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Sidana [21]
3 years ago
14

Erin has been analyzing the manufacturing process for a local company and is starting to see some changes because of her suggest

ions. She proposed automating a pair of machines that are often the point at which some sort of defect is introduced to the process. Not only did this decrease the number of defective products, but also productivity increased by 17%.
Business
1 answer:
galben [10]3 years ago
7 0

Answer: six sigma; eliminate waste.

Explanation:

Here's the remainder of the question:

This scenario is an example of [budget review, Six Sigma, Total quality managment], a principle that is most likely being implemented to[eliminate waste,foster teamwork,exceed customer expectations].

The scenario discussed in the question is an example of six sigma. Six Sigma refers to a data driven method that is used in detecting defects and eliminating wastes. It helps organizations improve their business processes capability which is vital in the improvement of performance and the reduction in defects.

Six sigma also beings about improvement in the morales of the workers, and the improvement in profits.

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What factors excluding price affect demand
Step2247 [10]

the ammount of people wanting it or delay of shipment if stores are having trouble reciving

6 0
3 years ago
Read 2 more answers
Chase is a manager for World Graphic Design, Inc., a firm that designs and manufactures greeting cards, invitations, announcemen
marissa [1.9K]

Answer:

The correct answer is letter "B": False.

Explanation:

The controlling function of management is characterized by having managers supervise employees on the progress of their tasks to find out if they are meeting the expectations the company has from them and to verify if they are reaching the objectives the firm hired them for. It has nothing to do with the fact of seeking and recruiting the best prospective employees for the job positions necessary in the organization.

7 0
2 years ago
Turnbull Co. is considering a project that requires an initial investment of $570,000. The firm will raise the $570,000 in capit
ss7ja [257]

Answer:

WACC = 10.868%

Explanation:

The following data table will show the easiest way to calculate weighted average cost of capital.

Capital components       Investment ($)                Weight                

Debt Capital (Wd)              230,000       230,000 ÷ 570,000 = 0.40

Equity Capital (We)            320,000       320,000 ÷ 570,000 = 0.56

Preference capital (Wp)     20,000          20,000 ÷ 570,000 = 0.04

Total Investment               $570,000                                          1.00

We know,

WACC = [Wd × Kd (1 - T)] + [Wp × kp] + [We × ke]

Given,

Kd (1 - T) = 9.6% × (1 - 0.25) = 7.2%

kp = 10.7%

ke = 13.5%

WACC = [0.40 × 7.2%] + [0.04 × 10.7%] + [0.56 × 13.5%]

or, WACC = 2.88% + 0.428% + 7.56%

Therefore, WACC = 10.868%

8 0
3 years ago
intends on adding a new product line. the contribution margin ratio for the new product is 0.2. they have a target operating inc
FrozenT [24]

Answer:

The total fixed costs must be:

$36,000.

Explanation:

a) Data and Calculations:

Contribution margin ratio for the new product = 0.2

Target operating income = $60,000

Targeted sales volume in dollars = $480,000

Fixed costs = targeted sales volume in dollars multiplied by contribution margin ratio, minus target operating income

Fixed costs = ($480,000 * 0.2) - $60,000 = $36,000

b) The focus should be on the break-even formula for dollar sales with a target profit.  When the formula is reversed, the fixed costs can be calculated as shown above.

3 0
2 years ago
Corny Solutions processes various corn related food items. One of its facilities located in Iowa, performs some initial processi
Novay_Z [31]

Answer:

correct option is a. common costs

Explanation:

solution

As common costs are  those associated with operating a facility shared by the two departments

and here One facility located in Iowa  and corn from the facility will be more further process into the corn for popping and the cornmeal

so as given cost at given costs at Iowa plant is common costs

so correct option is a. common costs

5 0
3 years ago
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