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cricket20 [7]
2 years ago
8

In the system selection process, the step of reducing the number of potential vendors that a healthcare organization is consider

ing to just a few finalists is called
Business
1 answer:
lana66690 [7]2 years ago
6 0
(Answer) Down selection. *
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A key use of a customer survey used in the operations consulting phase of problem definition is customer loyalty analysis. True
Marina86 [1]

Answer: True

Explanation: The operations consulting is the evaluation of the operational situation of the company, this helps us to improve the processes. If a customer survey is carried out, for example, regarding the quality of the products and the result is that raw materials or prices must be modified, if corrective measures are made, it is possible that customer satisfaction increases and therefore the fidelity.

8 0
3 years ago
On October 1, Lawrence Company borrowed $60,000 from Fourth National Bank on a 1-year, 7% note. If the company's fiscal year end
Olegator [25]

Answer:

Lawrence should make an entry to increase c. interest payable, $1,050

Explanation:

The interest amount Lawrence Company had to pay for the note:

$60,000 x 7% = $4,200

In Lawrence's fiscal year ends on December 31, following 3 months of borrowing the $60,000. Following the Accrual basis, the company should make an adjustment entry to record interest expense with amount:

$4,200/12 x 3 = $1,050

The entry:

Debit Interest expense $1,050

Credit Interest payable $1,050

7 0
4 years ago
Small changes in consumer demand can result in large variations in orders placed because of the:_______
UkoKoshka [18]

Small changes in consumer demand can result in large variations in orders placed because of the Bullwhip Effect. Thus the correct answer is D.

<h3>What is a consumer?</h3>

The consumer is referred as an end user of any product or service. He is the person who utilizes or takes the benefit of the products purchased. The person who buys a product is called a customer.

Demand estimations result in ineffective supply chains due to the bullwhip effect which is a characteristic of distribution channels. As one moves higher up the supply chain, it informs of increasing inventory variations in reaction to variations in consumer demand.

Therefore, option D Bullwhip effect is appropriate.

Learn more about the Bullwhip effect, here:

brainly.com/question/2815747

#SPJ4

The complete question is attached below-

Small changes in consumer demand can result in large variations in orders placed because of the:

A) Supply chain

B) Safety stock requirement

C) Lead time effect

D) Bullwhip effect

E) FCFS scheduling

4 0
1 year ago
All else being equal, which is true about a firm with high operating leverage relative to a firm with low operating leverage? Se
Andre45 [30]

Answer:

A. A higher percentage of the high operating leverage firm's costs are fixed.

Explanation:

Let's first focus on what is operating leverage:

It represents  the degree on which an increase in sales revenue, will also increase the operating income of the company

So Being Contribution Margin the amount generate for sales, dividing that for the profit, we got the relationship between sales and income.

\frac{ContributionMargin}{Profit} = $Operating Leverage\\

We can expand those like this

\frac{Q * CM} {Q * CM - Fixed Cost} = $Operating Leverage\\

Where Q is the uantity of units sold

and CM is the contribution margin per unit.

Resuming: relationship between sales and operating income

That definition cuts "C" and "D" because they talk about debt, this measurement doesn't involve debt.

Now let's check "A"

It state that higher fixed cost amkes the leverage go higher, let's see if that is true:

\frac{Q * CM} {Q * CM - Fixed Cost} = $Operating Leverage\\

Fixed Cost is subtracting in the divisor, so higher fixed cost makes the divisor lower.

When this happens, the result of the division is higher.

\lim_{n \to 0} \frac{a}{n}= \infty

So this example is true

<u>As an example:</u>

If you have 100 CM and 80 Fixed cost then

\frac{100}{100-80}= 100/20 = 5\\

IF you have 100 CM and 50 Fixed cost then

\frac{100}{100-50}= 100/50 = 2\\

5 0
4 years ago
Assume that total costs assigned to the setup activity cost pool in March are $120,000 and 100 setups were completed in March. F
IgorLugansk [536]

Answer:

The correct answer is C.

Explanation:

Giving the following information:

Assume that the total costs assigned to the setup activity cost pool in March are $120,000 and 100 setups were completed in March.

Further, assume that during March machines were setup 20 times to make product X5.

First, we need to calculate the activity rate for setups.

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 120,000/100= $1,200 per setup

Now, we can allocate overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 1,200*20= $24,000

6 0
4 years ago
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