All categories

3 years ago

What are the 5 whys in business

Business

2 answers:

Bumek [7]3 years ago

8 0

Answer:look below

Explanation:The 5 Whys is a simple, effective tool for uncovering the root of a problem.

Verizon [17]3 years ago

5 0

Answer:

The five Why's in business is a technique that has you ask why as many times as you need to until you get to the root cause of the problem.

The idea is to stop asking why when you have arrived at a probable root cause of the problem, which may come before or after the 5th why.

Explanation:

You might be interested in

Carillo Industries collected $108,000 from customers in 2017. Of the amount collected, $25,000 was for services performed in 201

Elis [28]

Answer and Explanation:

The computation is shown below;

But before reaching to the final answers, first do the following calculations

Cash collected $108000

Add Services performed in 2017(not collected) $36000

less Services performed in 2016(collected in 2017) $25000

Revenue for 2017 $119,000

Cash paid in 2017 $72,000

Add Expense incurred not yet paid for 2017 $42000

Less Expense paid for 2016 -$30000

Expense for 2016 $84000

Now

a. Cash basis

Revenue $108000

Less Expenses -$72,000

Net income $36000

b. Accrual basis

Revenue for 2017 $119,000

Less Expenses for 2017 $84,000

Net income $35,000

8 0

3 years ago

What is 2×78 please help

Anvisha [2.4K]

Answer:

156

Explanation:

× 2

multiply the 2 by 8 first

then multiply the 7 by 2

3 0

3 years ago

Develop an Excel worksheet simulation for the following problem. The management of Paragon Household Products is considering the

Alexxandr [17]

<h2>Disclamer:</h2>

As it ask to run simulations the values calculates will difer even if you follow the same step as I did.

Answer:

Mean Profit: $ 4,295

Probability of loss: 29.80%

As the product has a mean profit it will on average generate gains

but:

as the standard deviation of the simulation was $ 7,778.40

we should not invest on the product as it is to variable

Explanation:

We are going to use the =RAND() function of excel

which, generates a random number between 0 and 1

This will be done 1,000 times 500 for the variable cost

and 500 for the demand.

Then we copy and paste this numbers to get them fixed.

Then, we convert them into actual cost and demand in units considering their distribution

using excel dist.norm.inv

Now, with this values we solve for profit on each one.

FOr the complexity I attached the excel file as the plataform interface cannot handle large tables.

Download xlsx

6 0

3 years ago

What is an agricultural marketing cooperative that helps members sell their products?

Blizzard [7]

This question provides the defition for a producer cooperative

7 0

3 years ago

Job 101 was completed and sold for $60,000. Job 102 was completed but not sold. Job 103 is still in process. Actual overhead cos

castortr0y [4]

Answer:

Required 1

Debit : Finished Goods $53,600

Credit : Work In Process $53,600

Required 2

Debit : Cash $60,000

Debit : Cost of Goods Sold $55,000

Credit : Sales $60,000

Credit : Finished Goods $55,000

Required 3

Debit : Overheads $4,000

Credit : Cost of Sales $4,000

Explanation :

Hi, I have attached the full question as a pdf below

Manufacturing Costs Calculations :

Job 101 = $19,200 + $28,800 + ($420,000/60,000 x1,000) = $55,000

Job 102 = $14,400 + $11,200 + ($420,000/60,000 x4,000) = $53,600

Closing Overheads :

Actual Overheads = $45,000

Applied Overheads = $420,000/60,000 x 7,000 hours = $49,000

Therefore,

Overheads are over-applied ( by $4,000) and must be deducted from cost of sales

Download pdf

7 0

3 years ago