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Evgen [1.6K]
3 years ago
8

In _________, machines are designed to do multiple tasks so that they can produce a variety of products.

Business
2 answers:
zhenek [66]3 years ago
4 0
<span>flexible manufacturing</span>
DENIUS [597]3 years ago
3 0

Answering the question, in flexible manufacturing, machines are designed to do multiple tasks so that they can produce a variety of products.

A flexible manufacturing system (FMS) refers to a production technique that is developed to easily adjust to changes in the amount and types of product that is being manufactured

<h2>Further Explanation</h2>

It is an automated machine cell that is made up of different categories of processing workstations which are linked together with automated materials handling and storage.

A flexible manufacturing system can have a positive impact on production; it can also reduce a company's cost of production. A flexible manufacturing system can also be a major part of a build-to-order strategy whereby consumers can request to customize the product they desire.

This production method can be very expensive, buying and setting up the equipment that will perform such task will attract a higher upfront cost.

Also, humans are required to effectively control the operation of the flexible manufacturing system.

Some of the functions mainly performed by humans in this production method include

  • Replacing and settings the tools in the system
  • Offloading the finish parts from the manufacturing system
  • Placing the raw work parts into the manufacturing system and many more

The idea behind a flexible manufacturing system was developed by Jerome H. Lemelson.

LEARN MORE:

  • manufacturing brainly.com/question/13439850
  • manufacturing brainly.com/question/13184944

KEYWORDS:

  • flexible manufacturing
  • machines
  • production
  • automated machine
  • method
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On April 17, 2014, Naughton Ltd. received an order from a customer for a delivery to be made in May 2014. Naughton Ltd. does not
Sloan [31]

Answer:

There is no entry to be made on April 17, 2014

Explanation:

Following The accrual principle - an accounting concept that requires accounting transactions to be recorded in the time period in which they actually occur, rather than the period in which the cash flows related to them occur or the transaction are received.

On April 17, 2014, Naughton Ltd. received an order from a customer for a delivery to be made in May 2014 and the delivery does not occur yet on that day. I should be occur in May 2014.

Therefore, there is no entry to be made on April 17, 2014. In May, when the company finish delivering, the entry would be made:

1. Debit Cash (or Accounts Receivable) $11,000

Credit Revenue $11,000

2. Debit Cost of goods sold  $7,500

Credit Cash $7,500

8 0
3 years ago
Information for Hobson Corp. for the current year ($ in millions):
madam [21]

Answer:

Income before tax of $17,000,000

net income                   $12,750,000

Explanation:

Hobson income from continuing operations can be computed by eliminating transactions relating to discontinued operations from the details provided:

Income from continuing operations     $215,000,0000

additional warranty expense                  ($70,000,000)

additional depreciation                           ($145,000,000)

non-deductible portion of advertising        $17,000,000

income before tax                                        $17,000,000

tax  at 25%*$17 million                                    ($4,250,000)

Net income                                                      $12,750,000  

8 0
4 years ago
Closing entries are journalized and posted:_______.
Gnoma [55]

Answer:

The correct answer is letter "B": after the financial statements are prepared.

Explanation:

A closing entry is a journal entry after the preparation of the financial statements, at the end of an accounting period. This closes a temporary account and moves all the information either to a permanent balance sheet or to the income statement. Temporary accounts include revenue, expenses, and dividends and must be closed at the end of the year.

6 0
3 years ago
The financial records of LeRoi Jones Inc. were destroyed by fire at the end of 2014. Fortunately, the controller had kept certai
Stolb23 [73]

Answer:

LeRoi Jones Inc

Income statement for the year 2014

Sales (100/8 × $100,000)                                                 $1,250,000

Less Cost of Sales

Beginning merchandise                                  $92,000

Add Purchases                                               $481,600

Less Ending merchandise ($92,000 - 20%) ($73,600)  ($500,000)

Gross Profit                                                                         $750,000

Less Expenses :

Sales Discounts                                                  $17,000

Interest expense                                               $20,000

Administrative expenses ($500,000 × 20%) $100,000 ($137,000)

Profit before tax                                                                  $613,000

Income tax expense at 30%                                             ($183,900)

Net Income / Loss                                                              $429,100

Earnings Per Share                                                                 $21.46

Explanation:

Notes on income statement preparation

Use the statistical data to fill in the line items of the Income Statement as shown above.

For the Calculation of Sales, first calculate the administrative expenses. Apply the 8% on the administration cost to find sales at 100%.

Earnings Per Share = Earnings attributable to holders of Common Stock ÷ Weighted Average Number of Common Stock

                                = $429,100 ÷ $20,000

                                = $21.46

8 0
4 years ago
Suppose Congress passes legislation that offers subsidies to orange farmers. The impact on the market for orange juice will be a
Dmitrij [34]

Answer:

<u>the supply curve</u>

Explanation:

Remember the supply curve shows the relationship between the amount of a commodity that a producer (or orange farmer) is <em>willing </em>to offer and at a particular price at any given time.

Because of the subsidies to orange farmers we expect the price of orange to become lesser in the future. Therefore the rightward shift occurs in supply curve for oranges due to favorable changes such as the new legislation which may lead to:

  1. Reduction in tax,
  2. Reduction in cost of factor of production,
  3. Expectation of fall in price in future,

3 0
4 years ago
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