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Katarina [22]
3 years ago
10

In a lean system, work-in-process inventory is reduced to reveal production problems, which can then be

Business
1 answer:
Y_Kistochka [10]3 years ago
8 0

Answer:

A.

Explanation:

Lean system, also called lean manufacturing, is a continuous elimination of waste from all process, using the ideas of all employees, especially those at the lower levels of the organization.

Process of Inventory Tracking:

-Sensors. to track real time movements and location of raw materials, work in progress and finished goods, and high value tooling.

-Analytics. to optimize inventory on hand and automatically signal for replenishment.

Advantages:

-This process freeing up employees for more valuable tasks.

-Inventory accuracy.

-Cost cutting.

-Improved data visibility.

-Preventing stock issues.

-Better customer service.

You might be interested in
what are the positives and negatives of starting your career planning now while still in middle school?
andrey2020 [161]

+ is you know what you are looking for in life, what are your goals and what you need to do to achieve them.

- is getting bored soon (changing your mind), and not enjoying your childhood.

I hope i helped :)

6 0
2 years ago
Mike’s Motors Corp. manufactures motors for dirt bikes. The company requires a minimum $30,000 cash balance at each month-end. I
Stolb23 [73]

Answer:

Mike's Motors Corp.

Cash Budget for July, August, and September:

                                          July           August        September       Total

Beginning balance        $32,000     $30,000         $30,000       $32,000

Cash receipts                  83,000      109,000          148,000       340,000

Bank borrowings            26,000           0                   0                  26,000

Total receipts                 141,000       139,000         178,000      $398,000

Cash Payments              111,000        97,900          125,400        334,300.00

Interest                                                    520                 308.40          828.40

Loan repayment                                 10,580            15,420          26,000.00

Total payments              111,000      109,000            141,128.40    361,128.40

Minimum cash balance 30,000       30,000             36,871.60     36,871.60

Explanation:

a) Data and Calculations:

            Cash  Receipts   Cash  Payments

July            $ 83,000        $ 111,000

August        109,000           97,900

September 148,000          125,400

Minimum cash balance = $30,000

Interest on borrowings = 2% per month

July ending:

Borrowing to maintain minimum cash balance = $26,000

Interest for August = $520 ($26,000 * 2%)

August ending:

Loan balance = $15,420 ($26,000 - $10,580)

Interest for September = $308.40 ($15,420 * 2%)

8 0
2 years ago
Project managers should try to _____ the size of teams or subteams to avoid making communications too complex.
natta225 [31]

Project managers should try to limit and decrease the size of teams or subteams to avoid making communications too complex.

<h3>How do project managers manage communication in the workplace?</h3>

Successful project managers communicate through a variety of channels using both formal and informal means. This increases the likelihood that messages will be received. To lessen the likelihood of a communication breakdown, use straightforward language, stay on topic, keep messages brief, and provide all the information in one location.

6 effective methods for project team communication

1. Gather frequently. Hold regular team meetings to discuss strategies. ...

2. Be welcoming. ...

3. Be frank, precise, and succinct. ...

4. Display some decency. ...

5. Realize that you might not always be right. ...

6. Utilize online teamwork tools.

To know more about communication management, visit:

brainly.com/question/1165906?

#SPJ4

3 0
1 year ago
You are the manager of a movie theater that is the only one in a local market, so you have strong market power. You have extensi
Gre4nikov [31]

Answer: b. Set higher prices to the students as their demand is relatively more inelastic.

Explanation:

Price elasticity of demand measures the change in quantity demanded to changes in price levels.

If demand is inelastic, a small change in price has a small effect on quantity demanded. An inelastic demand usually has a coefficient of less than 1.

The elasticity of demand for students and senior citizens are both inelastic but that of the students is greater than that of senior citizens. They are less responsive to price changes when compared with senior citizens.

7 0
3 years ago
Assume the stock return for the next month is a random variable that follows a Normal distribution with the mean 1.5% and the st
EleoNora [17]

Answer:

Check the explanation

Explanation:

The price of the original asset is the same amount as the expected future price which are being discounted at the risk-free rate.

Price of Customized Derivative= Probability of return>0.2%*Pay off+ Probability of Return<0.2%*Payoff/(1+r)^T

= 0.5*$4000000+0.5*$1000000/(1+0.002)^1

=2000000+500000/1.002

=2000000+499001.99

$2499001.99

8 0
3 years ago
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