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Sauron [17]
4 years ago
9

After focusing for so long on total quality management, mobley industries found that while their product defects decreased by 18

%, their product costs increased by 42%. what can they do to bring down their costs?
Business
2 answers:
Brilliant_brown [7]4 years ago
6 0
They should identify which of their TQM measures contributed the most to product defect decreases (for example, using a Pareto chart). They can do a cost-benefit analysis to see whether there are any expensive methods that are only giving minimal improvement overall, and they may be willing to sacrifice those TQM methods to reduce their cost and allow a slight increase in defect rate.
goldenfox [79]4 years ago
4 0
<span>To help bring down their cost, it is important for Mobley Industries to find what total quality management (TQM) activity brought down their product defects. If they can find what change brought down their defects, they may find the source of which increase their product costs. However, in often times decreasing defects if they have to do with adding extra labor, steps, or parts will increase the cost without allowing for change. If they can pinpoint where the increase is coming from though, they may be able to find a better more cost effective solution. </span>
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dedylja [7]

One type of financial record that would most help her begin this process would be her bank statements.

What is financial record?
Financial records
are the official papers that document the transactions of a company, a person, or any other organisation. Companies keep financial records, such as income statements, balance sheets, cash flow statements, statements of retained earnings, and tax returns. An important sign of a successful business is the organisation of the financial records. Such a record is necessary to give stakeholders and Accutane financial information about a business or an individual in a clear and concise manner. To prepare financial statements or other record for financial reviews and audit, all relevant financial data must be available. In order to assist in the creation of financial records like assets and liabilities, general ledgers, and other supporting documents, books of accounts are also helpful.

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5 0
1 year ago
a. Tara buys only shoes and socks. When the price of shoes goes up, Tara continues buying exactly the same number of socks as be
babymother [125]

Answer: False

Explanation:

Shoes and socks are complementary goods. A complementary good is a good that the demand for the good increases when there is reduction in price of its complement. Complementary goods have a negative cross elasticity of demand i.e. the demand for the good rises when the price of the other good decreases. Assuming "A" is a complement to "B" , a rise in the price of "A" will have a negative effect on the demand for "B".

A reduction in the price of A leads to a positive outcome on the demand for B resulting in an outward shift of its demand curve. The quantity demanded of one good has a direct relationship on the quantity demanded of the other good as they are linked together. When the price of shoes increases, less of socks will be demanded and vice versa.

5 0
3 years ago
Susan Pinsky's checking account had a balance of $137.66. She wrote a check for $23.62 on September 3. On September 7, the bank
musickatia [10]

Answer:

$234.87

Explanation:

Pinky's new balance will be the opening balance plus additional. Deposits minus withdrawals. The new balance will be the starting balance plus cash-in minus the cash-out.

Starting balance =$137.66

Cash-in:  $146.24

Cash-out :  check $23.62 + (AT) of $25.41 =$49.03

New balance = $137.66 + $146.24 - $49.03

=$283.9- 49.03

=$234.8

3 0
3 years ago
32 percent and he holds the following assets for more than a year, which gains will be taxed at the lowest rate at the time of s
RUDIKE [14]

If an individual taxpayer's marginal tax rate is 32 percent and he holds the following assets for more than a year, which gains will be taxed at the lowest rate at the time of sale-----Gains from personal-use property.

What is meant by a marginal tax rate?

The marginal tax rate is the amount of additional tax paid for every additional dollar earned as income. The average tax rate is the total tax paid divided by total income earned.

Tax rate

In a tax system, the tax rate is the ratio at which a business or person is taxed. There are several methods used to present a tax rate: statutory, average, marginal, and effective. These rates can also be presented using different definitions applied to a tax base: inclusive and exclusive

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8 0
2 years ago
The present value of an annuity considers which of the following factors? I. the timing of each cash flow II. the amount of each
Nitella [24]

Answer:

All of them.

Explanation:

For considering the annuity formula we can determinate all the proposed factor:

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C represent II the amount of each cash flow

r = represent the discopunt rate

while time or "n" represent the numebr of cashflow we have to calcualte the present value.

The timing refer wether the payment are made at the beginning or end of the period.

When made at the beginning it is an annuity-due

and the (1+r) factor multiplies the previous formula to represent the addtional period of capitalization each cashflow has or the one period less to discount for each cashflwo in cases of prresent value.

8 0
3 years ago
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