1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
eduard
3 years ago
13

Lean Principles The chief executive officer (CEO) of Platnum Inc. has just returned from a management seminar describing the ben

efits of the lean philosophy. The CEO issued the following statement after returning from the conference: This company will become a lean manufacturing company. Presently, we have too much inventory. To become lean, we need to eliminate the excess inventory. Therefore, I want all employees to begin reducing inventories until we make products "just-in-time". Thank you for your cooperation. To implement lean, a company must first remove the reasons for excess inventory. All of the following are reasons except: a. poor quality b. large setup times c. unreliable equipment d. poor employee relationships e. worker's unions
Business
1 answer:
Vladimir79 [104]3 years ago
7 0

Answer:  Option E

Explanation:

A. Poor quality inventory will not be sold leading to excess of it thus it is a reason.

B. Large set up times will lead to loosing of customers, thus, reason for excess inventory.

C. Unreliable equipment urges for overproduction while the equipment is working efficiently thus it is a reason for excess inventory.

D. Poor employee relationships effects organisation process which might lead to delay in sales thus, a reason for excess inventory.

E. Workers union establishes efficiency in the work performance of labor, thus, it is not a reason in excess inventory.

You might be interested in
Burger King is a cash-basis taxpayer but maintains its financial accounting records using full
tekilochka [14]

Answer:

Defining current and deferred tax first;

Current Tax - Current tax is the amount of Income Tax determined to be payable in respect of taxable income for a period.

Deferred Tax - Deferred tax is the tax effect of the timing difference. The difference between the tax expenses (which is calculated on an accrual basis) and current tax liability to be paid for a particular period as per Federal Income Tax Law is called deferred tax (asset/liability). That is why Tax Expenses + Current Tax + Deferred Tax

on the basis of the above explanations the question has been solved below:-

Particulars Amount

Current Year Income as per financial accounting $ 48,000

Current Year Taxable Income as Income Tax Laws $ 38,000

Current Year Tax Payable on Income Taxable under Federal Income Tax Laws $ 5,600

Current Year Tax Payable on Income as per financial accounting $ 7,600

Deferred Tax Asset to be recorded in Books of Accounts $ 2,000

Tax Rate to be used to record Deferred Tax Asset in Books = 20%

5 0
3 years ago
Read 2 more answers
Which of the following is true of packaging and labeling?a) An advantage of packaging is the low cost required for the process.b
julsineya [31]

Answer: Option B

Explanation: Packaging is the process of protecting the product so that its distribution and sales could be done easily and effectively. Apart from protection, the packaging of a product enhances its value and give it distinct feature over other product.

Labeling refers to the process of describing something using a word, phrase or sometimes even a picture.

Both packaging and labeling gives an identity to the product. It gives the idea to the customer of the company making such product, this further results in brand loyalty from the customers, thus, a stronger customer base.

From the above we can conclude that the correct option is B.

 

4 0
3 years ago
Michael works as a financial advisor in a doctor’s office. The two organizations that Michael most likely belongs to are the
Zigmanuir [339]
<span>AFP and AMA

AFP american family physician
AMA american medical association</span>
8 0
3 years ago
Read 2 more answers
Which group is most likely to utilize a tax advantages instrument such as an ira?
inysia [295]
The small investor is the group that are able to day trade and most likely able to invest across different industries. They also utilize a tax advantages instrument such as IRA. This also a group that would face less red tape.



7 0
3 years ago
Why do governments regulate natural monopolies? To allow only certain consumers to have access to goods and services To have acc
Sav [38]
The answer to this would be the 4th option. Because monopolies allow businesses to compete against each other for profit and reputation. Without monopolies, people would only choose one company over the other because it just is more superior. Monopolies is what make businesses grow, and unfortunately, they aren't a good thing at times.
3 0
2 years ago
Read 2 more answers
Other questions:
  • Consider a market where production of a good generates a negative externality. In the market equilibrium:_________.a. there is n
    7·1 answer
  • A large generational divide involves the use of technology. people over 65 are less likely to use technology than younger indivi
    12·1 answer
  • If real gdp per capita in the united states is $8,000, what will real gdp per capita in the united states be after 5 years if re
    11·2 answers
  • If consumers view cappuccinos and lattés as substitutes, what would happen to the equilibrium price and quantity of lattés if th
    10·1 answer
  • The financial statements for Lexington Service Company include the following items
    12·1 answer
  • The market value of which of the items would be considered double (or multiple) counting in the calculation of GDP? Indicate the
    8·1 answer
  • GIVING AWAY BRAINLIST
    6·2 answers
  • Mr. Decker invested $20,000 in cash in his business.<br> How does the company record the investment?
    11·1 answer
  • Consider the following information:
    15·1 answer
  • In addition to providing products and services, which of the following can a business often create? Need for economic policy cha
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!