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mihalych1998 [28]
2 years ago
12

In the Toyota Production System, waste and inefficiency are referred to as __________, and the ongoing effort to reduce this is

referred to as __________. jidoka; heijunka muda; kanban kaizen; heijunka muda; kaizen muda; jidoka
Business
1 answer:
Monica [59]2 years ago
8 0

Toyota has one of the finest production system of cars in the world.

It constinuously strives to improve its production lines and waste managements.

The waste and inefficiency are refetrred to as Muda and the company makes ongoing efforts to reduce this is known as Kaizen.

<h3>Muda</h3>

It is a Japanese term which is used for uselessness.  Toyota tries to manage and allocate its resources effectively so that its waste is limited.

<h3>Kaizen</h3>

It is a Japanese term which means continuous improvement.

Toyota follows this technique iin its production so that its allocates optimal resources and produces minimum possible waste which leads to increased profitability.

Learn more Business at brainly.com/question/27383669

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If the natural rate of unemployment _____, the nonaccelerating inflation rate of unemployment _____, and the long-run phillips c
11Alexandr11 [23.1K]

If the natural rate of unemployment falls, the nonaccelerating inflation rate of unemployment falls, and the long-run Phillips curve shifts to the right.

A superb supply stock or a boom in combination supply will cause the Phillips curve to shift to the left. moreover, something that can purpose the overall delivery of products and offerings to increase can shift the Phillips curve to the left. The Phillips curve states that inflation and unemployment have an inverse relationship. higher inflation is associated with decreased unemployment and vice versa.

The Phillips curve was a concept used for manual macroeconomic policy inside the 20th century however become called into question by the stagflation of the 1970s. according to the NAIRU concept, expansionary financial policies will create the best temporary decreases in unemployment as the financial system will regulate the natural fee. moreover whilst unemployment is below the natural fee inflation will accelerate.

Learn more about Phillips curve here:-brainly.com/question/28005556

#SPJ4

5 0
1 year ago
In the heading of a cover letter, which of the following formats should be used for the date?
loris [4]
<span>It should be laid out like this example:(November 10, 2015)</span>
7 0
3 years ago
On October 1, Hawking Corp. had 40,000 shares of $2 par value common stock outstanding before it declared a 2-for-1 stock split.
Naily [24]

Answer:

1. After the split, how many shares of common stock are outstanding and what is their par value per share?

40,000 stocks outstanding x 2 = 80,000 stocks outstanding after the stock split

par value of each stock = $2 / 2 = $1

Aren't both questions the same?

2. After the split, the number of shares outstanding is <u>80,000</u> and the par value per share is <u>$1</u>.

Explanation:

When a stock split happens, the total number of outstanding stock is just multiplied by the stock split factor, in this case it was 2, but other times it might be 4 or 7 (like Apple stock). You just multiply total outstanding stock by the split number. On the other hand, par value is calculated by dividing the current par value by the split number.

5 0
3 years ago
On July 1 of the current calendar year, Olive Company paid $8,200 cash for management services to be performed over a two-year p
Andrew [12]

Based on the amount paid by Olive Company for the two year period, the adjusting entry on December 31 would be a debit to an expense and a credit to prepaid expense for $2,050.

<h3>What would be the adjusting entry?</h3>

Based on the accrual method, only costs for the year can be recorded as expenses.

If any costs are for other periods, those costs would be credited to prepaid expenses.

The expense for this year for management services would be:

= Number of months from July to December x Amount paid / number of months in contract

= 6 months x 8,200 / 24 months

= $2,050

In conclusion, expenses will be debited $2,050.

Find out more on prepaid expenses at brainly.com/question/9270086.

4 0
2 years ago
Effie Company uses a periodic inventory system. Details for the inventory account for the month of January, 2013 are as follows:
rjkz [21]

Answer:

The answer is $762

Explanation:

Without doubt the 140 units on hand at month end would comprises of:

100 bought units on 1/28/13 for $5.50 each        $550

40 units purchased on 1/15/13 $5.30 each           $212

Total value of closing inventory                             $762

The value of closing inventory at the end of the month using FIFO method of valuing inventory is $762

FIFO First In First Out method assumes that the first sets of stock purchased are sold first which is in  sharp contrast with LIFO Last In First Out where the last sets of inventory are assumed to be sold first.

However, the LIFO method tends to overvalue inventory in a period of rising inflation

7 0
4 years ago
Read 2 more answers
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