Answer:
The correct answer is letter "B": Master production schedule.
Explanation:
A Master Production Schedule (MPS) is a detailed plan that outlines what products and in which quantities products should be manufactured over a certain period. This schedule contrasts the Aggregate Production Plan (APP) which has a broader scope in business production not only for a product but for a product family usually in large plants.
<em>MPS planning horizon is shorter than the APP but easier to understand assuming the demand for the product is constant. The MPS lead time to produce a good tends to be longer than the APP.</em>
Answer:
Product A, then Product C and finally Product B
Explanation:
The unit profit = Selling price per unit - Variable cost per unit - Fixed cost per unit
Unit Profit of product A = $21 - $11 - $5 = $5
Unit Profit of product B = $12 - $7 - $3 = $2
Unit Profit of product C = $32 - $18 - $9 = $5
The profit of each product in 1 machine hour = 1 hour/ Machine hours per unit * Unit Profit
Profit of Product A in 1 hour using machine = 1/0.2 * $5 = $25
Profit of Product B in 1 hour using machine = 1/0.5*$2 = $4
Profit of Product C in 1 hour using machine = 1/0.2* $5 = $25
Product A & Product C have same profit in 1 hour machine, then we have to consider Direct labor hours per unit which product A is 0.4 while product C is 0.7. It means Product C is more costly in direct labour than Product A.
In short, then the ranking of the products from the most profitable to the least profitable use of the constrained resource is Product A, then Product C and finally Product B
Research has found that projects identified by top management more often have a strategic, organizational focus.
<h3>What are the main reasons project managers need to understand an organization's mission and strategy?</h3>
- To effectively support a project
- To enable wise decision-making
<h3>Which type of company finds project transfers to be the most challenging?</h3>
The entire organization values project management. The organization responsible for managing the execution of the company's strategy includes a strategic project office, office of strategy management, strategic steering committee, etc.
<h3>
How can organizational strategy and project management work together?</h3>
However, a successful initiative must demonstrate both strategic importance and tactical proficiency. When the Balanced Scorecard is incorporated into the selection criteria, project portfolio management can connect organizational strategy with project management.
Learn more about management at <u><em>brainly.com/question/22717872?referrer=searchResults</em></u>
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Answer: Arthur's bid can be revoked
Explanation: Since Arthur's bid is an ordinary bid, it can be revoked.
Answer:
The methods of acquiring primary data being used in this case is E) focus groups
.
Explanation:
In market research, a focus groups is usually a diverse group of people who are sit together in a room and asked questions about their behavior by the moderator or the host. Focus groups give the decision-makers to talk to their customers directly. In this case, it is quite clear that the marketing manager of Cominform Pvt. Ltd is using Focus group as the method of acquiring primary data. This can be inferred by,''10 individuals ,a skilled moderator,everyone participates and stays focused on the topic.''
