchase. Standard quantity refers to the forecasted number of units necessary for the production process of the firm. The two of them are separated to allocate each one to the department in charge of their providing accurate measures: <em>standard prices are set by the purchasing department while the standard quantity is estimated by the production department. </em>

The efficiency of standard price and quantity relies on the purchasing and production departments separately.

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Answer:

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