Answer:
As background to the answer, it is germane to note that Supply chain management is one of the most crucial task for any global organisation. It speaks to the position of the company and distribution of its product all the way from the producer to the end user.
The two philosophies which are used to help manage operations in supply chain are:
- Just in time philosophy and
- Lean Philosophy
Explanation:
- Just in time philosophy: This originally referred to the production of goods to meet customer demand exactly, in time, quality and quantity, whether the `customer' is the final purchaser of the product or another process further along the production line. It has now come to mean <em>producing with minimum waste.</em> "Waste" is taken in its most general sense and includes time and resources as well as materials.
It main objectives are:
- Continuous improvement
- Eliminating waste.
- Good housekeeping- workplace cleanliness and organisation.
- Set-up time reduction
2. <em>Lean</em> is a concept, a philosophy, a practice, and a set of tools all wrapped in one. For more than 5 decades, businesses have invested time and money adopting the principles of Lean (while originated at Toyota Corporation for manufacturing operations, the principles of Lean have since spread to many types of businesses and functional areas).
It's core objectives are:
- the biggest objectives of Lean Philosophy is to reduce costs and improve customer service
- A Lean organization focuses on providing the best quality within the shortest possible lead time, while minimizing waste throughout your processes (waste being classified as any resource that is not being used properly)
Cheers!
NYDA - National Youth Development Agency is an organization that aims to help the youth develop skills and be eligible for employment.
NYDA has a grant program that aims to assist young entrepreneurs in starting up their businesses and making these businesses grow.
NYDA has grants available for youths seeking funding for their business like (but not limited to) cleaning companies, recycling companies, car washes, vendors, and many small scale businesses.
I believe this shouldn't affect him since he is 75 years old, past the 65 retirement age. So the $50K from this IRA can be withdrawn tax free. If he moved the funds to a checking account BEFORE 65, then it would be taxable. Check with a financial advisor.
Answer:
Jacobsen Corporation
Income from continuing operations of $621,000 will be reported.
Explanation:
The income from continuing operations is the same thing as the operating income. It is the pre-tax income that is reported on Jacobsen Corporation's income statement for the year ended December 31, 2016. The tax rate of 30% is applied on this figure to obtain the income tax expense for the year. But, for Jacobsen that has other unusual items, these are taken into consideration before the income tax is imputed to obtain the after-tax income.
Answer:
A. aggregate demand intersects short-run aggregate supply
Explanation:
Short run occurs when the amount a firm wishes to supply is equal to the amount demanded from the consumers. It is the area on the graph where the aggregate demand curve intersect with the short run supply curve.
Or, simply put, when the aggregate output supplied is equal to the aggregate output demanded. The equilibrium is made up of equilibrium prices and quantity.
