Answer the following questions in one or two words each [12 marks] a. Which project method would you use for non-repetitive projects where activity times are not known with certainty? Which projecte questio b. If the ordering cost of a product is reduced to one-fourth, what will be the impact on the EOQ? c. If the severity, occurrence and detectability scores of a particular failure mode are 3, 7 and 4 respectively, what is the RPN of this failure mode? d. Creating a project charter is part of which stage in the six sigma project? e. For JIT to be practically implementable, what should be the nature of demand? f. If the standard deviation of the project duration is 4 weeks, and mean time to complete the project is expected to be 40 weeks, what is the probability that the project would be completed in 32 weeks? g. If the confidence level required to fulfil the demand increases from 90% to 95%, what would be the % increase in the safety stock? h. Which scheduling rule is expected to give lower work in process? 1. Which scheduling rule is expected to give lowest average lateness of jobs? j. Which are the two most prominent departments involved in S&OP meetings in an organization? k. Mention any two inputs for generation of MRP 1. Among the 8 wastes of lean, which is the 8th waste that has been recently added to the origial 7 wastes?

Answers

Answer 1

a. Agile method is used for non-repetitive projects where activity times are not known with certainty.

b. If the ordering cost of a product is reduced to one-fourth, the EOQ would decrease.

c. The RPN (Risk Priority Number) of a failure mode having the severity, occurrence and detectability scores of 3, 7 and 4, respectively would be 84.

d. Creating a project charter is part of the Define stage in the six sigma project.

e. The nature of demand for JIT to be practically implementable should be stable, predictable, and smooth.

f. The probability that the project would be completed in 32 weeks if the standard deviation of the project duration is 4 weeks, and the mean time to complete the project is expected to be 40 weeks would be 0.0228.

g. The % increase in the safety stock, if the confidence level required to fulfill the demand increases from 90% to 95%, would be 58%.

h. First Come First Served (FCFS) is the scheduling rule that is expected to give lower work in process.

i. The scheduling rule that is expected to give the lowest average lateness of jobs is the Shortest Processing Time (SPT).

j. The two most prominent departments involved in Sales and Operations Planning (S&OP) meetings in an organization are Sales and Production.

k. The two inputs for the generation of Material Requirements Planning (MRP) are the Bill of Materials (BOM) and Inventory Records.

The 8th waste that has been recently added to the original 7 wastes is Waste of Human Potential.

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Related Questions

Woody Elliott, owner of a lumber yard, donated various wood products, at his own expense, to a qualified charity that provides shelters for abused children. At the charity's request, Woody supervised the construction of the shelter and also provided some of his equipment for the project. Woody can take a charitable deduction for the value of: Question 8 options: a) The wood products, Woody's time spent on the project, and the use of Woody's equipment. b) The wood products as well as the use of Woody's equipment. c) The wood products as well as Woody's time spent on the project. d) The wood products only.

Answers

Woody Elliott, as the owner of a lumber yard, can take a charitable deduction for the value of the wood products, his time spent on the project, and the use of his equipment.

In this scenario, Woody Elliott donated wood products to a qualified charity and also provided his time and equipment for the construction of shelters for abused children. According to the tax laws in the United States, individuals can take a charitable deduction for the value of donations made to qualified charities.

Firstly, Woody can take a charitable deduction for the value of the wood products he donated. The value of the donated wood products can be determined based on their fair market value at the time of the donation.

Secondly, Woody can also take a charitable deduction for the value of his time spent on the project. The IRS allows individuals to deduct the value of their unreimbursed expenses directly related to volunteering for a qualified charity. Although Woody's time may not have a specific monetary value, he can still estimate its worth based on what he would typically charge for his services.

Lastly, Woody can take a charitable deduction for the use of his equipment. If he provided his own equipment for the project, he can calculate and deduct the fair market value or the cost of renting such equipment.

Therefore, the correct answer is option (a): Woody can take a charitable deduction for the value of the wood products, his time spent on the project, and the use of his equipment.

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3. When you find an error on a credit report, what are 2 things to do?

Answers

Answer:

If you've spotted an error on one of your credit reports, you should take immediate steps to correct the inaccuracy.

-Send a letter to the credit bureau.

-Determine if you should contact the data furnisher as well.

Explanation:

okay?

As the popularity of fuel efficient automobiles (FEA) increase: O Demand curve for FEA will increase and shift to the right. o Demand curve for FEA will not change O Demand curve for FEA will increase and shift to the left. O Price and quantity for FEA will not change O Demand curve for FEA will decrease and shift to the left.

Answers

As the popularity of fuel efficient automobiles (FEA) increase, the demand curve for FEA will increase and shift to the right.

What is a fuel efficient automobile (FEA)?

A fuel-efficient car is an automobile that uses less fuel to operate, either due to its design or a hybrid-electric powertrain. Automobiles that are more fuel-efficient can be driven more miles per gallon (mpg), resulting in less greenhouse gas emissions and lower fuel costs for drivers.

Fuel efficiency is a critical component of lowering transportation greenhouse gas emissions and oil consumption, which has long-term environmental and economic benefits. Thus, the popularity of fuel-efficient cars is growing day by day, and many automakers are producing them.

The demand for fuel-efficient automobiles is a function of the consumer's taste and preference, income, and price level of fuel-efficient automobiles. A change in consumer preference or income, or a shift in the price level of fuel-efficient automobiles, can cause the demand curve for FEA to shift to the right, increase, or shift to the left, decrease.

Therefore, as the popularity of fuel-efficient cars increases, the demand curve for FEA will shift to the right and increase.

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The industries which provide support services to other industries are known as
(a) Primary industries
(b) Secondary industries
(c) Commercial industries
(d) Tertiary industries​

Answers

Answer:

It's known as Tertiary industries

sally is an experienced project manager and has been overseeing the training program across her matrixed organization. she is weighing the training costs and the benefits. which is the best result-based metric to use in this scenario? answers a. employee turnover rate b. supervisor reports c. employee feedback d. test scores after training

Answers

D) test scores after training this will be the best result-based metric for sally  to use in her organization.

Test scores after training can be a useful result-based metric to evaluate the effectiveness of the training program, as they provide direct and objective evidence of the learning that has taken place. By measuring the test scores of employees before and after the training, Sally can determine the extent to which the training has improved their knowledge and skills. This information can be used to evaluate the quality of the training program and to identify areas for improvement. High test scores after training can be a good indicator that the training program has been effective in helping employees acquire the knowledge and skills they need to perform their jobs more effectively.

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What is the total cost to conduct a market research survey will $500 base fee plus $3 per question and 1.25per person surveyed? The survey has 13 questions and will be sent to 300 people.

Answers

answer: The survey has 12 .

Explanation:

What is the last step in the home buying process quizlet?

Answers

The loan and home closing is the last step in the home buying process.

Close the sale :

At closing, you will sign all of the paperwork required to complete the purchase, including your loan documents. It typically takes a couple of days for your loan to be funded after the paperwork is returned to the lender. Once the check is delivered to the seller, you are ready to move into your new home.

Some of the steps involved in buying new home :

Step 1: Start Your Research Early

As soon as you can, start reading Web sites, newspapers, and magazines that have real estate listings. Make a note of particular homes you are interested in and see how long they stay on the market. Also, note any changes in asking prices. This will give you a sense of the housing trends in specific areas.

Step 2: Determine How Much House You Can Afford

Lenders generally recommend that people look for homes that cost no more than three to five times their annual household income if the home buyers plan to make a 20% down payment and have a moderate amount of other debt.

Step 3: Get Prequalified and Preapproved for credit for Your Mortgage

Before you start looking for a home, you will need to know how much you can actually spend. The best way to do that is to get prequalified for a mortgage.

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Which of the following is not an example of professional behavior
?

Answers

What are the answers?

what are practical examples of business opportunities​

Answers

Answer:Online gamingE learningConsultingFreelance business

250,000 processing time (budgeted hours) 425 processing time (total hours) 400 value-added processing time 300 refer to cooper company. what is the throughput per hour in the tray produc

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If the division's asset turnover was 5, its profit margin must have been given by PM = 4%.

Profit margin is a popular indicator of how profitable a firm or certain commercial activity is. It is the share of a company's sales revenue that remains as profit after all expenditures are deducted. It is expressed as a percentage. For instance, if a business states that it had a 35% profit margin during the most recent quarter, it indicates that it made $0.35 from every dollar of sales.

Everywhere in the world, businesses and individuals engage in economic activity with the intention of turning a profit. Although important, statistics like $X million in gross sales or $Y million in earnings don't speak to a company's profitability and overall success. It is simpler to evaluate a company' success throughout various time periods or evaluate it in comparison to other businesses since the benefits a firm creates are calculated using a variety of distinct quantitative measurements. Profit margins are the name given to these metrics.

Large businesses, like publicly listed firms, are compelled to report profit margins in accordance with the conventional reporting periods, although privately held enterprises, like small stores, may compute profit margins at their own chosen frequency (like weekly or monthly).

ROI = Profit Margin Asset Turnover

0.20 = PM x 5

PM = ROI/Asset Turnover

PM = 0.04 or 4%

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Complete question:

A division of Shamrock Corporation reported a return on investment of 20% for a recent period. If the division's asset turnover was 5, its profit margin must have been

Have you ever considered designing a program to help people? Here is your chance. Follow the instructions below to design some of the important elements of your own human services program.

Create a mission statement specific to what you are setting out to accomplish.

Consider the following questions and make notes:

What is the need?
Why do people need your organization?
Who will your organization help?
What is your service population?
Where will these services be made available?
How will you inform people of your services?
List Objectives/Tasks

Immediate

Objective 1: How will you complete this task? (Include logic and reasoning behind the objective: how long do you expect it will take your organization to succeed at accomplishing your objective?)
Long Term

Objective 2: How will you complete this task? (Include logic and reasoning behind the objective: how long do you expect it will take your organization to succeed at accomplishing your objective?)
Staff

How many direct service positions are available? What positions are they?
How many program-planning and design positions are available? What positions are they?
How many administrative positions are available? What positions are they?
What is the total number of staff members needed?
Budget

Define the needs of your organization, such as supplies, equipment needed, property, etc. What role will fundraising play in budget planning?

Evaluation

Design a method for monitoring your progress. Explain the details of how you intend to use this tool to ensure that you are on track for accomplishing your goals for your organization.

Name

Finally, after considering the nature of your organization, develop a name for it.

Make a presentation of your organization's mission statement, goals, target population, principles, etc. This can be in the form of a four-hundred-word essay, a three-page outline, or a graphic representation such as a chart.

Answers

To create a human services program, you must first develop a business plan that aligns with your needs and then create the mission statement.

How to create a business plan?

It corresponds to a document used to identify all the needs of a new business, such as its risks, resources, legal requirements, mission, personnel needs, etc. successful.

The mission statement is developed to be the statement of the identity of a business in the market, that is, it is a summarized document that demonstrates the reason for the existence of the business, who are its stakeholders and what are the company's values.

Therefore, questions like "What is the need?" and "Why do people need your organization?" will serve as a guide that will direct the creation of the business plan and mission statement in a way that is more aligned with your objectives.

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Suppose that the nation of kerblopistan has a money supply of $1,000, a velocity of 2, and a real gdp of $40. What is the price level?.

Answers

A price index is a figure whose movement corresponds to changes in the median price level.

Here,  The price level = 50.

What means price level?The price level is determined by averaging the current prices for all the goods and services produced in an economy. Price level, in a broader sense, refers to the cost or price of a good, service, or security in the market.A price index is used by economists to gauge the price environment. A price index is a figure whose movement corresponds to changes in the median price level.The cost of goods and services, as well as the purchasing power of money, are significantly influenced by price levels..

money supply × velocity of money = price level × Real GDP

price level  =    \(\frac{money supply × velocity of money}{real GDP.}\)

    = 1000 x 2 /40 =50.

the price level =- 50.

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A company wants to determine what price consumers will pay for a new sandwich. At one store, the company charges $3. 59. At another comparable store, the company charges $4. 59. Sales are tracked at both locations for a one-month period. The data collected in this example is __________ data

Answers

Sales are tracked in both locations over a period of one month. The data collected in this example is quantitative data.

What is quantitative data?

It corresponds to information that can be measured numerically, that is, it is numerical and statistical data, generating non-subjective and reliable conclusions.

Therefore, quantitative data provide a structured and reliable basis for a research project, through information measured by graphs, indexes and calculations.

In this case, since the company wants to determine what price consumers will pay for a new sandwich. and compares the prices at the locations, the data collected in this example is qualitative data.

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If someone asks you a question in the workplace, but you don't know what to answer, what is something you should not say

Answers

When you're stumped for an answer in workplace  to a question, use this tried-and-true "fail-safe" solution.

What to say in an interview when you're unable to respond to a question?

Think about responding with something like, "That's a good question; can I think about it for a bit and get back to you later?" or "Great query! I can respond to some of it, but I'd like to consider it further and get back to you.

What should you say when you don't have the answer to a question?

Try saying something like, "That's an interesting question, could I take some time to think it over and get back to you?" or "I can give you a partial answer to that enormous question.

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Question:-

How do you respond when you don't know the answer at work?

During civil lawsuit proceedings regarding alcohol service, courts will try to determine if the
designated driver was present and remained sober. guest's BAC was checked throughout the evening. server recently attended proper alcohol training, server contributed to the injury.

Answers

Courts will attempt to ascertain if the designated driver was there and stayed sober throughout civil lawsuit proceedings over alcohol service.

A lawsuit is a legal action brought by one or more plaintiffs or claimants against one or more defendants. Only a limited number of laws from long ago that are still in force include the phrase "suit in law." The term "lawsuit" refers to a civil action that is launched by a plaintiff—a party who alleges that they have suffered loss as a result of the defendant's actions—and in which the plaintiff asks the court for either a legal remedy or an equitable remedy.

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1) Robolane Incorporated manufactures and distributes small robotic toys. Because most of its orders are via telephone or fax, numerous orders have to be reworked. The average cost of the reworked orders is $12.45: $5 for labor, $5.15 for more materials, and $2.30 for overhead. This ratio of costs holds for the average original order. On a recent day, the shop reworked 80 orders out of 800. The original cost of the 80 orders totaled $2,000. The average cost of all orders is $26.245, including rework, with an average selling price of $35. Required: Prepare the necessary journal entry to record the rework for the day if the shop charges such activities to Robo Department Overhead Control. Prepare journal entries to record all relevant rework charges as well as to transfer the reworked items finished goods to Finished Goods Inventory.

Answers

Answer:

Following are the Journal entries to the given question:

Explanation:

Accounts                                                              Dr                                        Cr

Robo Department Overhead Control              996

Materials Control \((80 \times 5.15) \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 412\)

Wages Payable  \((80\times 5)\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 400\)

Shop overhead control\((80\times 2.30) \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 184\)

Finished Goods                                                  \(2000\)

Work in process control                                                                             \(2000\)

What does the term withholding mean in reference to your paycheck?.

Answers

Answer:

Withholding is a portion of an employees paycheck that is withheld and redirected to state and federal government.  Withholding reduces the amount of tax employees must pay when they submit their annual tax returns.

Explanation:

John from sales has just sent you an e-mail. He needs a decision made on the Johnson account as soon as possible. You can make the decision, but you feel like you’d like to ask your boss for her advice. Unfortunately, she is in a business meeting, and the decision needs to be made very soon. You decide to take the initiative and ______.
a.
Interrupt your boss to make the decision
b.
Ask a coworker to make the decision
c.
Wait to make the decision
d.
Make the decision

Answers

Answer:

D. Make the decision

Explanation:

The decision needs to be made as soon as possible. Answers B and C both require extra time, which is not an option here. That leaves A and D as possibilities. Answer A makes the least sense of the 4 options (as it would be extremely unprofessional to interrupt a meeting), leaving D as the only reasonable choice.

After working for twelve years as a janitor in a car repair shop, you are beginning to wish you had another job or even another career. Describe how you would transition to another career of your choice. Be sure to include a reference to how you would construct a résumé for the position you want and how your experiences as a janitor would make you a good fit for the position you wish to obtain.

Answers

Answer:

If you were to transition to another career you should get a two weeks notice to inform your current employer. Then you would start looking for another job that requires skills that you already have. Then you can ask your former employer for a letter of recommendation.

Explanation:

Answer:

If you were to transition to another career you should get a two weeks notice to inform your current employer. Then you would start looking for another job that requires skills that you already have. Then you can ask your former employer for a letter of recommendation.

Explanation:

i got 100

Which of the following managers has achieved the objectives of the essential managerial task of organizing?
A) Tim, who has chosen appropriate organizational goals
B) Veronica, who has set task and authority relationships that allow people to work together
C) Elena, who has determined courses of action to achieve organizational goals
D) Yuuki, who has established systems to evaluate goal achievement

Answers

The answer is B

Veronica, who has set task and authority relationships that allow people to work together.

Organizing involves setting up the structure of the organization, establishing roles and responsibilities, and creating relationships between individuals and groups within the organization.

This includes defining task assignments, establishing reporting relationships, and delegating authority. By setting task and authority relationships that allow people to work together effectively, Veronica has fulfilled an important aspect of organizing.

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a.
Those who compulsively work are considered sick because compared to most people, they tend to
Understand their wants and desires better
b. Hold better paying jobs in technological fields
C. Pay more attention to their loved ones' needs
d. Allow work to interfere with personal activities

Answers

Answer:

D

Explanation:

Took the test on ed

Answer:

Option D on edge 2021

Suppose that you invest $5873 in an account that earns interest at an APR of 4. 4%, compounded monthly. Determine the accumulated balance after 7 years.

Answers

Based on the information given the accumulated balance after 7 years is $7,986.90.

P = Principal=$5873

r =Interest rate= 4.4% or 0.044

n =number of month= 12

t =time= 7 years

Accumulated balance after 7 years= 5873(1 +0.044/12 )^12×7

Accumulated balance after 7 years= 5873(1 + 0.003667)^84

Accumulated balance after 7 years= 5873(1 .003667)^84

Accumulated balance after 7 years = $7,986.90

Inconclusion  the accumulated balance after 7 years is $7,986.90.

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a bond has a par value of $1,000, a current yield of 6.48 percent, and semiannual coupon payments. the bond is quoted at 95.71. what is the amount of each coupon payment?

Answers

If a bond has a par value of $1,000, a current yield of 6.48 percent, and semiannual coupon payments. the bond is quoted at 95.71. The amount of each coupon payment is $0.0497 (rounded to the nearest cent).

The amount of each coupon payment of the bond can be calculated using the formula given below:

Amount of each coupon payment = (Coupon rate / 2) x Par value

Where the Coupon rate is the annual coupon rate. Par value is the face value of the bond. Let us first calculate the annual coupon rate. Since the bond has a semi-annual coupon payment, we need to divide the current yield by 2.

Current yield = (Coupon payment / Market price) x 100%

0.0648 = (Coupon payment / 0.9571) x 100%

0.0648 x 0.9571 = Coupon payment

6.206808 = Coupon payment

Annual coupon payment = 2 x Coupon payment = 2 x $6.206808 = $12.413616

Par value = $1,000

Therefore, Amount of each coupon payment = (Coupon rate / 2) x Par value= ($12.413616 / $1,000) x 2= $0.024827232 x 2= $0.049654464

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who does the term public refer to when used in accountancy

Answers

Can be random answer or every body answer or an other opinion

you hurt your back at work by falling of a ladder and are out of work for a month

Answers

Answer:

Uh, of course I'm not at work! I brutally broke my back. Ouch.

Under the __________, federal agencies must safeguard the personal information of their employees.

Answers

Under the Privacy Act of 1974, federal agencies must safeguard the personal information of their employees.

The Privacy Act is a U.S. federal law that establishes rules regarding the collection, use, and disclosure of personal information by federal agencies. It ensures that individuals have some control over the information that federal agencies collect about them and that this information is protected from unauthorized access, use, and disclosure. The Privacy Act applies to federal agencies and covers personal information held in systems of records. It requires federal agencies to maintain appropriate safeguards to protect personal information from unauthorized access, disclosure, or use.

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describe the interrelationship of the primary business activities.

Answers

The primary business activities are interrelated because they all work together to create a successful business.

For a firm to succeed, all of its essential components—sales, marketing, finances, and operations—must function harmoniously.

Sales is in charge of generating income, marketing aids in raising awareness of the company and its goods, finance manages finances, and operations make sure that goods and services are delivered on time and to the proper customers.

To help the firm reach its objectives, all of these activities must be coordinated and harmoniously operated.

Revenue generation, which is important for the firm to operate and expand, depends on sales activities.

Marketing efforts are required to raise consumer knowledge of a company's offerings, which may result in higher sales.

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A general rule in investing is to buy high, sell high

1) true
2) false

Answers

Answer:

Im pretty sure the answer is false

Explanation:

this is because when investing you want to get as much money as possible so you would buy it super cheap and sell it high

JohnBoy Industries has a cash balance of $54,000, accounts payable of $134,000, inventory of $184,000, accounts receivable of $219,000, notes payable of $129,000, and accrued wages and taxes of $41,500. How much net working capital does the firm need to fund?

Answers

Answer:Net working capital = $152,500

Explanation:

Net working capital = CA– CL

Where CA= Current Assets = Cash + Inventory + Accounts Receivable

and CL= Current Liabilities= Account payable + Notes payable + accrued wages and taxes

CA=$54, 000 + $184,000 + $ 219,000 =$457,000

Current liabilities = Account payable + Notes payable + accrued wages and taxes

CL = $134,000 + $129,000 + $41,500 = $304,500

Net working capital = Current assets – Current liabilities

Net working capital = $457,000 – $304,500=  $152,500

Net working capital = $152,500

What does George’s master decide to do? Make George do field work March George across the country Help George become a gentleman.

Answers

Based on the events in the book, we know that George's master made George do field work.

This is from the book, Uncle Tom's Cabin.

What happens in Uncle Tom's Cabin?

George's master did not believe that George should be engaging in doing much else apart from working for him as he was his enslaved person.

He would therefore follow George to whatever activity he would be doing that wasn't field work to drag him back to the house to engage in field work.

In conclusion, option A is correct.

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Answer:

A

Explanation:

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