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Helen [10]
3 years ago
8

What are the profound and philosophical goals and benefits of a modern industrial society, according to Frederick Winslow Taylor

, and how can they be achieved?
Business
1 answer:
netineya [11]3 years ago
5 0

Explanation:

The greatest objective and benefit of a modern industrial society according to Taylor was the transformation of management into a science, which should maintain the standardization of administrative processes in order to reduce production time and maintain the quality of work.

He developed the rational organization of work, a tool for researching human labor conditions, such as division of labor, specialization, standardization, supervision, salary incentives, etc., whose aim was to analyze how such factors influence productivity and the quality with which a worker perceives and performs his work.

The benefits of Taylor's management model were reduced working hours, perceived employee appreciation, reduced costs, improved organizational environment, etc.

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Smith Companypurchases components from three suppliers. Components purchased from Supplier A are priced at $5 each and used at t
Allisa [31]

Answer:

Smith Companypurchases components from three suppliers. Components purchased from Supplier A are priced at $5 each and used at the rate of 20,000 units per year. Components purchased from Supplier B are priced at $4 each and are used at the rate of 2,500 units per year. Components purchased from Supplier C are priced at $5 each and used at the rate of 900 units per year. Smith incurs a holding cost of 20 percent per year. Currently, Smithpurchases a separate truckload from each supplier. As part of JIT drive, Smith has decided to aggregate purchases from the three suppliers. The trucking company charges a fixed cost of $400 for the truck with an additional charge of $100 for each stop. Thus, if Smith asks for a pickup from only one supplier, it charges$500; from two suppliers, it charges $600, and from three suppliers, it charges $700. Suggest a replenishment strategy for Smith that minimizes annual cost.

Required:

Compare the cost of your strategy with Smith's current strategy of ordering separately from each supplier.

Explanation:

I don't know

7 0
3 years ago
"Worldwide Food Services, InC., (WFS) has a large number of cooks and other food service workers who will be sent to hardship en
vova2212 [387]
<h3>In this case, it would be most wise for WFS to go for external trainers through subcontracting  </h3>

Explanation:

Subcontracting is the process of transferring or outsourcing to another entity known as a subcontractor a portion of the responsibilities and duties under a contract. The person or business subcontracting reports to the primary contractor, who is responsible for overseeing the contract work from inception until completion.

Subcontracting refers to the process of bringing specific parts of a contract or project into an outsourced business or entity. In most cases, an organization subcontracts business to perform a task that cannot be handled internally.

7 0
4 years ago
For many waiting line situations, the arrivals occur randomly and independently of other arrivals and it has been found that a g
Scrat [10]

Answer:

d. a Poisson probability distribution.

Explanation:

Based on the information provided within the question it can be said that the best description of the arrival pattern is provided by a Poisson probability distribution. This concept that tries to map out the probability that a given number of the same event occurred during a fixed interval of time. Which in this case would be the other arrivals during the set amount of time you are in the waiting line.

5 0
4 years ago
What is an advantage of taking out a long-term loan instead of a short-term
Olegator [25]

A long-term loan usually has lower interest rate

4 0
3 years ago
Read 2 more answers
James Smith, the CFO of Blossom Automotive, Inc., is putting together this year's financial statements. He has gathered the foll
xeze [42]

Answer:

Long term debt is $ 166,621

Explanation:

Firstly, we have to classify the available data into their correct headings.

Assets

Cash                                                          $   23,015

inventory                                                   $ 210,000

Accounts Receivable                               $ 141,258

Other current assets                                $   11.223

Plant and Equipment (Net)                      $ 710,000

Goodwill and other assets                      <u>$   78,656</u>

Total Assets                                            <u>$ 1,174,152</u>

<u></u>

Liabilities

Accounts Payable                                    $   163,257

Short term notes payable                        <u>$     21,115</u>

Total liabilities without long term debt   <u>$   184,372</u>

<u></u>

Stockholders equity

Common stock                                         $ 311,000

Retained earnings                                   $  512,159

Total Stockholders Equity                      <u> $  823,159</u>

By using the fundamental accounting equation which is

Assets= Liabilities + Owners equity

$ 1,175,152 = $ 184,372 + $ 823,159 = $ 166,621

so the amount of long term debt is $ 166,621, this would balance the accounting equation.

8 0
3 years ago
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