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3 years ago

How do you increase the quality of your products, i. E. , reduce flaws in production? chegg.

Business

1 answer:

djverab [1.8K]3 years ago

6 0

Increasing the quality of your products can be achieved by doing the

following:

Using standard raw materials.

Adopting best work practices.

<h3>What is Quality?</h3>

This is the measurement of standard or excellence of an individual, goods

and services.

It is best for an organization to churn out quality products as it helps to

increase sales and profit. This can however be achieved by using standard

raw materials and practices during production.

Read more about Quality here brainly.com/question/15281075

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Romashka-Z-Leto [24]

Answer:

The EMV for option a is $5,679,100

The EMV for option b is $5,719,200

Therefore, option b has the highest expected monetary value.

Explanation:

The EMV of the project is the Expected Money Value of the Project.

This value is given by the sum of each expected earning/cost multiplied by each probability.

a) proceeding immediately with production of a new top-of-the-line stereo TV that has just completed prototype testing.

There are these following probabilities:

77% probability of selling 100,000 units at $610 each.

23% probability of selling 70,000 units at $610 each.

$EMV = 0.77*E_{1} + 0.23*E_{2}$

$E_{1} = 100,000*610 = 6,100,000$

$E_{2} = 70,000*610 = 4,270,000$

$EMV = 0.77*E_{1} + 0.23*E_{2} = 0.77*(6,100,000) + 0.23*(4,270,000) = 5,679,100$

(b) having the value analysis team complete a study.

There are these following probabilities:

74% probability of selling 85,000 units at $720.

26% probability of selling 70,000 units at $720.

The cost of value engineering, at 120,000. So this value is going to be dereased from the EMV.

$EMV = 0.74*E_{1} + 0.26*E_{2} - 120,000$

$E_{1} = 85,000*720 = 6,120,000$

$E_{2} = 70,000*720 = 5,040,000$

$EMV = 0.74*E_{1} + 0.26*E_{2} - 120,000 = 0.74*6,120,000 + 0.26*5,040,000 - 120,000 = 5,719,200$

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3 years ago

To reduce potential liability, in which area should real estate professionals not provide expert information?

Mama L [17]

Real estate experts should not provide advice

on tax implications. this is because to offer such an advice the expert need training and knowlidge on state and federal tax laws. Tax laws are complex and varies from state to state which requires a considerable high level training. ina ddition, the laws keep on changing as new budgets are read,and the expert may not be conversant with any change.

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3 years ago

Moyas Corporation sells a single product for $10 per unit. Last year, the company's sales revenue was $200,000 and its net opera

Anna11 [10]

Answer:

Break-even point in units= 18,000 units

Explanation:

Giving the following information:

Selling price= $10

Fixed costs= $72,000

Sales= 200,000

Net income= 8,000

<u>First, we need to calculate the unitary contribution margin.</u>

Sales in units= 200,000/10= 20,000 units

Total contribution margin= net income + fixed costs

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Unitary contribution margin= 80,000/20,000= $4

<u>Now, using the following formula, the break-even point in units.</u>

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 72,000/4

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