The phrase "a theory that relates to the method in which a manufacturing organisation organises and manages its business" best sums up JIT (Just-In-Time). As a result, only assertion I is accurate.
What is the just in time (JIT) systems' guiding principle?JIT manufacturing is a strategy built on decreasing waste, increasing overall quality control, and lowering manufacturing costs. JIT's key goal is to produce the appropriate amount of product at the appropriate time and location while keeping a small amount of work-in-process and finished work in stock.
What does the term "just" in JIT manufacturing mean?A production strategy known as "just-in-time manufacturing" (JIT manufacturing) relies on the idea that goods should only be produced when they are actually needed.
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Jason, a manager at a logistics company, wants to bring in temporary workers to handle the extra work of loading and unloading deliveries during the holiday shopping season. Which statement expresses a disadvantage of Jason's idea
Answer:
There may be tension between permanent and temporary workers.
Explanation:
Labor demand forecasting refers to a step in the process of labor optimization before filling the concerned posts in which accurate demand is estimated for any time period based on various demand variables. There are just so many factors that need to be taken into account, for example, seasonal patterns, unpredictable demands, local attractions, etc while scheduling the right labor for the right job. these trend analyses require to predict labor demand in the form of temporary additional labor which often came in conflict to permanent ones over their respective roles and responsibilities.
What role does product/service management play in marketing?.
Answer:
El Marketing de Servicios es un conjunto de tácticas que tienen como objetivo agregarle valor al servicio ofrecido, con el fin de persuadir al cliente para que opte por una determinada empresa. A través de una estrategia de Marketing de Servicios, es posible garantizar la máxima satisfacción de consumidores y usuarios
Explanation:
Answer:
✒️Answer:Product/service management is a marketing function that involves obtaining, developing, maintaining, and improving a product or service mix in response to market opportunities.
Explanation:
#CarryOnLearning\(watch.some.anime\)
How much total interest will he pay over the course of the mortgage?
Cylinder is used for cooking; you have checked when it was supplied to you. Afterwards if it starts leaking so whom do you think is liable to pay compensation if the leakage of gas leads to fire and causes injury?
OMCs (Oil Marketing Companies) are liable to pay compensation if the leakage of combustible gas leads to fire and causes injury.
Combustible gases that aid in food preparation are contained in the domestic gas cylinder. Even in small fires, the gas that the cylinder releases can burn readily. The property and lives of those nearby could sustain severe damage if the cylinder bursts.
OMCs' Public Liability Insurance Policy only covers losses resulting from accidents where LPG is the primary cause of fire; it does not cover losses resulting from accidents where other sources or circumstances lead to the engulfment and subsequent rupture of LPG cylinders.
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What is work hardening? Would this strategy for
increasing strength of glass be effective? Why or why
not?
Work hardening, also known as strain hardening, is a process by which the strength and hardness of a material, such as metal, are increased through plastic deformation.
This occurs when a material is subjected to repeated plastic deformation, such as bending or hammering, causing dislocations in the crystal structure to become entangled and hinder further deformation. As a result, the material becomes stronger and more resistant to deformation.
However, work hardening is not an effective strategy for increasing the strength of glass. Unlike metals, glass is an amorphous material, lacking a crystalline structure and dislocations. As a result, it does not exhibit work hardening behavior.
When glass is subjected to deformation, it undergoes elastic deformation up to a certain point, after which it experiences brittle fracture rather than plastic deformation.
Consequently, applying work hardening techniques, such as bending or hammering, to glass would not lead to an increase in its strength. Instead, it would likely result in the glass shattering or breaking due to its brittle nature.
In summary, work hardening is a process that increases the strength and hardness of materials through plastic deformation. While it is effective for metals, it is not applicable to glass.
Glass does not exhibit work hardening behavior due to its amorphous nature, and attempts to work harden glass would likely lead to brittle fracture rather than increased strength.
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the process of forecasting or approximating the time and cost of completing project deliverables is called
Estimation is the practice of foreseeing or roughly predicting the time and expense required to complete project deliverables.
Define the process of estimation?In order to estimate a project's expenses and resource needs, one must project the future. To produce trustworthy findings and reduce errors, a consistent process or series of processes for creating an estimate is required.
How is the estimation process defined?Finding a value that may be used for a purpose despite though the input data may be imprecise, ambiguous, or unstable is the process of estimation (or estimating). The fact that the value was generated using the most up-to-date information makes it remain useful.
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Which of the following would be a good argument to buy rather than lease? a. ""Money is really tight. I need the lowest possible monthly payment. "" b. ""It is very important for my image to drive the newest cars available. "" c. ""I’m only going to need it for a few years before I move back to Great Britain. "" d. ""I would prefer to walk out of the deal in the end with something to show for the money I put in. "" Please select the best answer from the choices provided A B C D.
When we buy something it becomes our property after purchase but not in the case of lease agreement. Thus, the correct option is "I would like to walk out of the deal with something to show for the money I put in,"
What exactly is a lease?A lease is a legal agreement in which a user agrees to pay the owner for the use of an item.
This differs from buying, in this the property turns into the users' assets after purchase; nonetheless, those who "would want to walk out of the deal with something to show for the money I put in" can choose to buy rather than lease.
Thus, Option D is the correct answer.
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Answer:
d
Explanation:
Type the correct answer in the box. Spell all words correctly.
Samantha is part of a project management team working on the initiation phase of a project. What is her team expected to do in this phase?
In the initiation phase, Samantha's team needs to clarify the project's _____
and justify it.
Answer:
Explanation:
Initiation phase is the first phase of a project management where the project is evaluated to know the purposes it has to be done , how it will be done and the resources needed to execute it.
At this stage , Samantha's team has to clarify and justify the project's purposes and feasibility in order to know why it has to be done and also how it will be completed and its purpose achieved.
What types of planning can be done to improve a nation’s economy?
A nation can undergo ____ planning or ___ planning in order to improve its economy.
Answer:
A nation can undergo long-term planning or constructive planning in order to improve its economy. Long-term planning involves setting goals and implementing policies that will have an impact over a period of several years. This type of planning may involve investments in education, infrastructure, and research and development, among other areas. Constructive planning involves implementing policies that encourage economic growth and development, such as reducing barriers to trade, promoting entrepreneurship and innovation, and investing in key industries. These types of planning can help a nation to create jobs, increase productivity, and improve living standards for its citizens. THANK YOUHow does investment in human capital impact a company's productivity?
The more workers a company has, the more it produces.
The more highly educated the workforce, the greater the production.
The more the workforce requires extensive training, the less production in the
long run.
The larger the workforce, the larger the management structure and the lower the
production.
Answer: Human capital is perceived to increase productivity and thus profitability. The more investment a company makes in its employees, the chances of its productivity and success become higher.
Required information Use the following information to answer questions. (Algo) [The following information applies to the questions displayed below.] The following information is available for ADT Company, which produces special-order security products and uses a job order costing system. Overhead is applied using a predetermined overhead rate of 55% of direct labor cost. Inventories Beginning of period End of Period $ 34,000 Raw materiale $ 27,000 Work in process 9,500 18,600 Finished goods 58,000 34,500 Coat incurred for the period $170,000 Raw materials purchases Factory payroll 200,000 Factory overhead (actual) Indirect materials used i 8,000 46,000 Indirect labor used Other overhead costs 100,000 Exercise 15-15 (Algo) Recording actual and applied overhead LO P3 1. Incurred other actual overhead costs (all paid in Cash). 2. Applied overhead to work in process. Prepare journal entries for the above transactions for the period. Prepare journal entries for the above transactions for the period. View transaction list Journal entry worksheet < A B Record the entry for other actual overhead costs incurred (all paid in Cash). Note: Enter debits before credits. Transaction General Journal Debit Credit Clear entry Record entry View general Journal
Journal Entries:In the cost accounting process, a journal entry is used to record transactions, operations, or other financial events in chronological order for effective analysis and adjustment purposes. Furthermore, journal entries are important to the company's record-keeping procedures because they provide a systematic record of financial activities and transactions. The company can use the same process for preparing journal entries for different kinds of transactions or accounts.
As a result, all changes in the financial records of a company are recorded in the journal entries and are then transferred to the ledger accounts.
The following journal entries would be prepared for the given transactions:
1. Journal entry for other actual overhead costs incurred (all paid in Cash)The general journal's debit and credit parts of the entry for other actual overhead costs incurred (all paid in Cash) are given below:
Debit Credit Other overhead costs 100,000 Cash 100,000
2. Applied overhead to work in process The general journal's debit and credit parts of the entry for applied overhead to work in process are given below: Debit Credit Work in process 18,600 Manufacturing overhead 18,600
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which of these favored a laissez-faire policy because it allowed them to do as they please?
The group that favored a laissez-faire policy because it allowed them to do as they please were typically wealthy business owners and capitalists.
What are these policies?Laissez-faire policies promote minimal government intervention in the economy and businesses, allowing individuals to operate freely and pursue their self-interests without interference.
This benefits those who have the means to take advantage of the lack of regulation and competition. It also allows them to accumulate wealth and power without being held accountable for the negative impacts their actions may have on society or the environment.
However, this policy can have negative consequences for the wider population, as it can result in inequality, exploitation, and environmental degradation.
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the united states is considered to have a high standard of living because:
A. the most important sector's of its economy are agricultural
B. most of its citizens have access to necessities like food.
C. a large number of its citizens struggle to find good jobs.
D. its currency is no longer tied to precious metals like gold.
Answer:
B. most of its citizens have access to necessities like food.
The taylor rule puts _________ as much weight on closing the unemployment gap as it does on closing the inflation gap.
Taylor's rule puts double weight on closing the unemployment gap in comparison to the inflation gap.
What is inflation?Inflation is the scenario where the price of goods or services is increased in such a way that results in decreasing the purchasing power of people.
The focus of Taylor's principle is to close the gap in unemployment by much double weight in contrast with the gap in inflation. It wants that the unemployment gap should be twice the inflation gap at the time of closing.
Therefore, the twice weight should be put up on unemployment as suggested by the rule of Taylor.
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c-11 a company purchased a material handling equipment that costs $100,000 and salvage value 18,000. determine the book value of it after 3 years using:- a. straight-line depreciation b. 150% ddb c. 7 years of depreciation. e. discuss in short some ethical issues if the company uses low-cost labor.
Using low-cost labor can lead to ethical issues related to fair pay and working conditions, as well as negative impacts on the local economy. Companies should prioritize fair and just treatment of their employees to avoid such issues.
a. Straight-line depreciation:
The annual depreciation expense for straight-line depreciation can be calculated as follows:
Depreciation Expense = (Cost - Salvage Value) / Useful Life
Useful life is the number of years over which the asset is expected to be used. In this case, we are given that the equipment has a salvage value of $18,000 and we assume a useful life of 3 years.
Depreciation Expense = ($100,000 - $18,000) / 3
Depreciation Expense = $27,333.33 per year
After 3 years, the book value of the equipment using straight-line depreciation would be:
Book Value = Cost - (Depreciation Expense x Number of Years)
Book Value = $100,000 - ($27,333.33 x 3)
Book Value = $18,000
b. 150% declining balance depreciation:
The annual depreciation expense for a 150% declining balance (DDB) can be calculated as follows:
Depreciation Expense = Book Value x Depreciation Rate
Depreciation Rate = 2 / Useful Life
The depreciation rate for 150% DDB is double the straight-line rate, which is why it's multiplied by 2. In this case, we have a useful life of 3 years.
Depreciation Rate = 2 / 3
Depreciation Rate = 0.6667
Depreciation Expense Year 1 = $100,000 x 0.6667 x 1.5 = $100,005
Depreciation Expense Year 2 = ($100,000 - $100,005) x 0.6667 x 1.5 = $33,333
Depreciation Expense Year 3 = ($66,667 - $18,000) x 0.6667 x 1.5 = $23,810.38
After 3 years, the book value of the equipment using 150% DDB would be:
Book Value = Cost - Accumulated Depreciation
Book Value = $100,000 - ($100,005 + $33,333 + $23,810.38)
Book Value = $18,851.62
c. 7 years of depreciation:
The annual depreciation expense for 7 years of depreciation can be calculated as follows:
Depreciation Expense = (Cost - Salvage Value) / Useful Life
Useful Life = 7 years
Depreciation Expense = ($100,000 - $18,000) / 7
Depreciation Expense = $11,428.57 per year
After 3 years, the book value of the equipment using 7 years of depreciation would be:
Book Value = Cost - (Depreciation Expense x Number of Years)
Book Value = $100,000 - ($11,428.57 x 3)
Book Value = $66,714.29
e. Ethical issues if the company uses low-cost labor:
If a company uses low-cost labor, there may be ethical issues related to fair pay and working conditions. Low-cost labor often means workers are paid less than a living wage, which can lead to poverty and hardship for employees and their families. Additionally, workers may be subjected to long hours, poor working conditions, and limited benefits.
The use of low-cost labor may also result in negative impacts on the local economy, as workers may not have enough disposable income to contribute to the local economy. This can lead to a cycle of poverty that is difficult to break.
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An investment adviser representative of a Federal Covered adviser with no office in the state only has non-institutional clients. Where must the investment adviser representative register
Complete Question:
An investment adviser representative of a Federal Covered adviser with no office in the state only has non-institutional clients. Where must the investment adviser representative register?
Group of answer choices
A. SEC
B. State
C. Both the SEC and the State
D. Neither the SEC nor the State
Answer:
B. State.
Explanation:
In this scenario, an investment adviser representative of a Federal Covered adviser with no office in the state only has non-institutional clients. The investment adviser representative must register with the state.
A representative of a Federal Covered adviser is only required to register with the state in which he or she is operating.
However, for the investment adviser, they're expected or required by law to register with the Securities and Exchange Commission (SEC) since they're having no office in the state.
The impact of Furman v. Georgia (1972) was that states had to
promise to use the death penalty only with approval from the Supreme Court.
throw out the old Miranda warning and write a new one.
agree to throw out all state laws regarding crime and impose national standards.
create clear standards to be applied fairly before imposing the death penalty.
Answer: D.create clear standards to be applied fairly before imposing the death penalty.
Explanation: The answer it's right there
The impact of Furman v. Georgia (1972) was that states had to
create clear standards to be applied fairly before imposing the death penalty.The Furman v. Georgia caseThis was a case that had to do with the cruel and the unusual way that people faced in the death penalty.
The case ruled that the death penalty was unconstitutional if it was applied in a discriminatory way.
It ruled that the eight amendment was being violated if used in this way.
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Elise works in New York and developed a geothermal project that was opening in Atlanta. She noticed the project is due next week and is not complete. She had to quickly go to Atlanta to put the finishing touches on the project. Which qualifications are best being used by Elise to complete her job? O willingness to travel and mechanical knowledge O knowledge of geography and physical stamina O customer service and mechanical knowledge O stress management and willingness to travel
Answer: stress management and willingness to travel
Explanation:
Based on the scenario described in the question, Option A and C are both wrong as she doesn't need mechanical knowledge. Mechanical knowledge has to do with one's ability to be able to understand and use tools. She also doesn't need customer service as she isn't attending to customers or anyone.
Since she had to quickly go to Atlanta to put the finishing touches on the project, what she needs is her ability to manage stress and also her willingness to travel.
Answer:
D, Stress management and willingness to travel.
Explanation:
Edge 2020 <3
List 3 responsibilities that a consumer has when making a purchase.
Answer:
check receipt, know the return policy, read the fine print
Explanation:
Welcome
Why would a business pay for an employee's education?
Answer:
If yo u are a business and you pay for an employees' education It is a great way to add to your employees' skills and knowledge, which they can apply to your business to help make it a success.
Explanation:
distinguish between capital intensive and labour intensive
answer:
capital intensive
— industries require a greater amount of machinery to produce the product
labour intensive
— product requires a larger amount of human labor to bring it off
explanation:
ex:
capital intensive
— telecommunications, airlines, automobile manufacturing, oil production
labour intensive
— food service, hospitality, public education, agriculture
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img world’s products and services are geared toward colleges and students, the students of which may be considered young achievers. this designation can be best described as which influential factor of consumer buying behavior?
Answer:
Answer: A. Age and life stages
Explanation:
Your first assignment is due on Wednesday Econ 102-1: Assignment 1: due Wednesday Oct. 12: 8.00-9.50 am a. Explain fully why the PP frontier for every economy is concave to the origin.
The concave shape of the PPF reflects the concept of diminishing marginal returns and the increasing opportunity cost associated with reallocating resources from one good to another.
The Production Possibility Frontier (PPF) illustrates the maximum combination of goods and services that an economy can produce given its available resources and technology. The shape of the PPF is concave to the origin, and this can be explained by the concept of diminishing marginal returns.
To understand why the PPF is concave, consider an economy initially producing at a balanced point on the PPF, where resources are allocated efficiently to produce a combination of goods. As the economy tries to produce more of one good, it needs to reallocate resources from the production of the other good.
At the beginning, there may be some idle or underutilized resources that are more suited for producing the additional units of the desired good. This leads to a relatively small opportunity cost, and the economy can produce more of the desired good without sacrificing much of the other good.
This leads to a higher opportunity cost as the economy moves along the PPF, and the production of the desired good starts to come at the expense of the other good. As a result, the rate at which the economy can produce more of the desired good decreases, causing the PPF to curve inward, or be concave, towards the origin.
In summary, the concave shape of the PPF reflects the concept of diminishing marginal returns and the increasing opportunity cost associated with reallocating resources from one good to another. As an economy moves along its PPF, it faces increasing trade-offs, leading to a concave frontier.
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which firm has highest bargaining power against buyers who buy products and either pay in cash or issue accounts payable?
Supplier negotiating power and the threat of new competitors have little effect on companies like JPMorgan. Payment services and peer-to-peer lending are two replacement goods that continue to pose a challenge to the financial sector.
Companies and their stocks goods can be analyzed in a variety of ways. The Porter's Five Forces Model, an approach that examines external variables inside a particular industry, is one way to achieve this. Continue reading to learn how JPMorgan Chase, one of the competitors financial firms in the world, is affected by these five influences. Payment services and peer-to-peer lending are two replacement goods that continue to pose a challenge to the financial sector.
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John works as a website designer and for a fee will perform tasks that help clients create or redesign their websites. In other words, John is providing what for each client?
A) a deficit
B) an export
C) an import
D) a service
This assignment will help you apply porter's forces to an organization to find competitive opportunities using technology. ASSIGNMENT In this assignment you will choose an organization, and then walk through each force and ultimately choose a technology strategy to create an advantage. - Choose an industry, and then choose an organization within that industry. Describe both briefly. - Using Porter's Five Forces, for each force describe a 'problem' and an 'opportunity' within each force for the organization you selected in the above step. For Example: If I chose fast food and McDonald's, a problem for McDonalds in the customer force is that customers are increasingly becoming health focused. An opportunity for McDonald's would be to explore 'power shakes' that include workout supplements. - Next, examine the four basic competitive strategies. For each strategy, identify your selected organization's main competitor that would fit in that strategy (describe why you feel it fits). Which strategy (area) provides the most opportunity for your organization and which area does your organization belong to? - Finally, make a statement on what your selected organization's strategy should be.
Industry and Organization The industry that has been chosen for this analysis is the Automobile industry. The organization that has been selected for this analysis is Tesla. Tesla is an American company that specializes in the manufacturing of electric vehicles, solar panels, energy storage, and related products. Tesla is considered as one of the leading companies in the electric vehicle industry.Porter's Five Forces Porter's Five Forces is a framework that is used for industry analysis and is utilized to identify the competitive intensity of an industry.
The five forces are Supplier Power, Buyer Power, Competitive Rivalry, Threat of Substitution, and Threat of New Entry. The following is the analysis of each force for Tesla.Supplier Power The supplier power is considered to be low for Tesla as the company produces most of its own parts and components. Furthermore, Tesla has partnerships with suppliers that help the company in maintaining a steady supply chain. The opportunity for Tesla is to invest in research and development to find new materials and reduce the cost of manufacturing.Buyer Power The buyer power is moderate for Tesla as the company has a loyal customer base, which has a limited number of choices in the electric vehicle market. The opportunity for Tesla is to expand its product line and cater to a wider customer base.Competitive Rivalry The competitive rivalry in the electric vehicle industry is intense with companies such as BMW, Chevrolet, and Nissan as its competitors. Tesla has a competitive advantage due to its brand image, superior technology, and charging infrastructure. The opportunity for Tesla is to expand its presence in the market and focus on its unique selling points.Threat of Substitution The threat of substitution for Tesla is moderate, as some customers might opt for hybrid vehicles or traditional gasoline vehicles. The opportunity for Tesla is to expand its product line and offer vehicles with different price ranges and models.Threat of New Entry The threat of new entry is low for Tesla as the company has established itself as a leading company in the electric vehicle market.
Furthermore, the company has an extensive charging infrastructure and access to a large pool of talent. The opportunity for Tesla is to expand globally and reach out to untapped markets.Competitive Strategies The four basic competitive strategies are Cost Leadership, Differentiation, Cost Focus, and Differentiation Focus. The following is the analysis of each strategy for Tesla.Cost Leadership The main competitor that fits in this strategy for Tesla is Chevrolet Bolt. Chevrolet Bolt has a lower price point as compared to Tesla, but Tesla has an advantage in terms of range, charging infrastructure, and technology. Tesla should focus on reducing the cost of manufacturing and introducing an entry-level electric vehicle to cater to the mass market. Differentiation The main competitor that fits in this strategy for Tesla is BMW i3. BMW i3 is considered to be a premium electric vehicle that has a unique design and advanced features.
Tesla should focus on developing innovative technologies and expanding its product line to cater to a wider customer base.Cost Focus The main competitor that fits in this strategy for Tesla is Nissan Leaf. Nissan Leaf has a lower price point as compared to Tesla, but Tesla has an advantage in terms of range, charging infrastructure, and technology. Tesla should focus on reducing the cost of manufacturing and introducing an entry-level electric vehicle to cater to the mass market.Differentiation Focus The main competitor that fits in this strategy for Tesla is Porsche Taycan. Porsche Taycan is considered to be a premium electric vehicle that has a unique design and advanced features. Tesla should focus on developing innovative technologies and expanding its product line to cater to a wider customer base.
The strategy that provides the most opportunity for Tesla is Differentiation as it is an established brand that has a loyal customer base. Tesla should focus on introducing new products, expanding its charging infrastructure, and improving its technology. Tesla belongs to the Differentiation area.StatementTesla should focus on differentiation and offer unique products and services that cater to the needs of its customers. Tesla should expand its charging infrastructure and invest in research and development to improve its technology. Tesla should also consider introducing an entry-level electric vehicle to cater to the mass market.
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Which of the following is an example of promotion?
A The quality of a product
B. The price of a product
C. An advertisement
D. An employee who works for your company
Answer:
A. An advertisement
Explanation:
Answer:
it is c
Explanation:
on edg 2021
Calculate how many hours his non-salary employees will take to create a large order of 1,000 shoes. What kind of budget would Jose create?
This question is incomplete but will answer this based on what I guess you're asking.
Answer and Explanation:
Assume there are 10 employees for the small factory that makes shoes.
Let's assume each non-salary employee spends 30 minutes on each pair of shoes before it finishes, and charges $10 per hour.
1000 pairs of shoes would take 1000×0.5×10= 5000 hours(208 days and a few hours)
Total budget for non-salary employees= 5000 hrs×$10= $50000
Therefore Jose would need a $50000 budget given the variables above.
Making a home inventory (select all that apply)
Question 3 options:
A: will decrease your premium by 5%.
B: will help you get your claim settled faster.
C: will help you to determine how much liability coverage to purchase.
D: will help you to determine how much personal property coverage to purchase.
A : wil dercease your premium by 5% and if my answer is nice like and thanks!!!!!!!
Value is the cash value of an investment at some time in the.
Future Value is known to be the cash value of an investment at some time in the Future.
What is Future value (FV)?Future value (FV) is known to be the amount of a current asset at a future date due to a form of an assumed rate of growth.
This kind of value is vital to investors and financial planners, as they often make use of it in the estimation of how much an investment made today will be of a good worth in the nearby future.
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