OM FINAL STUDY GUIDE QUALITY CONTROL TOOLS Statistical Process Control (SPC): used in quality management. Monitors quality DURING production or while the service is being performed. Goal to provide timely info if current products meet specifications
Financial Statement Forecasting with the Percent of Sales Method
Financial Planning and Pro Forma Statements
Three important uses:
Forecast the amount of external financing that will be required Evaluate the impact that changes in the operat
CHAPTER 7 MAKING CAPITAL INVESTMENT DECISIONS
Answers to Concepts Review and Critical Thinking Questions 1.
In this context, an opportunity cost refers to the value of an asset or other input that will be used in a project. The relevant cost is what the a