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please answer all the questions as soon as possible. thank you so much, sir/ ma'am. (sub: entrepreneurship) a) A manufacturing plant makes a product which
please answer all the questions as soon as possible. thank you so much, sir/ ma'am. (sub: entrepreneurship)
a) A manufacturing plant makes a product which sells for RM 10 each. The variable cost per unit is RM 5 which covers labour and material. If the fixed costs total is RM 45,000 per annum which covers all the overhead costs, evaluate the number of products to arrive at the breakeven point. (10 marks) b) Continuous improvement is a systematic technique to discovering chances for improvement that can help a company achieve its objectives of increasing profits, lowering expenses, and speeding up innovation. Demonstrate ONE (1) continuous improvement approach that can be applied in a biotechnology firm. (6 marks) c) Failure Mode and Effects Analysis (FMEA) is a review tool to identify and correct any potential failures in a product, service or manufacturing. Examine SIX (6) possibilities of FMEA in the manufacturing of medical device. 19 marks)Step by Step Solution
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