BUSINESS COLLEGE

A good description of source inspection is inspecting: materials upon delivery by the supplier.
the goods at the production facility before they reach the customer.
the design specifications. goods at the supplier's plant.
one's own work.

Answers

Answer 1

Answer:

Answer:

the goods at the production facility before they reach the customer.

Explanation:

A source inspection is the quality inspection in which the buyers need the quality check before the material is received and come sunder the total quality management.

Related Questions

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When a famous painting becomes available for sale, it is often known which museum or collector will be the likely winner. Yet, the auctioneer actively woos representatives of other museums that have no chance of winning to attend anyway. Suppose a piece of art has recently become available for sale and will be auctioned off to the highest bidder, with the winner paying an amount equal to the second highest bid. Assume that most collectors know that Janet places a value of $125,000 on the art piece and that she values this art piece more than any other collector. Suppose that if no one else shows up, Janet simply bids $125,000/2 = $5,000 and wins the piece of art.

The expected price paid by Kenji, with no other bidders present, is $:_________
Suppose the owner Of the artwork manages to recruit another bidder, Manuel, to the auction. Manuel is known to value the art piece at $8,000.
The expected price paid by Kenji, given the presence of the second bidder Manuel, is $:_________

Answers

Please find attached

Answer and Explanation:

1. If there are no other bidders present as from question them we can conclude that Kenji would buy the art piece for $5000. See question

2. If there is a bidder present in the name of Manuel who would bid for $8000 then Kenji would bid at $8000 and win the bid for the art piece. See question. Kenji would bid at price of 2nd highest bidder to win the bid for art piece

If you were looking for an advertising medium that worked for segmented audiences, had prestige, had a long shelf life, and money was of no object, which of the following would you select?a. interactive adsb. magazinesc. direct maild. televisione. radio

Answers

Answer:

The correct answer is the option B: magazines.

Explanation:

To begin with, in the case where the manager is looking for an advertising that has the characteristics of being medium and that worked for segmented audiences, with prestige and long shelf life then the correct option will be to choose a magazine that properly accomplish with the particularities of the case. The magazine will be targeted to one audience to the fact that it can not include all the topics that are in trend nowadays. Moreover, the magazine will also be of prestige in the case where it has several years in the industry and its name means something in the market. Therefore that a magazine will accomplish with all the characteristics that the advertiser is looking for.

Stonehall Inc. recently borrowed $685,000 from its bank at a simple interest rate of 10 percent. The loan is for eight months and, according to the loan agreement, the interest should be added to the amount borrowed and the total amount will be repaid in monthly installments. The loan's annual percentage rate (APR) is:________a. 20.00%
b.18.25%
c. 15.05%
d. 13.33%

Answers

Answer:

a. 20.00%

Explanation:

Monthly loan payment

= (685000*10%*8/12 + 685000)/8

= $91,333.33

PV = -685000

Nper = 8

Using RATE function

= RATE(8,91333.33,-685000,0)*12

= 20%

Therefore, The loan's annual percentage rate (APR) is 20%.

Susmel Inc. is considering a project that has the following cash flow data. What is the project's payback? Year 0 1 2 3 Cash flows -$500 $150 $200 $300 2.03 years 2.25 years 2.50 years 2.75 years 3.03 years

Answers

Answer:

Payback period = 2.5 years

Explanation:

given data

Year 0 1 2 3

cash -$500 $150 $200 $300

to find out

What is the project's payback

solution

Year Cash flows Cumulative Cash flows

0 500 500

1 150 350

2 200 150

3 300 150

Payback period = Last period with a negative cumulative cash flow +(Absolute value of cumulative cash flows at that period ÷ Cash flow after that period) .........................1

put here value we get

Payback period = $2+ (150)/(300)$

Payback period = 2.5 years

Final answer:

The payback period for the project is approximately 2.75 years.

Explanation:

The payback period is a financial metric used to assess the time it takes for an investment or project to generate enough cash flows to recover the initial investment cost. It's a simple tool for evaluating the risk and return of an investment, with shorter payback periods generally indicating lower risk. The payback period is the amount of time it takes to recover the initial investment in a project.

To calculate the payback period, we sum the cash flows until we reach or surpass the initial investment.

In this case, the initial investment is $500, and the cash flows are: $150, $200, and $300 in years 1, 2, and 3 respectively.

By adding the cash flows together, we find that the project's payback is 2 years and 25% of year 3, which is approximately 2.75 years.

Learn more about payback period here:

brainly.com/question/34913988

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Milden Company has an exclusive franchise to purchase a product from the manufacturer and distribute it on the retail level. As an aid in planning, the company has decided to start using a contribution format income statement. To have data to prepare such a statement, the company has analyzed its expenses and has developed the following cost formulas: Cost Cost Formula Cost of good sold $27 per unit sold Advertising expense $184,000 per quarter Sales commissions 7% of sales Shipping expense ? Administrative salaries $94,000 per quarter Insurance expense $10,400 per quarter Depreciation expense $64,000 per quarter Management has concluded that shipping expense is a mixed cost, containing both variable and fixed cost elements. Units sold and the related shipping expense over the last eight quarters follow: Quarter Units Sold Shipping Expense Year 1: First 30,000 $ 174,000 Second 32,000 $ 189,000 Third 37,000 $ 231,000 Fourth 33,000 $ 194,000 Year 2: First 31,000 $ 184,000 Second 34,000 $ 199,000 Third 44,400 $ 246,000 Fourth 41,400 $ 222,000

Answers

Answer:

Fixed Cost = $24,000 Variable cost = $5

Explanation:

You have to use the High-Low method

$$$Shipping expense = units sold * variable cost + fixed cost$

From the table you got, you pick the higher and the lowest unit sold

and calculate the diference between them:

$\left[\begin{array}{ccc}&$Units&$Shipping Expense\n$High&44,400&246,000\n$Low&30,000&174,000\n$Diference&14,400&72,000\n\end{array}\right]$

Now 14,400 Units generates a cost of 72,000 Dividing we get the variable component

$72,000/14,400 = 5$

Then we calculate for the fixed cost:

$$$246,000 = 44,400 * 5 + Fixed Cost$

Fixed Cost = 24,000

Kevin invests $800 in an account that earns 5% simple interest. Jeremy invests $600 in an account earning 6%interest compounded annually. Who will have earned more interest after 3 years? How much more?
A. Kevin will have earned $5.39 more than Jeremy after 3 years.
B. Jeremy will have earned $5.39 more than Kevin after 3 years.
C. Kevin will have earned $18.10 more than Jeremy after 3 years.
D. Jeremy will have earned $18.10 more than Kevin after 3 years.