how 3M ramped up its production of N95 masks. Many organizations are pitching in in this...

how 3M ramped up its production of N95 masks. Many organizations are pitching in in this fight, including newspapers offering great coverage, retailers coping with new forms of demand-supply changes, and of course the great healthcare providers. GM plans to make 30,000 ventilators. Reflect on 3M's response, including how it had developed 'surge capacity' well before this contagion. Will this be a new normal going forward?

Expert Solution

The company 3M is a manufacturer of industrial, safety and consumer products goods of American. It has been started the production of N95 Mask in recent times. The reasons are listed below:

· The production of mask increased due to the speculation of demand. Also they have forecasted this earlier.

· After the prediction they have started increasing the inventory of N95

· They properly estimated that with the enhancement of the massive demand of mask they are going to earn profit by exporting it.

· Face mask is going to be the main equipment to protect the pandemic caused by COVID 19

· The mask is important for both the medical worker as well as the nonmedical worker in this situation. The make this on their mind.

· Along with all the medical instruments like ventilators and other the face mask will going to be essentials for all.

· Also the newspapers and other social media has help the company 3M to advertise of the product by alerting everyone for COVID 19

Rahul Sunny answered 7 months ago

HK Masks Limited produces and sells masks. Fixed manufacturing overhead incurred for the above production process...

HK Masks Limited produces and sells masks. Fixed manufacturing overhead incurred for the above production process totaled $800,000. Net operating income under variable costing was three million dollars. The company did not have beginning inventory, units produced were 250,000 and units sold were 150,500. Required: a. Calculate the units of ending inventory . b. Compute the manufacturing overhead per unit absorbed in the ending inventory. c. Use vertical 3 rows schedule to show the variances between the variable costing and...

A firm is deciding how to divide up its plastic betweencellphones and toys. The production...

A firm is deciding how to divide up its plastic between cellphones and toys. The production functions are:Cellphones: C = 20PC – 1.5PC2Toys: T = 80PT – 2PT2Constraint: PC + PT = 60Profit is $10 per cellphone and $5 per toy. How many units of plastic should be used for toys (PT)?Enter as a value.

Strategic Cost Management 1. “Beautiful Masks“is a start-up manufacturing designer masks for men and women set...

Strategic Cost Management 1. “Beautiful Masks“is a start-up manufacturing designer masks for men and women set up in April’ 20 post COVID. It is managed by Ms Meher. She is facing a huge demand for her designer masks from Retail outlets and on their online store as well. She wants to understand the correct approach for pricing the masks. She has appointed you as the management accountant. Please advise her regarding the key factors affecting pricing decisions, both internal and...

how many nucleotides make up a cordon ?

MAN4301 Discussion Question 1.) For many organizations, objective performance data (such as production figures) is preferred...

MAN4301 Discussion Question 1.) For many organizations, objective performance data (such as production figures) is preferred rather than subjective data when it comes to assessing the performance of employees. While this may seem like a no-brainer approach to use objective data for performance management, it does have its drawbacks. Discuss some of the reasons objective data may be less effective as a performance measure than subjective data.

For many organizations, objective performance data (such as production figures) is preferred rather than subjective data...

For many organizations, objective performance data (such as production figures) is preferred rather than subjective data when it comes to assessing the performance of employees. While this may seem like a no-brainer approach to use objective data for performance management, it does have its drawbacks. Discuss some of the reasons objective data may be less effective as a performance measure than subjective data. 250 word response please!

How would you make a 3M solution of CaCl2? How would you make a 3M solution...

How would you make a 3M solution of CaCl2? How would you make a 3M solution of CaCl2? How would you make 125mL of 0.6M CaCl2 from the 3M stock above ?

A) At the local pizza parlor people line up outside in their masks and proceed 1...

A) At the local pizza parlor people line up outside in their masks and proceed 1 at a time into the store to pay for and pick up the pizza. The manager who receives the orders for the pizzas wants to minimize peoples wait time. So she keeps track of the wait times for 25 people in mimutes: 40, 32, 5, 14, 7, 9, 13, 8, 9, 15, 11, 9, 15, 13, 14, 14, 7, 10, 13, 15, 18, 8,...

Suppose firm Rocket is producing face masks. The production function of this firm can be represented...

Suppose firm Rocket is producing face masks. The production function of this firm can be represented as q=f(H, L)=1.5H+L/20, where H is the high skilled labor used and L is low skilled labor used. If wage rate for high skilled labor is $600 (wH=$600) and wage for low skilled labor is $10 (wL=$10), calculate the H and L that will produce q=100 in the least costly way Suppose in addition to labor cost, firm Keppa also has to pay a...

Workplace bullying is an unfortunate reality in many organizations. In 150 words tell how does this...

Workplace bullying is an unfortunate reality in many organizations. In 150 words tell how does this affect the individual and the organization? What legal and ethical consideration should organizations be forewarned of?

Question