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KengaRu [80]
3 years ago
13

You have been newly employed in a very reputable organisation in one of the following industries: agriculture, banking, “oil and

gas”, telecommunication, owing to your background in quality management you have been tasked to develop a Quality Manual to provide a framework for the operationalization of a Quality Management System (QMS). With reference to your choice of industry (selected from above), prepare a Quality Manual that captures the seven auditable clauses of the ISO 9001.
i. Context of the organization
(perform a stakeholder analysis of the organization)
ii. Leadership
(develop a quality policy, quality statement, mission and vision)
iii. Planning
(based on the quality policy, develop 5 quality objectives)
iv. Support
(design a hierarchy of QMS documentation required by the ISO standard and how each level contributes to the QMS, denoting whether they or time-dependent or time-independent by way of their classification)
v. Operation
(develop Standard Operating Procedures (SOPs) for two core processes).
vi. Performance Evaluation
(how will you evaluate one of the core processes above for performance)
vii. Improvement
(identify one quality program for continual improvement of one core process identified above)
Business
1 answer:
mel-nik [20]3 years ago
7 0

Answer:

We have to answer all the questions.

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g The dollar amount of sales needed to achieve a target income is computed by dividing the sum of fixed costs plus the target pr
Mumz [18]

Answer:

true true true true true

4 0
3 years ago
Broadway Inc. is considering a new musical. The initial investment required is $880,000. Every year, the free cash flow from the
masya89 [10]

Answer:

Broadway Inc.

a. NPV of the project:

= $120,000 ($1,000,000 - 880,000)

b. Expected NPV of the project if the company cannot abandon the project:

= $120,000 ($1,000,000 - 880,000)

c. True NPV if the company can abandon the project after the first year:

= NPV = $74,080 - $880,000

= -$805,920

d. Value of the option to abandon:

= NPV = $74,080 - $880,000

= -$805,920

Explanation:

a) Data and Calculations:

Initial investment cost = $880,000

Assumed cost of capital = 8%

Expected annual free cash inflow = $80,000 in perpetuity

NPV = PV of Cash inflows minus PV of Cash outflows

PV of  a perpetuity = Expected Annual Cash Inflows divided by cost of capital

= $80,000/0.08

= $1,000,000

$80,000 * 0.926 = $74,080

NPV = $74,080 - $880,000

= -$805,920

b) Broadway's Present Value of its perpetual annual cash inflow is calculated by dividing the cash inflow by the rate of interest, which is the cost of capital.

3 0
3 years ago
During quality management planning, the project manager and team determine what will be measured during the Control Quality proc
Mamont248 [21]

Answer:

Quality metrics is the right answer.

Explanation:

Let us understand the term quality metrics.

Quality metrics: Delivering the product as need by the client / customer in terms of timely delivery, acceptable performance with cost effective approach.

Quality thresholds:

Any product reaching the given criteria or norms is termed as quality thresholds.

Quality tolerance:

This is essential for "Good manufacturing practices (GMP)"

Quality boundaries:

It means that quality has limitation or boundary which cannot go beyond certain level.

6 0
3 years ago
Central, Inc., is a manufacturer of granite paints. Sales are seasonal due to the seasonality in the home-building industry. The
Verdich [7]

The monthly sales rate made from granite paints in Central incorporations is:

February = 400 gallons

March = 266.6 gallons

Calculating the monthly rate:

The 1st quarter sales is Q1

The 2nd quarter sales is Q2

Note:

Q1= January, February & March

Q2= April, May & June

Given from the question:

Q1= 1200 gallons

Q2= 800 gallons

The monthly sales rate of is calculated by dividing the quarterly rate by 3

Q1= 1200 gallons/3 = 400

Q2= 800 gallons /3 = 266.6

The monthly sales rate made from granite paints in Central incorporations is:

February = 400 gallons

March = 266.6 gallons

<h3>What is sales forecasting?</h3>

Sales forecasting can simply be defined as the process of estimating the future revenue by predicting the amount of goods, products or services a sales unit will sell in the next week, month, quarter, or year.

Therefore, the monthly sales rate made from granite paints in Central incorporations is:

February = 400 gallons

March = 266.6 gallons

Complete question:

Central, Inc., is a manufacturer of granite paints. Sales are seasonal due to the seasonality in the home-building industry. The expected pattern of sales for the first quarters of 2011 is as follows: Sales in Units 1st quarter 2nd Quarter Quantity 1,200 gallons 800 gallons

How much quantity sales of granite paint was sold in month of

(I) February

(II)May

Learn more about sales forecasting;

brainly.com/question/14019463

#SPJ1

7 0
2 years ago
A review of the ledger of Cullumber Company at December 31, 2022, produces these data pertaining to the preparation of annual ad
VladimirAG [237]

Answer:

1)      Dr.          Insurance Expense 8,908

       Cr.               Prepaid Insurance 8,908

2)      Dr.   Prepaid Rental revenue        94,580

        Cr.              Rental revenue            94,580

3)       Dr.   Interest Expense     798

         Cr.          Notes Payable   798

4)        Dr.   Salaries and Wages Expense        3,975

          Cr.         Salaries and Wages Payable     3,975

Explanation:

1) Insurance

Building:     (11,100/3)×1 =  3700

Vehicle :     (7812/18)×12= 5208

   total =  3700 +5208= 8908

2) Revenue

  5380×2 = 10760 ×4 = 43040

  8590 ×1 = 8590 ×6 = 51540

                         total = 94580

3) Notes Payable

monthly interest rate =       7%/12 = 0.0058333  

       interest expense = 45600× 0.005833 × 3 = 798

4) Salary Expense

615 ×5 = 3075

710 ×5 = 3550

salary per week = 3075 + 3550 = 6625

Salary per day = 6625 ÷ 5 = 1325

since they worked last three days of December so:

Salary payable = 1325 × 3 = 3975

8 0
4 years ago
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