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REY [17]
3 years ago
15

Identify and analyze a department in your organization that experiences frequent equipment or process failures. If you are not c

urrently associated with an organization, conduct an Internet search or use the Hunt Library resource to find a firm. Discuss what the organization can do to improve the reliability of the equipment or processes and whether some of the improvement could come through enhanced maintenance.
Business
1 answer:
lord [1]3 years ago
8 0

Answer:

Find the explanation below.

Explanation:

The name of my organization is Prime Plc. known for the production of confectionaries. The Production Department in my organization has been experiencing frequent equipment failures quite recently. A close investigation showed that the delays were caused by a breakdown of the sugar mills, mixers and, coating machines. This has resulted in delays in the production process. To improve these failures, I believe that the organization should:

1. Employ Technicians who can quickly carry out repair work on these machines when they breakdown instead of outsourcing the repair work for this would take a longer amount of time to get the machines up and running.

2. Introduce the periodic maintenance of these machines. Machines are subject to wear and tear, so I would suggest that the maintenance of these machines is carried out within intervals of three months.

3. Train the production personnel on the proper usage of these machines. Production personnel should be updated on current and effective ways of handling machines so as to guarantee their safety and longer use.

4. Make provisions for backup machinery and equipment. The organization would do well to purchase backup equipment especially for machines that the organization cannot do without so that in the event of an equipment failure, the production process would not be stalled.

When these measures are considered, there would be a significant improvement in the production department.

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4 years ago
Bonds ________ and stocks ________.
Sindrei [870]

Answer:

The correct words for the blank spaces are: are low-risk investments; are high-risk investments.

Explanation:

Bonds are considered to be <em>low-risk investments </em>compared to stocks because an interest rate fixed payment is made with bonds in regular periods. Instead, stocks are <em>high-risk investment</em>s since they payout dividends to stakeholders based on a company's profits implying investors will only earn a profit if the company has been able to earn income during a period. Even if that happens, the firms can retain the earnings for reinvestment.

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3 years ago
Q 5.31: Which of the following balance sheet formats lists the assets on top and the liabilities and stockholders’ equity on the
Vsevolod [243]

Answer:

D : report form

Explanation:

A report format balance sheet lists account totals in vertical format where the assets are listed first at the top then liabilities, then shareholders' equity. All the account totals are listed on the right side of the report ; in simple terms, it vertically aligns the asset, liability, and equity accounts with the descriptions on the left and the account totals on the right. It also is easier to read than the account format balance sheet.

4 0
4 years ago
At the beginning of the year, a firm has current assets of $327 and current liabilities of $231. At the end of the year, the cur
nata0808 [166]

Answer:

Change in the Net working capital is $124

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Working Capital can be define as the net amount between the Current Asset and Current liability of a particular year

It is better written as Working capital = Current Asset - Current Liabilities.

At the beginning of the year, the working capital is = $327 - $231 = $96

At the end of the year, the working capital is = $491 - $271 = $220

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B. 0.5% - 2% based on average tax return rates in the US

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3 years ago
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