Answer:
The law of diminishing marginal utility says that the marginal utility from each additional unit declines as consumption increases. 1. The marginal utility can decline into negative utility, as it may become entirely unfavorable to consume another unit of any product.
Answer:
False
Explanation:
It's not prepared for each correspondent.
Answer:
Production budget 17,900
Explanation:
First, we will calculate the units requirement, that will be the sales for the quarter and the desired ending inventory:
sales of Q1 15,000
desired ending 20% of Q2 sales
20% x 35,000 = 7,000
Total requirement 22,000
Next we subtract the beginning inventory, because those units are already produced, so it decrease our production needs
Total requirement 22,000
beginning inventory (4,100)
Production budget 17,900
Answer:
False ( "Large lot sizes" is not considered essential for JIT )
Explanation:
Just in time is an arrangement and alignment of raw material supply with the production process of the business. It minimizes the holding cost, lead time required for delivery of raw material, the setup times and sizes of orders.
The Large lot sizes is not a characteristics of JIT because it may requires the storage facility to place the large orders until used in production which might increase the holding cost.
So, Large Lot Sizes are not considered essential for a comprehensive JIT implementation.
Answer:
the correct answer is
D. Organizational impact analysis
good luck
