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nalin [4]
3 years ago
10

Explain the three system inhibitors of waste, variability and inflexibility and how they can be inefficient to corporations.

Business
1 answer:
Snowcat [4.5K]3 years ago
8 0

Answer and Explanation:

Waste occurs when a company uses inputs that do not add value to their customers. In other words, something customers are not willing to pay for is classified as waste to the company.

Variability is predictability or unpredictability as regards the products of the company. This is what customers expect the products of the company to be like everytime they buy, a certain standard. Example when a customer buys food from a restaurant and expects it to taste the same everytime.

Inflexibility or rigidity occurs when a company isn't flexible enough to adapt easily to customer's expectations such as product mix, changes in demand of their products etc.

These three inhibitors if not handled properly will lead to bad resource management causing customer and employee dissatisfaction.

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Anika [276]

The selling price given as = $ 15

The cost per CD is = $ 11

The total profit = Selling price - Cost

Total profit per CD = $ 15 - $ 11

Total profit per CD = $ 4

The markup on selling price is calculated as - Total profit ÷ Selling price × 100

Markup on selling price = $ 4 ÷ $ 15 × 100 =26.6666 % or 27 %.

4 0
3 years ago
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When Myra first became eligible for Medicare, she enrolled in Original Medicare (Parts A and B). She is now 67 and will turn 68
Temka [501]

<u>Answer:</u>

<em>Medicare refers to a</em><em> program for the individuals</em><em> of and above the age of 65 with certain disabilities and diseases. Medicare the FFS scheme, that is, Fee-for-Service covers two parts, Part A and Part B.   </em>

<u>Explanation:</u>

Part A includes Nursing care whereas Part B includes Doctor's assistance. In the given case, Kelly is entitled to Part A, but not to Part B. Thus, in order to join a Medicare health plan, she also must enrol in Part B.  

7 0
3 years ago
"which would be the most appropriate type of application to create, analyze, and forecast budgets?"
Vesnalui [34]

i thinbk it would be Spreadsheet                                .

5 0
3 years ago
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There are two steps for XYZ bakery to make their bread. One is to prepare the dough and bake the loaves, and the other one is to
Allushta [10]

Answer:

a. Potential Packing Output/hr = (50 loaves/20 min) * 60 min = 150 loaves.

However, the production of 50 loaves takes 60 mins, so the packaging remains idle for 40 mins and the Actual Packing Output/hr = 50 loaves.

Hence, Capacity Utilization = (Actual Output/Potential Output) *100% = (50/150)*100% = 33.33%

b) Production output = 50 loaves/hr = 50 loaves/60 mins

Packing Output = 50 loaves/20 mins

So, to make both the capacities equal, the XYZ Bakery can simultaneously operate three batches to prepare the dough and bake i.e 150 loaves/60 mins for both production as well as packing.

6 0
3 years ago
Corey, a supervisor, needs to rate the performance of 20 subordinates. He uses a rating scale to rate them on a scale of 1 to 10
Sonbull [250]

Answer:

central tendency distributional error

Explanation:

There are three types of distributional errors:

  1. severity.- when the person in charge of rating is too strict and rates the employees with a poor grade.
  2. leniency.- when the person in charge of rating is too lenient and rates the  employees with a high grade.
  3. central tendency.- when the person in charge of rating does not want to assume responsibility and rates the employees with a middle grade, not bad, not good.
3 0
3 years ago
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