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3 years ago

Operations management is only about being as cost-effective as possible. O True O False

Business

1 answer:

anzhelika [568]3 years ago

4 0

Answer:

True

Explanation:

Any kind of practice which allows a business or other organization to maximize the use of their inputs by developing products at a faster pace than competitors or reducing defects, for example.

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John Porter is an hourly employee of Motter Company located in New York City. This week, Porter had to travel to the company's r

Ilya [14]

Answer:

1. Overtime rate is $20.175

2. Total earnings are $699.4

Explanation:

1. OT rate - Overtime is typically paid at a rate of 1.5 times the normal hourly rate

OT rate = 1.5 x $13.45

OT rate = $20.175

2. Total earnings for John Porter

Sunday trip = $20.175 x 3 hours =+$60.525

Week normal hours = $13.45 x 40 hours = +$538

Training session = $20.175 x 5 hours = +$100.875

Total earnings $699.4

8 0

3 years ago

How has the steam engine changed over time?

Dovator [93]

Steam engine brought about advancement in transportation and trade by powering locomotives and steamships which carried both goods and people to distant places in record time. Over the years, knowledge continue to increase and new inventions emerge, these include diesel and electric trains. Today, steam engines are no longer in use. Those that exist are used for historical, entertainment and educational purposes.

6 0

3 years ago

Describe some of the mistakes americans often make when it comes to money

goldenfox [79]

Some of the mistakes that we made are:
- Getting loans unthoughtully
- Buying things that we don't actually need before we managed to fulfill all basic needs for our living.
- Too late to invest. In order to financially secure, it's best to set asie an investment and let the profit compound.

8 0

3 years ago

Read 2 more answers

Faldo Corp sells on terms that allow customers 45 days to pay for merchandise. Its sales last year were $425,000, and its year-e

antoniya [11.8K]

Answer:

Faldo Corp

Customers are paying late by 6.5 days (51.5 - 45)

Explanation:

DSO = Accounts Receivable/Sales last year * 365 days

= $60,000/$425,000 * 365

= 51.5 days

Customers are paying late by 6.5 days (51.5 - 45)

b) Faldo Corp's Days Sales Outstanding (DSO) is an estimate of the number of days it takes Faldo to collect its outstanding accounts receivable. This means that DSO measures how long it takes Faldo's customers to pay an invoice. Faldo can calculate its DSO by dividing the total accounts receivables of last year by the total credit sales of last year. This is then multiplied by 365 days.

3 0

2 years ago

Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations:

Tpy6a [65]

The net operating income as per the variable costing method is $14500

Explanation:

The unit product cost is = $18 + $10 + $4 = $32

Sales revenue ( $78 multiply with 8700 units) = $678600

Variable cost:

Variable cost of goods sold ( 8700 units multiply $32) = $278400

Variable selling and administartive (8700 units multiply $5) = $43500

contribution margin = $356700

fixed manufacturing overhead = $255200

Fixed selling and adminstrative expenses = $87000

Net operating income = $14500

Note: contribution margin is calculated after deducting sales revenue with variable cost

8 0

3 years ago