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tigry1 [53]
3 years ago
14

At the heart of operations management is the transformation process through which inputs (resources such as labor, money, materi

als, and energy) are converted into outputs (goods, services, and ideas). Place the statements about two companies in the appropriate columns according to the process steps they represent.
Operations management (OM), the development and administration of the activities involved in transforming resources into goods and services, is of critical importance. Operations managers oversee the transformation process and the planning and design of operations systems, managing logistics, quality, and productivity.

Match the followings:

a. Slow production
b. Unfriendly attendants
c. Oak trees and labour
d. New training program.
e. Oak Furniture


1. Inputs
2. Transformation
3. Outputs
4. Feedback
5. Control standards
Business
1 answer:
Alina [70]3 years ago
3 0

Answer:

1. Slow Production - 5. Control Standards

2. Unfriendly Attendants - 4. Feedback

3. Oak trees and Labour - 1. Input

4. New Training Program - 2. Transformation

5. Oak Furniture - 3. Output

Cheers!

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Mr. Decker invested $20,000 in cash in his new business. How does the company record the investment?
Rudiy27

Answer:

The company records the investment by the entry:

(D) debit Cash and credit Owner's Equity

Explanation:

Mr. Decker invested $20,000 in cash in his new business. He is the Owner of the company.

In the case, the company that he invested received cash from Mr. Decker.

The company will record the increasing in cash and increasing in Owner's Equity account by the journal entry:

Debit Cash $20,000

Credit Owner's Equity $20,000

8 0
3 years ago
When executives from competing firms meet to decide which of them will submit the lowest bid on a contract, they are indulging i
mariarad [96]
That is called "price fixing"
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3 years ago
Angie’s Bake Shop makes birthday chocolate chip cookies that cost $3 each. Angie expects that 12% of the cookies will crack and
mestny [16]

Answer:

<em>Price per cookie $5.5</em>

Explanation:

The cost per cookies inclusive of wastage

$3× 100/(100-12)

=$3.409

<em>Total cost  for  150 units</em>

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= $511.36

<em>Total sales value for 150 units</em>

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= $818.1818

Selling price per unit

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4 0
3 years ago
When treasury stock is purchased for an amount greater than its par, what is the effect on total shareholders' equity?
fomenos

When treasury stock is purchased for an amount greater than its par then the total shareholders' equity decreases.

Given that the treasury stock is purchased for an amount greater than its par.

We are required to find the effect of the purchase of treasury stock for an amount greater than its par on the total shareholders' equity.

Treasury stock is basically known as treasury shares or reacquired stock, and refers to previously outstanding stock that is bought back from stockholders by the issuing company. The result of issuing treasury stock is that the total number of outstanding shares on the open market decreases. Shares of a company are a part of total shareholders' equity and because shares are issued for security, it will decrease the total shareholders;equity.

Hence when treasury stock is purchased for an amount greater than its par then the total shareholders' equity decreases.

Learn more about treasury stock at brainly.com/question/17439058

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8 0
2 years ago
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Svetllana [295]

Answer:

An <u>account</u> is maintained for each financial statement item, whereas a(n) <u>general ledger</u> contains all of the accounts of the company.

Explanation:

Financial statements refers to a statement that that provides formal records of all financial activities and standing of a company or any entity in a structured and easily understandable manner.

For each item of financial statement, an account is kept with the aim of giving a an accurate record of all business activities that are germane to that specific financial statement item.

The purpose of a general ledger is to show individual transactions and resulting account balance of each account of a company as a single collection.

Therefore, an <u>account</u> is maintained for each financial statement item, whereas a(n) <u>general ledger</u> contains all of the accounts of the company.

4 0
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