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2 years ago

When prioritizing the backlog, what does taking an economic view mean?

Business

1 answer:

xenn [34]2 years ago

6 0

When prioritizing the backlog, taking an economic view mean Realizing the goal of Lean

A lean system represents a company or business unit that comprehensively applies lean principles to the methods of planning, prioritizing, managing, and measuring work. The goal of all lean systems is to maximize customer profits. Lean thinking can significantly improve the productivity and functionality of a team or department, but lean implementation across the organization has the greatest impact on customers.

The lean system uses a lean approach to identify and eliminate waste. They systematically discover and take advantage of opportunities for improvement. These are two of Lean's basic concepts. Eliminate everything that doesn't add value to your customers, work systematically and continuously, and create more value for your customers.

Learn more about the Lean system here: brainly.com/question/683722

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Elliot and Conrad (a two-member LLC) operated a consulting firm (a "specified services" business). The business is equally owned

juin [17]

Answer:

Elliot's qualified business income deduction is $28,000.

Explanation:

total income

= share in specified service business income + wages of wife

= 280000*50% + $90000

= $230,000

taxable income before QBI = total income - standard deduction

= $230,000 - $24,000

= $206,000

QBI deduction is lesser of:

- 20% of qualified business income

= $140,000*20%

= $28,000

Therefore, Elliot's qualified business income deduction is $28,000.

8 0

3 years ago

Crane Company sells two types of computer hard drives. The sales mix is 30% (Q-Drive) and 70% (Q-Drive Plus). Q-Drive has variab

Ad libitum [116K]

Answer:

1,800 units

Explanation:

With regards to the above, we need to find first the contribution margin of Q drive.

Contribution margin of Q drive = Selling price - Variable costs per unit

= $90 - $30

= $60

We will also find contribution margin of Q drive plus

Contribution margin of Q drive plus = Selling price - Variable costs per unit

= $135 - $45

= $90

Therefore, the combine contribution margin for both drive

= 30% × $60 + 70% × $90

= $18 + $63

= $81

The next step is to find the total break even point

= Crane company's fixed costs / Combined contribution margin

= $486,000 / $81

= 6,000 units

Furthermore, it means that Q drive would be sold at the break even point = Total break even point × Sales mix

= 6,000 × 30%

= 1,800 units

7 0

3 years ago

An association that Korean Americans are able to use to pool their money together and provide grants to subsidize the startup co

Free_Kalibri [48]

Answer:

KYES

Explanation:

KYES are clubs created by Korean Americans in which the members make a contribution and the money gathered is used to provide loans to start businesses. According to this, the answer is that an association that Korean Americans are able to use to pool their money together and provide grants to subsidize the startup costs of businesses are called KYES.

8 0

3 years ago

VLD [36.1K]

Answer:

Contra account.

Explanation:

A contra account is an account that has an opposite of what is the normal balance for the class of such an account. a company would be able to report the original amount and in so doing also be able to report the reduction and then what is the net amount would be reported. in other words such an account is used to reduce the value of another related account. And thereafter the net value is what is going to be reported.

6 0

3 years ago

Mario's Home Systems has sales of $2,770, costs of goods sold of $2,110, inventory of $494, and accounts receivable of $425. How

Shalnov [3]

Answer:

D) 85.45 days

Explanation:

Days sales in inventory is calculated by dividing total inventory by COGS, and then multiplying that by 365 days:

(inventory / COGS) x 365 = ($494 / $2,110) x 365 = 85.45

Days sales in inventory measures the average number of days that it takes for a company’s inventory to be realized into sales within the year.

8 0

4 years ago