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Mrac [35]
3 years ago
11

David works in a small manufacturing firm that makes customized office furniture. He feels it is important to work directly with

customers to design high-quality furniture that meets their needs. He believes that doing so would create more value for customers and provide a better relationship between the price of the product and its benefits. In the context of operations management, David most likely focuses on _____.
Business
1 answer:
sergij07 [2.7K]3 years ago
8 0

Answer:

effectiveness

Explanation:

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Less: Reised Variable costs ($21 + $1 = $22 * 1,150)                  ($25,300)

Revised Contribution Margin                                                   $14,950

Less: Revised Fixed costs ($8,400 + $1,250)                          ($9,650)

Net operating income                                                                   $5,300

Fixed costs remain the same for a period of time. Variable costs increase or decrease depending on the performance of the company. Examples of fixed costs are rent, taxes, and insurance premiums.

Variable costs are costs that change with changes in quantity. Examples of variable costs include raw materials, parts labor, production materials, handling charges, shipping charges, packaging materials, and credit card fees. In some fiscal documents, the variable cost of production is called the "cost of goods sold."

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4 0
1 year ago
During the annual Black Friday Sale, The OLX sold a pair of ski boots, regularly priced at $245.00, at a discount of 40%. The bo
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Answer: $147

Explanation:

First find what 40% of $245.00 is:

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The selling price is therefore:

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7 0
3 years ago
· Hope's contribution to her RETIREMENT plan...
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Based on Hope's check, her contribution to her RETIREMENT plan b. is pre-tax and therefore not included in federal income taxes.

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The check notes that Hope's retirement contribution is not included in her federal taxable income.

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