1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ray Of Light [21]
3 years ago
15

Imagine that a major car company has been able to plan production to coincide with sales forecasts. As new inventory comes into

the showroom, customers purchase it, and there is no unsold inventory and no unfilled orders. How can we best describe this phenomenon?
Business
1 answer:
inessss [21]3 years ago
5 0

Answer:

JIT production and JIT purchasing

Explanation:

JIT production and JIT purchasing under this process entity does not have extra material in stores and extra inventory produced.

as per the just in time

there is no benefit of holding inventory at stores

producing extra units does not add value they are useless until they are sold.

According to just in time inventory should be purchased when order has been placed and production process should start in order to meet the customers orders.

there are some conditions for this process

there should be very system to meet the order  on time

there should be relaible production system units produced should not be poor quality goods

there should reliable suppliers to supply the material on time to meet the customers orders and avoid the stock out costs.

You might be interested in
Bellingham Company produces a product that requires 2.3 standard pounds per unit. The standard price is $3.45 per pound. 15,700
Andru [333]

Answer:

A) Price       7,080     U

B) Quantity 4,630.5  U

C) Total        11.710,5‬ U

Explanation:

DIRECT MATERIALS VARIANCES

(standard\:cost-actual\:cost) \times actual \: quantity= DM \: price \: variance

std cost  $3.45

actual cost  $3.65

quantity 35,400

difference  $(0.20)

(0.2) \times 35,400 = DM \: price \: variance

price variance  $(7,080.00)

(standard\:quantity-actual\:quantity) \times standard \: cost = DM \: quantity \: variance

std quantity 36110.00

actual quantity 35400.00

std cost  $3.45

difference 710.00

(710) \times 3.45 = DM \: quantity \: variance

quantity variance  $2,449.50

Total Variance: 2,449.5 - 7,080 = -4.630,5‬

8 0
3 years ago
peanut butter and jelly are complements. if there is a decrease in the price of jelly, producer surplus in the peanut butter mar
ololo11 [35]

If the price of jelly decreases, the demand for peanut butter, a complementary good to jelly, will increase. The increase in the demand for peanut butter will cause the price of peanut butter to rise.

Peanut butter is a food paste or spread crafted from ground, dry-roasted peanuts. It typically consists of extra components that alter the flavor or texture, which include salt, sweeteners, or emulsifiers. Peanut butter is fed on in many countries. The USA is the main exporter of peanut butter and one of the most important clients of peanut butter annually in step per capita. January 24 is National Peanut Butter Day inside the u.S.. Peanut butter is a nutrient-rich food containing high levels of protein, numerous vitamins, and nutritional minerals. Its miles typically served as diffusion on bread, toast, or crackers, and used to make sandwiches (extensively the peanut butter and jelly sandwich). It's also used in some breakfast dishes and desserts, inclusive of granola, smoothies, crepes, cookies, brownies, or croissants. It's far much like other nut butter such as cashew butter and almond butter.

Learn more about peanut butter here

brainly.com/question/23636252

#SPJ4

8 0
1 year ago
Comment les marchés imparfaitement concurrentiels fonctionnent-ils?
Evgen [1.6K]

Answer:

Dans un environnement de concurrence imparfaite, les entreprises vendent différents produits et services, fixent leurs propres prix, se battent pour des parts de marché et sont souvent protégées par des barrières à l'entrée et à la sortie, ce qui rend plus difficile pour les nouvelles entreprises de les concurrencer.

Explanation:

3 0
2 years ago
JCPenney Company is expected to pay a dividend in year 1 of $1.65, a dividend in year 2 of $1.97, and a dividend in year 3 of $2
arlik [135]

Answer:

c = $71.80.

Explanation:

So, from the question above, it is given that the dividend in the first year = $1.65, the dividend in the second year = $2.54, the dividend for the third year  grows at the rate of 8% and the appropriate required return for the stock = 11%.

The first thing to do here is to determine the terminal value. The terminal value can be calculated as below as;

Terminal value = [ 2.54 × ( 1 + 8/100) ÷ (11/100 - 8/100) ]  = 91.44

The value of the stock today can be calculate as be as:

The value of the stock today = 1.65 / (1 + 11/100 )¹ + 1.97 /  (1 + 11/100)² + 2.54 / (1 + 11/100)³ + 91.44 /  (1 + 11%)³ = $71.80.

Therefore,  stock should be worth $71.80 today.

7 0
3 years ago
Reasons for youth unemployment
TEA [102]
Most youths don’t want to work, and some that do find it hard getting a job because no one wants to give them a chance. Most places ask for experience in that field but how can I have experience if no one ever gave me a try also the older folks don’t want to give up their seat at the table for anyone.
7 0
3 years ago
Other questions:
  • The amount of the check is written in how many places?
    14·2 answers
  • Carol Byrd gets a student rate of $30.00 a month. There is a $250 deductible; but no coinsurance payment. She recently received
    9·1 answer
  • How can competition in a scarce labor market affect wages?
    10·1 answer
  • What are some of the reasons businesses fail?
    6·1 answer
  • How much is one euro in american dollars?
    15·1 answer
  • Rowan Quinn Company manufactures kitchen appliances. Currently, it is manufacturing one of its components at a variable cost of
    14·1 answer
  • Cushing Manufacturing assigns overhead based on machine hours. The MillingDepartment logs 1,800 machine hours and Cutting Depart
    13·1 answer
  • Kari has been saving money for college for the past four years; she thinks that she is close to her goal amount of $30,000 which
    12·1 answer
  • Which of the following statement best describes about quantitative research method.
    15·1 answer
  • Involves being deeply committed to something and sticking with it on a long-term basis? self-determination resilience grit
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!