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svetlana [45]
2 years ago
9

Mass customization is ______. Group of answer choices the redesign of components found to be faulty in earlier versions of a pro

duct the mass production of individually customized products the reuse of components discarded from scrapped products the production of each product by hand for specific custom
Business
1 answer:
Xelga [282]2 years ago
5 0

Answer:

production of individually customized products

Explanation:

Mass customization can be described as when a company produces and delivers market goods and services that are suited to meet the needs of individual customers

It combines the benefit of low cost associated with mass production with the customization of goods.

An example of a product that is mass customized is the mobile phone. A mobile phone is mass produced but due to its software, users are able to modify or customize their phone to suit their needs

Types of Mass customization

  1. Collaborative customization:  In this type of Mass customization, customers and the company work together to create a good or service that meets the unique needs of the consumer.  
  2. Adaptive customization: the good or service created can be further customized by the consumer to suit their needs.  
  3. Transparent customization: unique products are made for each consumer .  
  4. Cosmetic customization: different types of standardized products are made for various groups of customers.

Advantages of Mass customization

  1. Customer satisfaction increases
  2. Goods are produced at lower costs

Disadvantages of Mass customization

  1. It would be difficult for the company to build up stock ahead of time due to the unique needs of the customers
  2. there would be an increased wait time from the time the order is made till when it is delivered
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KonstantinChe [14]

Answer:

23.12%

Explanation:

Internal rate of return (IRR) is the rate at which the Net present value (NPV) of a project equals to zero.

Using a financial calculator and the CF function, input the following to find IRR;

Initial investment; CF0 = -1,200,000

Yr1 cashflow inflow ; C01 = 235,000

Yr2 cashflow inflow ; C02 = 412,300

Yr3 cashflow inflow ; C03 = 665,000

Yr4 cashflow inflow ; C04 = 875,000

Then key in IRR CPT = 23.119%

Therefore, the Internal rate of return this expansion is 23.12%

3 0
2 years ago
A customer buys a Brokered CD for $100,000. Upon receipt of his next account statement, the customer sees that the market value
Mnenie [13.5K]

Answer: A. interest rates have risen

Explanation:

Since the customer buys a Brokered CD for $100,000 and upon eceipt of his next account statement, he sees that there has been a reduction in the market value of the CD to $99,800.

This would occur because there has been an increase in the interest rates. On the other hand, assuming there was a reduction in the interest rate, this will lead to an increase in the market value.

5 0
2 years ago
Intro to Investing Math Quiz
olga nikolaevna [1]

As a result of having increased from a price of $55 to $85, we can say that the stock value increased by<u> 54.55%</u>

The stock was valued at $55 then it increased to $85. First thing to do is to check how much it increased by in dollar terms:

<em>= New price - old price </em>

= 85 - 55

= $30

In percentage terms, this is:

<em>= Increase/ Old price x 100%</em>

= 30 / 55 x 100%

= 54.55%

In conclusion, the stock value increased by 54.55%

<em />

<em>Find out more at brainly.com/question/10273187.</em>

4 0
2 years ago
​Drive-Ins borrowed money by issuing $ 2 comma 500 comma 000 of 8 % bonds payable at 96.5. Interest is paid semiannually. Requir
Bogdan [553]

Answer:

I don't think he got any back

Explanation:

The money could have been a tip.

4 0
2 years ago
When making a payment of FUTA taxes, the employer must make the payment by the: a.10th of the month after the quarter. b.end of
Murljashka [212]

Answer:

Correct option is D.

<u>End of the month after the quarter.</u>

Explanation:

FUTA taxes must be paid quarterly by the last day of the month following the end of the calendar quarter.

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