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dlinn [17]
2 years ago
6

A team is trying to determine the best process type for producing a new product family. The product consists of a base model wit

h a number of different options that customers may specify. Because of the differences between the number and types of options that can be specified, the time required for different operations can vary quite a bit. One of the operations that must be performed on the base model requires a complex machine tool. Setup times for this tool are long, necessitating large batch sizes. It would not be economical to purchase more machines of this type. Which of the following process types would be best for producing a new product family?
a. cell
b. continuous flow process
c. machine-paced line
d. worker-paced line
Business
1 answer:
Natali5045456 [20]2 years ago
7 0

Answer:

The correct answer is the option A: Cell

Explanation:

To begin with, the name of "Cellular Manufacturing" is known in the business field for being one type of manufacturing process that can be selected among others in order to use it as the method of excellence to produce the good that the company wants to sell. Moreover, this type of process is characterized by the fact that the process involves a number of various machines that do a task in particular, called cells, that can easily change that task in order to do another one that the manufacturer will need so that implicates that this type of method is very helpfull in those companies who develop products that are intended to be changed continuously.

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Consider the following hypothetical transactions of the Balance of Payments of Country A: 1. Country A's firms export to Country
serious [3.7K]

Answer:

The net contribution to the Current Account Balance of Country A is $50

Explanation:

The credit entries include those entries which bring the money into the economy whereas the debit entries are those entries in which the expenses are more incurred or we can say more outflow of cash is there.

The debit and credit entries are shown below:

Debit entries:

1.  Country A's firms import from Country C $500 worth of steel

2. Country A's residents buy Country C's government bonds for $1000

3.  Country A's residents pay $100 in dividends on Country C's investments in Country A

Credit entries:

1. Country A's firms export to Country B $100 worth of grain

2. Country A's workers resident in Country B receive $500 in wages

3. Country A's residents receive $50 in interest from Country C's bonds they owned

4. Country A's central bank acquires $1000 worth of Country C's currency

Now the net contribution of the current account balance would be

= Total credit balance - total debit balance

= $100 + $500 + 50 + $1,000 - $500 - $1,000 - $100

= $50

The negative amount represents debit balance whereas the positive amount reflect a credit balance

5 0
3 years ago
A ________ is an agricultural based community in which a number of families live in close proximity to each other, with fields s
aksik [14]
<span>Cluster of rural settlements </span>
3 0
2 years ago
Which of the following analytical techniques is designed to output the best decision?
navik [9.2K]

Answer:

Prescriptive analytics      

Explanation:

Prescriptive Analytics refers to the data analytics field that specializes on determining the best approach in a situation, based on the data accessible. It is linked towards both descriptive analytics as well as predictive analytics yet highlights valuable insights rather than data analysis.  

Prescriptive analytics collects information with its systems from either a range of descriptive or predictive databases and relates it to the choice-making process. It involves mixing existing conditions with alternative actions to evaluate how well the outcome would be influenced by each.

It can also assess the effects of judgment, based on various potential future situations. The discipline draws inspiration from applied mathematics, using a number of statistical techniques to construct and re-create potential judgment trends that could have different effects on an entity.

6 0
2 years ago
The recognition of the need for organizations to improve the state of people, the planet, and profit simultaneously if they are
romanna [79]

Answer:

The need for organisations (which may be governmental or non-governmental) to improve the condition of living of people and protect their environment whilst they pursue increased profitability has been termed

The Triple Bottomline.

It is also referred to by economists as the 3P - People, Planet and Profit.

It speaks to the fact that other than the usual making financial success the sole metric of measurement by which organisations are evaluated, their impact on people and the environment should be considered as well.

In simple terms, a firm should be termed more successful than others if it's activities besides being profitable also impacts positively on people and protects if not improves the environment.

Cheers!

7 0
3 years ago
High-Low Method
frozen [14]

Answer:

Requirement 1

<em>High Point = March</em>

<em>Low Point = January</em>

Requirement 2

<em>Variable rate for tanning $0.41 per tanning appointment </em>

<em>Fixed cost per month $1,457</em>

Requirement 3

<em>Total Cost = $1,457 + $0.41 × Activity Level</em>

Requirement 4

<em>Total predicted cost for September $ 2,482</em>

<em>Total fixed cost for September $1,457</em>

<em>Total predicted variable cost for September $1,025</em>

Explanation:

Requirement 1

High Point = March

Low Point = January

Requirement 2

<em>Variable Cost = Difference in Overhead Cost (High - Low)/ Difference in Activity (High - Low)</em>

                       = $2,810 - $1,744 / 3,300 - 700

                       = $1,066/ 2,600

                       = $0.41

<em>Fixed Cost Component = Total Overhead Cost - Variable Cost × Selected Activity.</em>

Lets Select, January 700 $1,744

Fixed Cost Component = Total Overhead Cost - Variable Cost × Selected Activity.

                                       =  $1,744 - $0.41 × 700

                                       =  $1,457

Requirement 3

Cost formula for tanning services

<em>Total Cost = Fixed Cost + Variable Cost</em>

thus,

Total Cost = $1,457 + $0.41 × Activity Level

Requirement 4

Total Cost = $1,457 + $0.41 × Activity Level

                 =  $1,457 + $0.41 × 2,500

                 = $ 2,482

6 0
2 years ago
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