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Citrus2011 [14]
3 years ago
14

Which of the following is TRUE regarding the significant events in operations​ management? A. The concept of linear programming

first appeared in the Lead Production Era. B. Charles Sorensen was instrumental in the development of the moving assembly line. C. The Mass Customization Era focused on quality. D. The Globalization Era will start approximately in 2025. E. Eli Whitney initiated the revolution of Industry 4.0
Business
1 answer:
andrey2020 [161]3 years ago
7 0

Answer: B. Charles Sorensen was instrumental in the development of the moving assembly line.

Explanation:

Charles Sorensen was Ford's Production Chief for over 40 years and while popular history barely mentions him, he is credited with having given an immense contribution to the development of the Moving Assembly Line.

It was this brilliant man that came up with the idea that the car should move through different work stations with one employee focusing on one thing to do in the car. This way the car's production moved faster. He also contributed heavily to the development of the Automated process at Ford's three main production plants and is said to have kept trying to invent even better methods till he met his end.

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Alpha Computing's Retained Earnings account had a zero balance at the beginning of 2018. What amount of dividends did the compan
MArishka [77]

Answer:

The company paid in dividends the same amount of the Net Income of the Year 2018

Explanation:

If the company keeps the retained gains at zero balance it means that each dollar the company gains during the year it's paid in dividends.

During the year the company gain money from its operations, the total Profit or Losses are reflected in the Financial Statements, if the company gains money and the Retained Earnings are zero, it means each dollar is paid in dividens, the amount available to paid is the Net Income of the Income Statement.

7 0
3 years ago
Universal Mines Inc. operates three mines in West Virginia. The ore from each mine is separated into two grades before it is shi
xxMikexx [17]

Answer:

this is a cost minimization problem, but it is missing some numbers, so I looked for similar questions (see attached PDF):

minimization equation = 20x₁ + 22x₂ + 18x₃ (costs per ton)

where:

x₁ = mine I

x₂ = mine II

x₃ = mine III

the constraints are:

4x₁ + 6x₂ + x₃ ≥ 54 (high grade ore)

4x₁ + 4x₂ + 6x₃ ≥ 65 (low grade ore)

x₁, x₂, x₃ ≤ 7 (only 7 days per week)  

using solver, the optimal solution is

2x₁, 7x₂, and 5x₃

a. The number of days Mine I should operate = <u>2 days </u>

b. The number of days Mine Il should operate = <u>7 days </u>

c. The number of days Mine III should operate = <u>5 days </u>

d. The total cost of the operation for next week = <u>$284,000</u>

Download pdf
4 0
3 years ago
The board of directors of Capstone Inc. declared a $0.40 per share cash dividend on its $3 par common stock. On the date of decl
Doss [256]

Answer:

$7,200

Explanation:

To solve this problem, we use the calculation of dividends formula.

This is represented as follows:

Dividends = (Number of shares issued - Treasury stock held) * dividend per share

According to the parameters in the question, number of shares issued = 23,000

Treasury stock held = 5,000

Dividend per share = $0.40

Substituting these values, we have:

Dividends = (23,000-5,000) * $0.4

Dividends = 18,000 * $0.4 = $7,200

The entry when the dividend is declared is $7,200

6 0
3 years ago
Read 2 more answers
Match the cost variance component to its definition.
Komok [63]

Answer:

1. D

2. A

3. C

4. B

Explanation:

Price can be defined as the amount of money that is required to be paid by a buyer (customer) to a seller (producer) in order to acquire goods and services.

In sales and marketing, pricing of products is considered to be an essential element of a business firm's marketing mix because place, promotion and product largely depends on it.

In Accounting, costing is the measurement of the cost of production of goods and services by assessing the fixed costs and variable costs associated with each step of production.

The various types of cost variance components and their definition includes the following;

1. Standard price: the expected price

2. Actual quantity: the input used to manufacture the quantity of output

3. Actual price: the amount paid to acquire input

4. Standard quantity: the expected input for the quantity of output

3 0
2 years ago
Which describes the purpose of body paragraphs in an argumentative essay? Check all that apply.
solniwko [45]

Answer:

To use quotations that enhance the position

to include reasons and evidence from research

to add examples that support the main idea

Explanation:

I don't know about the first one. I think and hope I am right. Good luck!

3 0
3 years ago
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