During the "mass production" era, operations management focused primarily on:

jeka94

There is no industry which can not relay on estimation, all industries needs estimation.

The two primary categories of this profession are construction and manufacturing, according to the Bureau of Labor Statistics. It states that more than half of all cost estimators work in the construction industry, where they may further specialize in projects for homes, businesses, industries, or the government.

Cost estimation aids in setting the project budget, planning the required work, and managing new resources. Cost estimates are also of the utmost importance when trying to win over new clients. Before starting actual building, property owners also utilize cost estimates to evaluate the viability of their projects.

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7 0

2 years ago

The current sections of Culver Corporation's balance sheets at December 31, 2021 and 2022, are presented here. Culver Corporatio

natta225 [31]

Answer:

Net Cash Provided by Operating Activities is $286,000

Explanation:

Culver Corporation's

Partial Statement of Cash flows

For the year ended December 31, 2022

Cash Flow from Operating Activities

Net Income $229,500

Adjustment to reconcile net income to

net cash provided by operating activities

Depreciation Expenses $40,500

(Non-cash expense)

Decrease in Accounts Receivables $13,500

(133,500 - 120,000)

Decrease in Inventory $6,000

(258,000 - 252,000)

Increase in Prepaid Expenses -$7,500

(33,000 - 40,500)

Increase in Accrued Expenses Payable $15,000

(22,500 - 7,500)

Decrease in Accounts Payable -$10,500 $57,000

(127,500 - 138,000)

Net Cash Provided by Operating Activities $286,000

4 0

3 years ago

what is the level of interdependence among departments (finance, marketing) in a business school? what kinds of coordination mec

bearhunter [10]

Following are the three levels of interconnectedness that affect organizational structure:

<h3>What is the Parsons Thompson model?</h3>

The three layers or levels of the Parson and Thompson model describe what occurs in the enterprise and how a process or activity serves a particular goal.

Here is a summary of Thompson's levels of interdependence:

In order to create a team where each member contributes to the total, there are three types of interdependence that can be used.

In a business school, the degree of connection between the departments of finance and marketing is:

Structure of Reciprocal Interdependence.

There are various coordination techniques that might be applied to manage the interdependence, including:

complete cooperation
extensive preparation
Mutual apprehension

We must demonstrate the many layers of interconnectedness and how they might be applied in diverse systems, such as a business school's finance or marketing department, in order to answer the issue.

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5 0

1 year ago

Roundwell motors purchases a manufacturing plant for $15 million, pays $5 million in cash as down payment, and borrows the re

gregori [183]

A mortgage is the resource available to home providence to recover the loan.

A mortgage is defined as a legal agree between a bank/creditor with a a person or business. They lend money with an interest rate in exchange for having full ownership of the persons title (house/business building) if the person does not pay.

7 0

3 years ago

When perfectly competitive firm X sells three units of product Z, its marginal revenue is $4.67. When it sells one hundred units

Sedaia [141]

Answer:

A) $4.67

Explanation:

In a perfectly competitive market, marginal revenue always is equal to price. Also, the price is not determined by the firms, it is given by the market because producers doesn´t have any power of decision in this matter.

Due to that, the price is constant, independent the quantity sold.

8 0

3 years ago