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3 years ago

Which of the following is not a way of reducig the costs of operatiions through adopting lean concepts?

Business

1 answer:

Galina-37 [17]3 years ago

3 0

Answer: . Reducing or eliminating process reengineering waste

Explanation:

The ways of reducing the cost of operations by using lean concepts are reducing or eliminating over-production waste, reducing or eliminating transportation waste and reducing or eliminating inventory waste.

Therefore, reducing or eliminating process reengineering waste isn't a way of reducing operational cost.

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Managerial performance can be measured in many different ways including return on investment (ROI) and residual income. A good r

snow_lady [41]

Answer:

The main reason behind using the residual income in place of rate if income is that the manager always goes for that project that gives maximum benefit to the organization.

Explanation:

The main reason behind using the residual income in place of rate if income is that the manager always goes for that project that gives maximum benefit to the organization.

As residual income is referred to income that calculated after deducting all debt and expenses occur on the project. ROI is a way to predict the profit of the project while residual income calculates the net income that the organisation generates from the project.

3 0

3 years ago

3M Co. reports beginning raw materials inventory of $930 million and ending raw materials inventory of $880 million. 3M purchase

Naddik [55]

Answer:

raw material inventory turnover = 4.42

number of days sale in raw materials inventory = 21.97

Explanation:

given data

beginning inventory = $930 million

ending inventory = $880 million

purchased raw materials = $3,956 million

used raw materials = $4,006 million

solution

we get here first raw material inventory for turnover that is

raw material inventory turnover = $\frac{raw\ material\ used}{average\ raw\ material}$ ..............1

here average raw material inventory = $\frac{930+880}{2}$

average raw material inventory = $905 million

so from equation 1

raw material inventory turnover = $\frac{4006}{905}$

raw material inventory turnover = 4.42

and

now number of days' sales in raw materials inventory will be as

number of days sale in raw materials inventory = $\frac{ending\ raw\ material\ inventory}{raw\ material\ used}$ × 365 .............2

put here value

number of days sale in raw materials inventory = $\frac{880}{4006}$ × 365

number of days sale in raw materials inventory = 21.97

8 0

3 years ago

A household appliances manufacturer needs a new parts supplier for its washers and dryers. The manufacturer advertises for compe

enyata [817]

Answer: Supplier selection process

Explanation: The process of selecting a supplier for the procurement of raw material for producing output is referred to as supplier selection process. In this process, the purchases analyzes deals from various alternatives of suppliers and choose the one that maximizes the purchasers profit.

Thus, from the above explanation we can conclude that the given case illustrates the supplier selection process.

4 0

3 years ago

Company C&A sells 600 bottles of a dietary supplement per week at $100 per bottle. The supplement is ordered from a supplier

Katen [24]

Answer:

A. 300

Explanation:

The computation of the economic order quantity is shown below:

= $\sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}$

where,

Annual demand = 600 bottles × 50 weeks = 30,000 bottles

Carrying cost per bottle = $50 × 40% = $20

And, the ordering cost per order is $30

Now put these values to the above formula

So, the value would equal to

= $\sqrt{\frac{2\times \text{30,000}\times \text{\$30}}{\text{\$20}}}$

= 300 bottles

Hence, option A is correct

3 0

3 years ago

The computer now allows the instantaneous transfer of billions of dollars from one country to another. one of the concerns of go

shtirl [24]

It can cause an influx in currency or extreme inflation depending on where it goes

6 0

3 years ago