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EleoNora [17]
2 years ago
14

supply Chain Management textbook JIT inventory systems is to economies on inventory holding costs by having materials arrive at

a manufacturing plant just in time to enter the production process and not before. This _______ the amount of of working capital it needs to finance inventory.
Business
1 answer:
UkoKoshka [18]2 years ago
8 0

Answer:

The correct answer is decreases.

Explanation:

In a Just-in-time system, waste is defined as any activity that does not add value to the customer. It is the use of resources above the necessary theoretical minimum (labor, equipment, time, space, energy). Excess stocks, preparation times, inspection, movement of materials, transactions or rejections can be wasted.

It is not a project at all, but a process. It is not a list of things to do, but a process that helps establish an order of priorities in what is done. The purpose of the JIT method is to improve a company's ability to respond economically to change.

The conventional description of JIT as a system for manufacturing and supplying goods that are needed, when needed and in the quantities exactly needed.

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Which type of savings institution is owned and operated by the same people who have accounts in it
inn [45]

A credit union is owned and operated by the people who have accounts in it. In a traditional bank, the bank is run by a president and a board of higher people. In a credit union, all members of the union own a stake of the company and the board is made up of members of the credit union.

7 0
2 years ago
Read 2 more answers
What is the impact of war in international trade
Bezzdna [24]

The impact of war in international trade includes:

  • restriction of goods to the countries
  • conflict leading to non-agreement on trade
  • low or no trade relationship between countries.

<h3>What is an international trade?</h3>

This refers to the economic transactions that are made or took place between countries.

Hence, any military conflict impact on international trade by causing a restriction of goods to the countries, conflict leading to non-agreement on trade, low or no trade relationship between countries etc.

Read more about international trade

<em>brainly.com/question/15115779</em>

#SPJ1

8 0
1 year ago
On December 31 of the current year, the unadjusted trial balance of a company using the percent of receivables method to estimat
Ymorist [56]

Answer: $4,811

Explanation:

Assuming 6% of outstanding accounts receivable at the end of the current year are estimated to be uncollectible that would be,

= 6% * 98,700

= $5,922

The Allowance for Doubtful Accounts acts as a buffer for the business when bad debts are incurred.

Bad debts are taken from the Allowance as the Allowance has already been removed from the Receivables.

In cases where Bad debts exceed the buffer in the Allowance for Doubtful Debt Account we take everything in it and the remaining bad debt amount is debited to Bad Debt expense.

That would be,

= 5,922 - 1,111

= $4,811

$4,811 is the amount that should be debited to Bad Debts Expense.

3 0
3 years ago
What is the acceleration of an object that has a mass of 4.0 kg if the net force acting on it is 26N
Lynna [10]
Use Newton's Second Law: Fnet = ma
where Fnet = total net force, m = mass of object, and a = acceleration of object.

You are given Fnet = 26N and m = 4.0kg. Plug them into the equation and solve for a:
26 = 4.0a
a = 6.5

The answer is 6.5 m/s^2
7 0
3 years ago
One who buys, stores, and resells large quantities of goods
wel

Answer:

Merchant

Explanation:

They are profiters

5 0
3 years ago
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