All categories

3 years ago

Regarding the relationship between inventory management and JIT systems, which of the following (if any) are true?

Business

1 answer:

IRINA_888 [86]3 years ago

7 0

Answer:

Options A and D are true.

JIT systems require careful inventory management.
JIT systems work very well if supplier and manufacturer inventory systems can be integrated into one system.

Explanation:

Doing JIT accurately infers having exact interest gauges and attention to buyers' buying propensities consistently. Any miscomputation could have a significant negative effect on business capacities.

For it to get effective, JIT conveyance needs a profoundly responsive and adaptable production network. The responsiveness level is characterized by how quick the store network can adjust to oblige the 4 essential spaces of adaptability in light of an outside upgrade like a shopper request: item, volume,

You might be interested in

You have commissioned a local survey to see what consumers are most interested in.

Montano1993 [528]

Based on the survey data, what can be concluded about the market for coffee shops in the area?

Saturation has been reached.

According to the survey data, which business likely has the least supply in this town?

Shoe stores

8 0

3 years ago

Read 2 more answers

Suppose the following information is available for Callaway Golf Company for the years 2022 and 2021. (Dollars are in thousands,

MrRissso [65]

Answer:

2022 2021

EPS $1.12 $0.99

Explanation:

EPS = NET INCOME / no of shares outstanding

= $75801000/68000000 =1.12 (2022)

= $68855000/ 69820000= 0.99 (2021)

3 0

3 years ago

Rockeagle Corporation began fiscal Year 2 with the following balances in its inventory accounts.

irinina [24]

Answer:

I solved this manually. please try to follow up with the calculations.

ending inventory balance of

a. Raw material = $31000

b. work in progress = $49000

c. finished goods = $19000

Explanation:

for raw material:-

balance at beginning 30,000 + purchase of 125000 - issue of 124000

= 30000+125000-124000

= 31,000

the ending balance is 31000

for work in progress inventory:-

beginning inventory 45000 + 124000 current cost of issued material + 162000 direct wages + overhead 24000

= 45000+124000+162000+24000

= $355000

we subtract 306000 costs of goods manufactured from this value

= $355000-306000

= 49000 wip ending balance

for finished goods inventory:-

begining inventory 14000 + 306000 costs of goods manufactured - 301000 costs of goods sold

= 14000+306000-301000

= $19000

2. schedule for costs of goods manufactured:-

beginning inventory 30000 + purchase 125000 - ending inventory

= 30000+125000-31000

= 124000

124,000+162000 labour cost+24000

total cost of manufacturing = 310000

310000+begining wip of 45,000 - ending inventory of 49000

= 310000+45000-49000

= 306,000 costs of goods manufactured

we add this value to beginning inventory of finished goods-ending inventory

= 306000+14000-19000

= $301000 costs of goods sold

3. income statement:-

revenue of 400000 - 301000 costs of good sold = 99000

99000-36000 selling expenses

= $63000

4 0

3 years ago

What cortex is the decision-making and planning center of consciousness

adelina 88 [10]

Prefrontal cortex is the decision-making and planning center of consciousness.

<h3>What is prefrontal cortex?</h3>

The prefrontal cortex is said to be the seat of planning.

The cortex is a part of the brain which is the control of all mind activity. The prefrontal is located at the front of the brain and it helps planning of activities.

Therefore, prefrontal cortex is the decision-making and planning center of consciousness.

Learn more on planning below,

brainly.com/question/25453419

#SPJ12

3 0

2 years ago

Which of the statements below is FALSE? A. The balance sheet reports the performance of the firm over the past period. It summa

Colt1911 [192]

Answer:

A. The balance sheet reports the performance of the firm over the past period. It summaries and categorizes a company's revenues and expenses for that period.

Explanation:

The balance sheet is a financial document or statement that shows a company's total assets at a particular time. It indicates how the assets are financed. A balance sheet reports the net worth of a business. It shows the assets, the liabilities, and the shareholders' equity.

The preparation of a balance sheet follows the principle of assets equals the sum of liabilities and equity. It does not record incomes of expenses of a business for a financial year. The income statement is the financial report that shows the revenue and expenses of a company in a period.

7 0

3 years ago