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iVinArrow [24]
3 years ago
8

Garage corp. uses a traditional production environment. its competitor uses lean production and just-in-time (jit) manufacturing

. which is true for garage corp
Business
1 answer:
Rus_ich [418]3 years ago
3 0
Garage corp. uses a batch-and-queue or batch-and-wait production system wherein the sub-assembly or the partially completed product is move to the work-in-progress (WIP) location, the next department to take it from WIP location, perform an operation on them and then forward the resulting work into the next WIP location to wait once again. This procedure continuous until the final product is completed. Using this system, the Garage corp. produces and maintains large inventories since it drives products to lower average unit cost, so they need to produce more products and the more products produced, the greater the inventory asset. They will produce products of low quality since workers in traditional production do not have major responsibility for quality control during their work. They strive for efficiency which means producing the best yield at the lowest cost from the available resources but in the expense of effectiveness which is the degree where an objective or target is met. It is doing something right but not doing it right. And lastly they have an information loss between its organizational areas because they operate in a disconnected manner with little integration and communication.
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Match the following terms to the correct definition. A measure of process output divided by input that helps us determine the ef
padilas [110]

Answer:

3.

2.

5.

4.

1.

Explanation:

A measure of process output divided by input that helps us determine the effectiveness of the process. 3. Productivity  

A measure of process output divided by only one input of the many possible inputs required to make the desired output. 2. Single-Factor Productivity  

The measure of process output divided by more than one input, where those inputs must be expressed in a common unit of measure, like dollars. 5. Multi-Factor Productivity  

A measurement of the actual output relative to the standard output expected (effective capacity). 4. Efficiency  

A measurement of the actual output relative to the optimal output expected (design capacity). 1. Utilization  

7 0
4 years ago
Skysong, Inc. reported net income of $194,500 for 2020. Skysong also reported depreciation expense of $47,500 and a loss of $6,2
Elza [17]

Answer:

Net cashflow from operating activities =$271,400

Explanation:

<em>The cash flow statement is a financial statement that provides information about the sources and the usage of cash during a particular accounting period usually a year.</em>

It provides the cash inflow and outflows under three (3 ) categories of activities operating investing, financing.

The net operating activities section of the  cash flow is prepared below:

                                                                            $  

Net income                                                      194,500

Add Depreciation expense                             47,500

Add Loss on disposal                                       6,200

Add Decrease in account receivable             18,200

Add Increase in accounts payable                <u>  5,000</u>

Net cashflow from operating activities      <u>271,400  </u>

8 0
3 years ago
The quick ratio of a firm with current assets of $300,000, current liabilities of $100,000 and inventory of $100,000 is
butalik [34]

Answer:

2:1

Explanation:

A firm has a current assets of $300,000

A current liabilities of $100,000

An inventory of $100,000

The quick ratio of the firm can be calculated as follows

Quick ratio= Current assets-inventory/Current liabilities

= $300,000-$100,000/$100,000

= $200,000/$100,000

= 2:1

Hence the quick ratio of the firm is 2:1

7 0
3 years ago
By 2014, nations had become members of the WTO
Leona [35]

By the year 2014, 160 nations had become members of the World trade organization.

<h3>What is the WTO?</h3>

This is an acronym that stand for the The World Trade Organization. The body is the one that is responsible for global trade in all of these 160 countries that are members.

Its basic function is the enforcing of the rules and the regulations that guide global trade.

Read more on the WTO here:

brainly.com/question/11567984

7 0
2 years ago
The receiving department of Owen has three activities: unloading, counting goods, and inspecting. Unloading requires a forklift
SpyIntel [72]

The cost of unloading is $52,000  

Explanation:

Cost is the cash interest that a corporation has expended on sales and accounting to manufacture it. Within an organization, costs represent the amount of money spent on manufacturing or developing a good or service. Price requires no benefit premium.

Resource Unloading Equipment $15,000

Fuel $2,000

Operating Labour = (25% × [4 $35,000] = $35,000) ​

                              = $35,000

Total = $35,000+$15,000 +$2,000  

       = $52,000

5 0
4 years ago
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