Answer:
b. Job order production.
Explanation:
Job order production is the process of manufacturing non-standard or unique products for specific customers. Sometimes making a job order production is also called making a work order or making it an individual order, because each order or work is an order placed by the customer. In most cases, custom jobs are created only once. Many manufacturers specialize in mass production of custom products. Buyers come to the manufacturer with a special design or product, and the manufacturer develops and creates an individual product.
A customer-oriented production puts customer satisfaction at the center of each of its business decisions. Customer focus is defined as an approach to sales and customer relations, in which employees focus on helping customers meet their long-term needs and desires. Here, management and employees coordinate their individual and team goals in order to satisfy and retain customers. This contrasts, in particular, with a focus on sales, which is a strategic approach when the needs and desires of a company or seller are evaluated in relation to the client.
Just in Time production is an inventory strategy developed to increase production and productivity. All production processes (in-progress cost) and the type of production taking into consideration the time criteria in order to minimize the associated sub-costs are derived from the Japanese Kanban system. During production, it determines the order of work by considering the production of the next process. This strategy, which states that the order level is reached in the storage process and that the order must be met after this point, provides the most efficient storage volume and production continuity. In short, just in time, the demand is to produce as soon as possible with excellent quality and transport it to the right place at any time.
Job lot production is a production futures contract whose trading volume is below the level required by normal operations. These contracts or lots are available to add liquidity to futures exchanges by allowing smaller "participants" to enter the market.
Process production is a system from production in which a product goes through several processes or stages from production, which will be operated on a more continuous basis; for example, in oil refineries and petrochemical plants, where these processes include liquid or semi-solid materials. In the production of the main product, they say, gasoline, from such in the production process, by-products such as tar or creosote can inevitably arise.
Answer:
The correct answer is the option C: the product is now relatively more expensive than it was before.
Explanation:
To begin with, the <em>substitution effect</em> is the term that, in economics, refers to the situation where a products or services increase or decrease its value in comparison with other and therefore it causes a substitution from the consumer regarding that change in the price.
Secondly, in the case where a product increases its price the substitution effect will cause that the consumer decides to purchase other products due to the fact that the first product is now relatively more expensive than it was before and therefore a substitution of the good takes place.
The value of a share of KTI's stock today is closest to 9.5% , 0.004375
.
Explanation:
Investment Investment (ROI) is an investment performance metric used to evaluate or compare the success of a variety of investment operations.
In addition to the spending price, ROI aims to explicitly calculate the make value of a single project.
g = retention rate
ROI = 0.75*13% = 9.5%,
Price = 1.75/(0.10-0.0975) = 0.004375
Answer: Planning, Programming, Budgeting and Execution system (PPBE).
Explanation:
The decision support system that is a "calendar-driven process and offers the basis for informed affordability assessment is the Planning, Programming, Budgeting and Execution system (PPBE).
The Planning, Programming, Budgeting, and Execution (PPBE) is simply used in the allocation of resources.
Answer:
D. constructive intervention
Explanation:
constructive intervention is the act where the member or members of a team speaks up to question or correct the action of their leader if they feel the action is not appropriate.
this option is the best match for the question.