The ability to automatically detect the occurrence of an abnormality, thereby helping achieve quality at the source, is jidoka
Therefore, Jidoka's definition is best understood as "automation". This means manual automation or autonomous automation. The origin of Jidoka can be traced back to Toyota Motor Corporation, which was founded by Sakichi Toyoda as a textile manufacturer.
A famous example of Jidoka is his Model G for Toyoda Automatic Loom, invented and patented in 1925 by Sakichi Toyoda (1867–1930). This is one of the many looms invented by this inventor, but perhaps his most famous. This loom could be operated almost unmanned. Jul 31, 2018
Automation is a commonly used term in Lean Manufacturing, widely considered one of the pillars of the Toyota Production System, the other being Just in Time (JIT). The term "Jidoka" is often used to impress others, but the idea behind it is less common outside of Toyota.
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Answer:
Option A. Liable, because notice to Emmett is notice to Fridley.
Explanation:
The reason is that the principle is liable for the outcome of the Emmett actions in the principle's behalf. So it is clear that Fridley is liable. The agent have to work in the best interest of its principal which means that the failure to notify the additional tax liability to Fridley was part of agent's fiduciary duty. This means that the principle can sue its agent for the consequences of not placing the sufficient care to its principle.
The Fridley is also responsible because Emmett is acting as Fridley which means the notice to Emmett is actually notice to Fridley.
Answer:
D. Exporting Her Products.
Explanation:
As Mary wants to sell her products in Europe since they're doing well in the United States. She doesn't have a lot of capital and is risk-averse, so she should begin with exporting her products which is the least riskiest and easiest way to enter in foreign market. Exporting is the mechanism by which you sell your products outside your country and generate profits. In this process very less risk is involved and you also need less level of investment as well. Mary can contact some sellers there and send her products to them and receive payment, hence much less risk in involved. With the help of exporting, she can also get the insights about that market's buying patterns as well that which products are in high demand there and can be sold profitably.
Answer: A. equal to marginal cost where it intersects the demand curve
Explanation:
In a pure competition, the market is efficient because it balances demand and supply and gives an equilibrium price that takes both of them into account.
In this market, the price is equal to the marginal revenue of a firm and the profit maximizing level of production is where the marginal revenue intersects the marginal cost.
The efficient level is therefore where price equals marginal cost. The same goes for a natural monopoly. If economic efficiency is to be achieved, the natural monopoly's price must equal the marginal cost at the equilibrium price.
Answer:
break even point in unit =5440 units
break even point in sales = $544000
total sale = $680000
Explanation:
given data
Current operating income = $34,000
Selling price = $100
margin ratio = 25%
to find out
Bay Area Cycle’s break even point in units and total sales dollars
solution
we get here first break even point that is express as
break even point in unit = 
..................1
break even point in unit = 
break even point in unit =5440 units
so
break even point in sales = 
..................2
break even point in sales = 
break even point in sales = $544000
and
total sales will be
total sale = 
..................3
total sale = 
total sale = $680000
