the Toyota production system identified product defects types of waste to be eliminated.
The manufacturing process used by Toyota Motor Corporation to produce its vehicles is frequently referred to as a "lean manufacturing system" or a "Just-in-Time (JIT) system," and it is now well known and extensively researched.
The Toyota Production System (TPS) was developed based on two ideas: "jidoka" (loosely translated as "automation with a human touch"), whereby when a problem arises, the machinery immediately stops, preventing the production of defective goods; and the "Just-in-Time" idea, whereby each process only produces what is required for the subsequent process in a continuous flow.
For Toyota, jidoka signifies that anytime an irregularity happens, a machine must stop in a safe manner.
Learn more about Toyota Production System, here
brainly.com/question/9734162
#SPJ4
The process wereby banks make loans equal to amount of their excess recerves and create new checkbook money is known as multiple deposit creation each time a bank recieves a deposit it sets aside some of it to meet reserve requirements and may lend an amount equal to the remaing excess reserves
Options:
A. Subjective statement
B. Misrepresentation of a fact knowing that it is false.
C. Puffery
D. Seller's talk
Answer:B. Misrepresentation of a fact knowing that it is false.
Explanation:The misrepresentation of fact is a term used most often in the legal system to describe one of the steps or attitudes of people who are fraudulently inclined and want to go into contracts.
Misrepresentation of fact is an untrue statement or dishonest acts aimed at fraudulently inducing one or more persons to commit to a contract,this type of activity is abnormal and common to people who want to steal.
Answer:
Debit Credit
Interest Expense 5,157
Long term Bonds 5,157
Explanation:
The 7%bond is issued by the Whispering Corporation on November 1, 2017 and the Whispering Corporation is using effective interest method with an interest rate of 6%, therefore the adjusting entry shall be recorded as at December 31,2017 in respect of interest accrued for two months i.e. November and December 2017 by following amount:
515,707*6%*2/12=5,157
The following adjusting entry shall be recorded in accounts of Whispering Corporation in respect of interest accrued as at December 31, 2017:
Debit Credit
Interest Expense 5,157
Long term Bonds 5,157
