Automated process management is a modern name for what concept?
a. Supply chain management
b. Project management
c. Business process management
d. Production management
c. Business process management
You might also like to view...
All of the following are asset accounts except:
A. Supplies expense. B. Buildings. C. Equipment. D. Prepaid insurance. E. Accounts Receivable.
In terms of a radical innovation, firms sometimes develop a product for which consumers weren't even aware they had a need. Which of the following is another characteristic of radical innovation?
a. low cost production b. consumer involvement c. customers clearly defined d. "supply-side" market e. wide customer base; speedy adoption
If a law firm wishes to start handling a case wherein employees wish to pursue claims against employers for discrimination in the workplace, those attorneys and paralegals will need to become very familiar with the rules and regulations of the:
A) NLRB. B) FTC. C) CFPB. D) EEOC.
Mcinture Enterprises makes a variety of products that it sells to other businesses. The company's activity-based costing system has four activity cost pools for assigning costs to products and customers. Details concerning that ABC system are listed below:?Activity Cost PoolActivity MeasureActivity Rate?Supporting assemblyDirect labor-hours (DLHs)$4.20per DLH?Processing batchesNumber of batches$123.35per batch?Processing ordersNumber of orders$71.00per order?Serving customersNumber of customers$2,334.00 per customerThe cost of serving customers, $2,334.00 per customer, is the cost of serving a customer for one year. Schwerin Corporation buys only one of the company's products which Mcinture Enterprises sells for $28.40 per unit. Last year Schwerin Corporation ordered a total
of 1,100 units of this product in 2 orders. To fill the orders, 6 batches were required. The direct materials cost is $8.40 per unit and the direct labor cost is $1.80 per unit. Each unit requires 0.10 DLHs.Required:What is the customer margin on sales to Schwerin Corporation for the year? What will be an ideal response?