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Ann [662]
3 years ago
9

In the context of a production process such as a manufacturing plant, what is the technique used to identify all of the value-ad

ding as well as non-value-adding processes that materials are subjected to within a plant, from raw material coming into the plant through delivery to the customer?
Business
1 answer:
andre [41]3 years ago
6 0

Answer: Value stream mapping

Explanation:

Value stream map is a visual representation of the steps that were taken in a process from the start of the process till the moment it gets to the customer.

The technique is used in the identificstion of all of the value-adding as well as non-value-adding processes that materials are subjected to within a plant, from raw material coming into the plant through delivery to the customer.

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One measure of ____ is the extent to which the work of the department affects the final output of the organization.
Sophie [7]

Answer:

Centrality

Explanation:

Remember, a less central organization means more freedom. However, when the work of the departments in an organization can adversely affects the final output of the organization it tells us how central the organization is.

This Implies that the organization is following a structured system in which flexibility is not possible, and as a result any issues at other departments might affect output.

6 0
3 years ago
James is in the process of purchasing a new home. he is going back and forth with the sellers over the one issue of the selling
uranmaximum [27]

The sellers and the buyer are engaging in a positional negotiation.

 

<span>A positional bargaining is a strategy in negotiating which involves insisting a fixed price and not bending it to the other. Both negotiators will argue for what they want and not anything else (in this case: the price), without considering the motives of both parties.</span>

7 0
3 years ago
Read 2 more answers
Doyle Company issued $381,000 of 10-year, 7 percent bonds on January 1, Year 1. The bonds were issued at face value. Interest is
nexus9112 [7]

Answer:

Year 1:

Issue of bonds:

Dr Cash                  $381,000

Cr  Bonds payable                  $381,000

Purchase of  land:

Dr Land                 $381,000

Cr Cash                                  $381,000

Receipt of lease rental:

Dr Cash                $73,500

Cr Lease revenue                 $73,500

Payment of coupon interest:

Dr interest expense  $26,670

Cr Cash                                     $26,670

Year 2

Receipt of lease rental:

Dr Cash                $73,500

Cr Lease revenue                 $73,500

Payment of coupon interest:

Dr interest expense  $26,670

Cr Cash                                     $26,670

Find attached t accounts.

Explanation:

Upon the issue of bonds for $381,000 the cash account would be debited with $381,000 while bonds payable account is credited with $381,000.

However,when the cash proceeds is invested in land,the land account would be debited with $381,000,while the cash account is credited with $381,000.

Besides,on receipt of annual lease rental the cash account is debited with $73,500 while the lease revenue is credited with $73,500.

The coupon interest is $381,000*7%=$26670

This would necessitate debiting interest expense with $26,670  while cash is credited with same amount.

Download xlsx
8 0
3 years ago
People most likely need to take out a mortgage when they have bad credit. are making a large purchase. are spending less than $1
Dmitrij [34]

Answer:

are making a large purchase.

Explanation:

When people tend to make large purchase, that is purchase which involves huge amount, for example: new house, new car.  They require help of financing as initially they are not able to pay the lump sum amount, rather paying instalment makes it easy to do so.

As for an average earning person paying instalment is easy, but paying heavy amounts in a go are not, even if someone manages to have those savings, they do not want to spend it all, rather keep them for any discrepancies.

8 0
3 years ago
Starting from a trade balance, if the world interest rate falls, then, holding other factors constant, in a small open economy t
Sati [7]

Answer:

domestic investment will <u>increase</u> and net exports will <u>decrease</u> .

Explanation:

Previously in trade balance, If world Interest falls : It becomes comparatively  lesser than relatively higher domestic interest rate. And makes domestic country a lucrative investment destination. This relatively higher domestic will lead to capital inflows & increase domestic investment.

When our currency is demanded more for capital inflows, its excess demand in foreign exchange market appreciates the currency & reduces exchange rate. At lower exchange rate & appreciated currency value, our exports become expensive & imports cheaper. This reduces exports & increases exports , hence reduces Net Exports.

5 0
3 years ago
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