Operations management is the set of activities that creates value in the form of goods and services by transforming inputs into outputs. - True.
Operations management (OM) is the administration of enterprise practices to create the very best level of efficiency viable inside an business enterprise. it's far concerned with converting materials and exertions into items and offerings as effectively as viable to maximize the income of an business enterprise.
What are the three kinds of operations management?
Operations management consists of three ranges: strategic, tactical, and operational
What are the key factors of Operations management?
The important thing elements of Operations management are; Product choice and layout: The proper sort of products and accurate designs of the goods are crucial for the achievement of an agency. A wrong choice of the product and/or negative design of the products can render the employer's operation useless and non-competitive.
What do you examine in operations management?
Blanketed in operations management is the whole thing involved in turning raw materials into deliverable service or product. this may include designing manufacturing structures, employee schooling, centers planning, deliver chain control, stock control, product layout, best control and much more.
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Answer:
If the special offer earns a positive contribution margin, we should accept the special order.
Explanation:
Given that,
No. of suites in luxury hotel = 160
Regular suite rate = $210 per night per suite
Hotel’s cost per night = $135 per suite
Variable direct labor and materials cost = $36
Fixed cost = 99
Total cost per night per suite = $135
Contribution margin per night per suite:
= Room rate per night - Variable cost per night
= $94 - $36
= $58
Contribution margin from special offer:
= Contribution margin per night per suite × Number of nights × Number of suits
= $58 × 3 × 45
= $7,830
Management should accept the special offer.
When the company receives offer, the hotel is running at low season. occupancy rate is 55%
If the special offer earns a positive contribution margin, we should accept the special order.
Room rate is $94 for special order.
The benefit of the transcontinental railroad was that it ended many risks of traveling across the country.
<h3>Why was the transcontinental railroad created?</h3>
The American railroad, was created in 1869, with an important innovation through the connection between the coasts of the Atlantic and Pacific oceans, having as benefits the expansion of commercial and passenger transport routes in America.
Therefore, the transcontinental railroad was built using mechanized technology in the 19th century, increasing the safety and speed of travel.
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Answer: a higher compensation cost relative.
I believe it’s A I hope this helps!
