Identify and explain two ways that has increased productivity of the company.
Identify and explain two ways that has increased productivity of the company.
Management, Loose-Leaf Version
13th Edition
ISBN:9781305969308
Author:Richard L. Daft
Publisher:Richard L. Daft
Chapter6: Managing Start-Ups And New Ventures
Section: Chapter Questions
Problem 3OTJVC
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Breakeven Analysis
Break Even Analysis is a term used in business, cost accounting and economics. It refers to a point where the total cost incurred becomes equal to the total revenue earned. Break Even Analysis determines the number of units to be sold to earn the revenue required to cover the total costs. Total cost is a sum total of fixed and variable costs.
Process analysis
The term process analysis can be defined as breakdown of production process into different phases that converts inputs into output. A series of routine activities are incorporated using organizational resources with a view to achieve operational excellence.
Question
Questions:
1. Draw the flowchart of the cookie production process of Lew-Mark Baking Company.
2. Identify and explain two ways that has increased productivity of the company.
3. Discuss the decision of the company to not automated the packing of cookies.
4. What will be the disadvantages of automated packing cookies?
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