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RideAnS [48]
4 years ago
5

Many fast-food restaurants compete on lean business concepts. Match each of the following activities at a fast-food restaurant w

ith the lean business concept it strives to achieve. Some activities might relate to more than one lean business concept.
_____ 1. Courteous employees

a. Just-in-time (JIT)

b. Continuous improvement (CI)

c. Total quality management (TQM)

_____ 2. Food produced to order

a. Just-in-time (JIT)

b. Continuous improvement (CI)

c. Total quality management (TQM)

_____ 3. New product development

a. Just-in-time (JIT)

b. Continuous improvement (CI)

c. Total quality management (TQM)

_____ 4. Clean tables and floors

a. Just-in-time (JIT)

b. Continuous improvement (CI)

c. Total quality management (TQM)

_____ 5. Orders filled within three minutes

a. Just-in-time (JIT)

b. Continuous improvement (CI)

c. Total quality management (TQM)

_____ 6. Standardized food making processes

a. Just-in-time (JIT)

b. Continuous improvement (CI)

c. Total quality management (TQM)

_____ 7. Customer satisfaction surveys

a. Just-in-time (JIT)

b. Continuous improvement (CI)

c. Total quality management (TQM)

_____ 8. Continually changing menus

a. Just-in-time (JIT)

b. Continuous improvement (CI)

c. Total quality management (TQM)

_____ 9. Drive-through windows

a. Just-in-time (JIT)

b. Continuous improvement (CI)

c. Total quality management (TQM)

_____ 10. Standardized menus from location to location

a. Just-in-time (JIT)

b. Continuous improvement (CI)

c. Total quality management (TQM)
Business
1 answer:
yawa3891 [41]4 years ago
5 0

Answer:

1. C.

2. A.

3. B.

4. C.

5. A.

6. C.

7. B and C.

8. B.

9. A and B.

10. C.

Explanation:

1. Courteous employees is a total quality management (TQM).

2.  Food produced to order is a just-in-time (JIT).

3. New product development is a continuous improvement (CI).

4. Clean tables and floors is a total quality management (TQM).

5. Orders filled within three minutes is a just-in-time (JIT).

6. Standardized food making processes is a total quality management (TQM).

7. Customer satisfaction surveys is both a continuous improvement (CI) and total quality management (TQM).

8. Continually changing menus is a continuous improvement (CI).

9. Drive-through windows is both a just-in-time (JIT) and continuous improvement (CI).

10. Standardized menus from location to location is a total quality management (TQM).

A lean business is a business concept used by organizations to eliminate waste and maximize value for growth and development. The lean business concept include the following;

<em>A total quality management (TQM) is a management framework that is focused on achieving long-term success through the satisfaction of your customers by the efforts of all the member of staff in an organization.</em>

<em>Just-in-time (JIT) is a management framework that is focused on cutting manufacturing costs and increase efficiency between suppliers and consumers through the use of a proper inventory system.</em>

<em>A continuous improvement (CI) is a management technique that is focused on improving manufacturing processes, products and services through the elimination of redundancy and time-wasting activities in an organization. </em>

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Answer: A) Give and explain counter-arguments against the arguments for each side.Note: the "counter-arguments" you are asked to give should oppose or answer the arguments on the other side as directly and convincingly as possible. They should not be simply unrelated arguments on the opposite side of the issue.

Explanation: When is talking about security is important to have different views, firstable you need to establish which are going to be your claims, premises or arguments, once you got it is important to search for information which can support your ideas, and once you have found it, counter-arguments are necessary to understand which are your weakest point, you need to know your counter-arguments and how people are likely to attack you, once you know the weak part of your speech you can defend it.

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4 years ago
A piece of labor-saving equipment has just come onto the market that Mitsui Electronics, Ltd., could use to reduce costs in one
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Answer:

Mitsui Electronics, Ltd.

1a. Payback period = 5.6 years

1b. No.  The equipment would not be purchased if the company requires a payback period of four years or less.

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2b. Yes. The equipment would be purchased if the company's required rate of return is 13%.

Explanation:

a) Data and Calculations:

Purchase cost of the equipment = $ 448,000

Annual cost savings that will be provided by the equipment = $ 80,000

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Initial cost of the equipment = $448,000

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2b. Yes. The equipment would be purchased if the company's required rate of return is 13%.

6 0
3 years ago
Select the correct answer.
Yuki888 [10]

Answer:

The answer is A

Explanation:

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3 years ago
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Answer:

Direct material purchase budget = 546,000  pounds

Explanation:

<em>Raw material purchase budget is determined by adjusting the raw material usage budget for opening and closing inventory of materials. </em>

Purchase budget = usage budgeted + closing inventory - opening inventory

Usage budget = Production budget × standard materials per unit

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Purchase budget =516,000  + 380,000 - 350,000=546,000

Direct material purchase budget = 546,000  pounds

8 0
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Answer:

C. A decrease in the quantity demanded

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Price Elasiticity

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<u>When the demand of a product is sensitive to the changes in price, then we say that price of the product is elastic</u> but if the product demand not strongly influenced  by price then we say that the pricing is inelastic.

In the case of the lettuce, we can say that the price is elastic, because there is a sensitive reaction between an increase in price from $1 to $2 which immediately leads to a halfing of the quantity demanded. The price is elastic such that an increase in price leads to a decrease in quantity demanded.

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