Answer:
Following is the classification of the costs associated with each of these activities that is prevention cost, appraisal cost, internal failure cost, or external failure cost.
(a) Product testing - Appraisal Cost
(b) Product recall - External Failures
(c) Product design - Prevention cost
(d) Quality circle - Prevention cost
(e) Inspection of goods - Appraisal Cost
Explantion cost:
Appraisal costs are costs incurred to detect defects in the poduct produce. Prevention cost are cost incurred to prevent detects in the product produce.
Internal failure costs are costs incurred to remove defects found before the customer receives the product or service. External failure costs are costs incurred to remove defects found after the customer receives the product or service.
Answer:
The correct answer is reverse logistics.
Explanation:
Reverse logistics is responsible for the recovery and recycling of packaging, packaging and hazardous waste; as well as the processes of return of excess inventory, customer returns, obsolete products and seasonal inventories. It is a way of return for materials that are reused, recycled or destroyed.
Logistics also evolves and adapts to the needs that the sector gradually has. This type of logistics was born to help care for the environment, an increasingly important need in the sector.
Answer:
c. modified internal rate of return
Explanation:
Modified internal rate of return ( MIRR ) -
The modified internal rate of return is used in order to rank the projects or the investment that are of unequal size.
The assumption involved is that the positive flow of cash are again invested to the firm and the initial outlays are financed during the firm's financing cost , is referred to as the MIRR.
MIRR is very accurate in comparison to the traditional internal rate of return (IRR) and gives the profit and cost of the project with more accuracy.
Hence , from the given information of the question,
The correct option is c. modified internal rate of return .
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