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2 years ago

Which of the following is true about specification ?

Business

1 answer:

IceJOKER [234]2 years ago

7 0

Answer:

b. Specifications should not be set arbitrarily. If you set a specification to loosely, the customer will be dissatisfied or upset with the performance of what you provided, even though it meets the specification.

Explanation:

Specification is defined as a set of requirements that needs to be met when producing a product. They give a value that seperate this product from others in performance.

Specification should be narrowly defined as this will help effectively meet the customer needs.

When specifications are too loosely defined the product might not meet customer needs.

For example if a developer requires a laptop with high processing power and the company decides to provide a more generic and lower processing power, the target customer will not be satisfied

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Neptune Company produces toys and other items for use in bthe following and resort areas. A small, inflatable toy has come onto

Sergeu [11.5K]

Break-even point (in dollar sales):

Determine the monthly break-even point for the new toy in dollar sales as shown below:

Break-even point (in sales dollars) = Break-even point (in units) × Selling price per unit

=50,115 units $2.60 each

= $130,299

Thus, the break-even point (in sales dollars) is $130, 299.

The break-even point is the point at which total costs equal total sales. In other words, there is no loss or profit for small businesses. This means that we have reached a stage of production where the cost of production equals the revenue of the product. A breakeven point is used in multiple areas of business and finance.

Learn more about the break-even point at

brainly.com/question/9212451

#SPJ4

8 0

1 year ago

If you draw a card with a value of three or less from a standard deck of cards, I will pay you $146. If not, you pay me $24. (Ac

Rainbow [258]

Answer: Expected value = $2.034

Explanation:

Total outcome = 52

Favorable Outcome = 8

Probability of drawing a card with a value of three or less = $\frac{Favorable\ outcome}{Total\ outcome}$

= $\frac{8}{52}$

= $\frac{2}{13}$

Probability of drawing a card with a value of more than three = 1 - $\frac{2}{13}$

= $\frac{11}{13}$

Hence,

Expected value = $146 \times \frac{2}{13} + (-24) \times \frac{11}{13}$

= 22.338 - 20.304

= $2.034

7 0

2 years ago

Pls help me I would appreciate it

devlian [24]

Answer:

I WOULD SAY HIGH INTRUST RATE.

Explanation:

Hope this helps <3 HAVE A GOOD DAY!

6 0

2 years ago

Read 2 more answers

Breezy Company is considering the replacement of equipment that has a current book value of $340,000. Breezy has an oppprtunity

Rzqust [24]

Answer:

$340,000

Explanation:

A sunk cost is a cost that has already been incurred and cannot be affected by any decision that someone makes. E.g. once you pay an expense like rent, the cost will not be recovered or altered by any decision that you make. Sunk costs is simply money that has been spent and cannot be recovered.

7 0

2 years ago

Explain the following factors that influence the choice of funding: risk

konstantin123 [22]

Risk is the major factor to consider when deciding the funding, when funds are provided it is a risk that whether the funds will be received or not.

Risk is the threat of being unable to receive the funds back, this is the highest level of risk, there are many small risks too, but the highest level is losing the money.

There could be a small portion of loss of money or sometimes the debtor completely defaults so not a single penny is retrieved.

Funding is a choice and the debtor should be chose according to the risk appetite of the investor or lender on money.

There are investors who are risk averse are not willing to take the risk and fine with the less amount of returns and there are risk takers, who want high returns in return of high risk of defaulting.

Learn more about Risk at brainly.com/question/27331968#SPJ1

6 0

11 months ago