Answer:
E. statistical quality control.
Explanation:
Shewhart has contributed his great services towards Quality control through valuable research and its results, lectures and by publishing highly informative books. He also worked as a fellow member in American Statistical Association and International Statistical Institute.
Therefore, Walter Shewhart is listed among the important people of operations management because of his contributions to statistical quality control.
Answer:
The correct answer is option d. to increase the shares outstanding.
Explanation:
A company can repurchase its previously purchased stocks to resell to the employees, for bonuses to employees and to even support the market price of the stock.
But the company certainly will not repurchase its previously purchased stocks to increase the shares outstanding.
I hope the answer is helpful.
Thanks for asking.
Answer:
Total= 36,800 pounds
Explanation:
Giving the following information:
Sales (units ) - Production (units):
May: 20,000 - 19,000
June: 18,000 - 16,000
Two pounds of material is required for each finished unit. The inventory of materials at the end of each month should equal 20% of the following month's production needs.
Purchases for May= production for the month + desired ending inventory - beginning inventory
Production= 19,000*2 pounds= 38,000 pounds
Desired ending inventory= (16,000*2)*0.2= 6,400 pounds
Beginning inventory= (38,000*0.2)= (7,600)
Total= 36,800 pounds
Answer:
Functional need
Explanation:
Functional need -
It refers to the needs of the human being , which are important for the survival , is referred to as functional need .
These are basic requirements which are important for the day to day activities of the people .
Hence , from the scenario of the question,
Sarah bought a cycle , but as soon as she realized that basket is important for keeping her bag and other item .
Hence, the need of basket is the functional need .
