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Naya [18.7K]
1 year ago
7

Using the Chipotle example we have discussed in class imagine that all employees are paid $15/hour, the grill costs $300, and ea

ch cash register costs $200. All other utensils and items come at zero cost. Applying the principles of business process improvement that we have discussed in class, what is the lowest cost Chipotle can achieve with the highest flow rate
Business
1 answer:
Lelechka [254]1 year ago
5 0

Answer:

The correct answer will be "$620".

Explanation:

It is important to note that certain principles are involved in the process of streamlining business processes, including:

  • Interpersonal skills of the organizational leaders.
  • Client focus entirely, defined objectives, accuracy, and so on., are encouraged.

The lowest cost will be:

= (15\times 8)+300+200

= 120+300+200

= 620 ($)

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Rick, a marketing manager for Fix-It Tools, is discouraged with the way his organization markets its products. Currently, Fix-It
Alina [70]

The correct answer would be option D, Mass Marketing.

Rick protests to management that the company is not listening to its customers and is in danger of losing many of them to firms that create a personal dialogue with their buyers. Fix it is currently practicing Mass Marketing.

Explanation:

Rick who is the marketing manager of the Fix it Tools is currently utilizing a strategy which is aimed towards the largest possible number of people. This marketing strategy to attract a large number of people through different advertising techniques is called as Mass Marketing.

Mass Marketing helps in attracting and capturing the largest number of people. It is usually done through Televisions. Online advertisement also contribute in mass marketing due to the increased use of social media now a days.

Learn more about Mass Marketing at:

brainly.com/question/13605925

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8 0
2 years ago
Under normal conditions (70% probability), Plan A will produce $20,000 higher return than Plan B. Under tight money conditions (
Lorico [155]

Answer:

A. ($16,000)

Explanation:

The computation of the expected value of return equal to

=  (Higher return × probability rate) - (Less return -  probability rate)

= ($20,000 × 70%) - ($100,000 × 30%)

= $14,000 - $30,000

= - $16,000

For computing the correct value we have to deduct the tighter money conditions from the normal conditions.

3 0
2 years ago
A company developed the following per-unit standards for its product: 2 gallons of direct materials at $8 per gallon. Last month
alekssr [168]

Answer:

Direct material price variance= $1,200 favorable

Explanation:

Giving the following information:

Standard price= $8 per gallon

Last month, 3,000 gallons of direct materials were purchased for $22,800.

To calculate the direct material price variance, we need to use the following formula:

Direct material price variance= (standard price - actual price)*actual quantity

Actual price= 22,800/3,000= $7.6 per gallon

Direct material price variance= (8 - 7.6)*3,000= $1,200 favorable

5 0
2 years ago
Jennifer has been working with sniffing and session-hijacking tools on her company network. Since she wants to stay white hat—th
Alex17521 [72]

Answer:

The correct answer is A) Passive.

Explanation:

The term white hat on the Internet refers to an ethical hacker, or an IT security expert, who specializes in penetration tests and other methodologies to detect vulnerabilities and improve the security of an organization's communication and information systems. It also refers to hackers who are not aggressive or do not carry out illegal activities. An ethical hacker is a term invented by IBM. It is used to differentiate hackers who act without malice from those that do, which are better known as crackers or black hat hackers.White hat hackers also usually work in groups known as sneakers or snoopers, red equipment, or tiger team.

4 0
2 years ago
Terry industries engages rose & co., cpas, to prepare its annual financial statements and tax returns. before either of thes
Verizon [17]

Rose & Co can withhold their <u>working papers</u> and <u>partially completed work.</u>

"Working papers" are preliminary documents that show the information gathered and the information behind the reports that are generated.

6 0
2 years ago
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