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abruzzese [7]
2 years ago
8

The type of production that does not concern itself with customer preferences, but instead focuses on making a large number of a

few products is called
Business
1 answer:
lord [1]2 years ago
3 0

A type of production that focuses on making a large number of a few products rather than customer preferences is called mass production.

<h3>What is mass production?</h3>

Mass production is also referred to as continuous production or flow production and it can be defined as a type of production that focuses on manufacturing large quantities of a standardized product and it doesn't concern itself with customer preferences.

This ultimately implies that, mass production is mainly focused on making a large number of a few products rather than being focused on customer preferences. Also, the production is usually in a constant flow and automated by a mechanical process.

Read more on mass production here: brainly.com/question/744854

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Cranium, Inc., purchases term papers from an overseas supplier under a continuous review system. The average demand for a popula
kykrilka [37]

Answer:

B) greater than $30 but less than $40

  • the actual result is $39

Explanation:

the options are missing:

A) less than or equal to $30

B) greater than $30 but less than $40

C) greater than $40 but less than $50

D) greater than $50

we must first calculate safety stock = (Z-score x √lead time x standard deviation of demand) + (Z-score x standard deviation of lead time x average demand)

  • Z-score for 98% confidence level = 2.326
  • standard deviation of demand = 30
  • √lead time = √5 = 2.23607
  • we are not given any standard deviation of lead time, so we can assume that it is 0

safety stock = (2.326 x √2.23607 x 30) + (2.326 x 0 x 300) = 156.03 ≈ 156 units

the annual holding cost of 156 units = 156 x $0.25 = $39

4 0
3 years ago
Beck Corp. issued 200,000 shares of common stock when it began operations in year 1 and issued an additional 100,000 shares in y
Airida [17]

Answer:

225,000 shares

Explanation:

A company's shares outstanding refers to the total number of shares investors currently own.

Beck Corp. issued 200,000 shares of common stock when it began operations in year 1 and issued an additional 100,000 shares in year 2.

In year 3, Beck purchased 75,000 shares of its common stock and held it in Treasury.

At December 31, year 3, the number of shares of Beck's common stock were outstanding is

200,000 shares in year 1

100,000 shares in year 2

Total Common Stock = 300,000

less: Treasury Stock of    75,000

Outstanding Stock = 225,000 shares

5 0
3 years ago
Assuming the Coase theorem applies, an efficient allocation of a resource will result ... A. only if the government acts to inte
Mamont248 [21]

Answer:

B. through negotiations between the parties involved.

Explanation:

  • correct answer is through negotiations between the parties involved because According to Coase theory, priority rights are best defined by negotiation between the parties involved and there is no transaction cost in negotiations.                            
  • The Coase theory states that when transaction costs are low, both parties can negotiate and reach an effective outcome in the presence of an outsider.

6 0
3 years ago
Blue Corporation had the following 2017 income statement. Revenues $102,000 Expenses 65,000 $37,000 In 2017, Blue had the follow
nalin [4]

Answer:

Cash provided by operating activities =$28,700.

Explanation:

Look at attachment for step by step guide.

8 0
3 years ago
Money provided by a third party to help students meet the costs of attending college. It can be provided by various agencies inc
artcher [175]

Answer:

Financial aid.

Explanation:

For American citizens, the dream is of going into higher education. but the tuition cost is very expensive as not everyone can offered such expensive fees for enrolling into a course. The different course has different fees. For supporting the people in their financials, many organizations like public, state, financial institutions help them.

So here in the given scenario, the financial aid is the best option fitted.

7 0
3 years ago
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