The answer is Supplier Certification. It is<span> an important part of the total quality management system. It assures that a </span>supplier's<span> product is produced, packed, and shipped under a controlled process, resulting in consistent conformity of the requirements. In Supplier </span><span>Certification, the parts are of higher-quality, there is a better buyer/supplier relationships, lower transaction costs is achieved, & a simplified receiving of the goods occurs.</span>
It is invitation only. Usually people who spend more than $250,000 a year on their credit cards are targeted and invited.
If you are invited it will cost $7,500 for initiation and a $2,500 annual fee for continuous use of the black card.
Answer:
In the following situation:
A firm that makes electronic circuits has been optimally ordering a certain raw material 250 ounces at a time. The firm estimates that the carrying cost is I = 30% per year and that ordering cost is about $20 per order. The current price of the ingredient is $200 per ounce.
The value of annual demand for the action optimal is:
93,750.
Explanation:
To understand this answer we need to understand first a few things. First, an Economic Order Quantity is a concept in inventory management that represents the order quantity that reduces at is last point the holding and ordering costs. The formula to calculate it is:
The square root of [( two times the annual demand in units times the incremental cost to process an order) Divided by (the incremental annual cost to carry one unit in inventory)]
Answer: The answers are provided below.
Explanation:
Import substitution industrialization is a theory that is used by developing countries to reduce their dependence on the developed countries. Import substitution industrialization is used to protect infant industries and develop other sectors so that locally produced goods are competitive with the imported goods.
An example was used by Argentina in the 1970s as the country imposed high tariffs on imported goods and encouraging local production of leather and textile and also make the economy self sufficient and protecting local firms from foreign competition.
The main issues with import substitution industrialization is that it can lead to inefficiency on the part of local firms due to lack of competition from foreign firms. The benefits to be derived from specialisation and trading with another country may also not be gotten.
Answer:
A. the relationship between a driver and the passengers in a car regarding the safe driving of that car
Explanation:
As the driver is providing the service of pick and drop, and is regular in doing so, he is responsible for that.
Also generally cab drivers work through an organization for example UBER which assures the quality of driving and safety.
Thus, with this third party confirmation and assurance there are least chances to get a conflict about the quality of driving in between the passenger and the driver.
