Answer: A. the company will be willing to pay a different amount for this resource.
Explanation:
The upper limit for the resource was 18 and anything up to 18 would have attracted the same shadow price (price company estimated it was willing to pay for access to this resource).
The access was increased past this limit however to 18.01. The company therefore will now have more access to the resource and so will be willing to pay a different amount for the resource.
Answer:
b. work to identify root causes, not just symptoms.
Explanation:
The main thing on which Joseph Juran focused was on quality, how it could be improved in planning, and performing properly.
This provided for the quality controls, plans, improvements which could be made, but it did not work on finding the causes behind the lack that why it could not be achieved.
Accordingly it did not in manner focused on the finding the symptoms or root causes.
As it was focused on the action of now what can be done.
Answer:
The amount of outstanding checks on Harris Company's June bank reconciliation should be $42700.
Explanation:
Outstanding amount of checks issued = Checks outstanding in beginning of June + Checks issued during the month of June - Checks cleared in June
= $15400 + $64900 - $37600
= $42700
Therefore, The amount of outstanding checks on Harris Company's June bank reconciliation should be $42700.
