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Ghella [55]
3 years ago
14

1. A system held inventory to protect it from uncertainties in supply. In an effort to be lean, this inventory is used and not r

eplaced, although the uncertainties in supply remain unchanged. What is likely to happen to the operation of the system now?2. Why is vendor-managed inventory considered a lean practice? Does VMI reduce inventory?3. Just as lean systems are also called just-in-time systems, earlier approaches to inven- tory control are sometimes called just-in-case systems. The phrase just-in-case refers to what?4. . What does the lean principle of level scheduling imply about finished goods inven- tory? Is this a contradiction to the philosophy of lean?
Business
1 answer:
Bogdan [553]3 years ago
7 0

Answer:

Answer 1.

In an instance of vulnerabilities in the inventory stays unaltered and inventories being utilized and not supplanted, the organization may miss the mark regarding the provisions to fulfill the need of the clients. Deficiency is just the situation since organization have just arranged the provisions relying upon their prerequisite. On the off chance that the stockpile remains even, the organization will precisely coordinate the interest of the market while in the event of vulnerabilities, there will be deficiencies as it were.  

The activity of the framework may require a move to Just-in-time system to satisfy the needs.  

Answer 2.

Lean work on: Making the business procedure progressively successful by dispensing with the inefficient practices. In, easier words, making high an incentive by utilizing the base assets.  

Seller oversaw stock: It is a methodology where the stock levels (prerequisite of the purchasers) are taken consideration by the providers. The provider pays special mind to the stock degrees of the client and tops off them naturally without looking for the purchaser authorization. Such an agreement for example to not look for authorization is made before-hand.  

VMI is viewed as a lean practice in light of the fact that the provider deals with the stock and timetables the creation as per the necessities of the client. In this manner, wiping out inefficient practices, for example, overproduction, deferred creation.  

Truly, VMI helps in decreasing the stock since recharging of the items happens when these are truly required.  

Answer 3.

Just on the off chance that framework is a stock administration technique which keeps certain measure of assets (man, machine, material) close by so they can be utilized when required without influencing the procedure stream or causing stock-outs.  

In this manner, the expression Just on the off chance that alludes to an any startling situation.  

Answer 4.

Level booking rule alludes to the system answerable for smooth creation stream in a period. The goal of this methodology is to bring down the lopsidedness by coordinating the last item plan with that of the sub-assemblies. To accomplish a level timetable the creation and deals division must work together.  

No, this isn't a logical inconsistency to the way of thinking of the lean. It is on the grounds that, the lean way of thinking likewise takes into account letting down the inefficient practices to improve the procedure and in general effectiveness thus does the level planning searches for.

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In a certain economy, jam and bread are produced, and the economy currently operates on its production possibilities frontier. W
valkas [14]

Answer:

C. The economy experiences economic growth.

Explanation:

When the economy is already working on the production possibility frontier the economic agents are already employed and working on full optimization.

In case of economic growth the production possibility frontier shifts upward and results in producing more jam and bread.

5 0
2 years ago
The wrist watch industry in a country is not very competitive. There are limited brands available and the existing firms use the
Usimov [2.4K]

Answer:

<em>B. she is confusing between price elasticity of demand and income elasticity of demand.</em>

Explanation:

Envy miscalcualte the price elasticy whhich from 1,000 to 1,100 was 12% not the 7% forecasted

The increase in income is a different factor. An increase in income will make the people in the country to consume and/or save more

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In this case, it was -0.12

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3 years ago
Which of the following statements about the relationship between the financial market and the economy is TRUE?
Ber [7]

the economy predicts what happens to the financial market. Example the 2008 recession happened because of the economy lot of people were losing jobs and defaulted on their mortgages which caused the 2007 real estate crash.

3 0
3 years ago
Wizard Co. purchased two machines for $250,000 each on January 2, 2005. The machines were put into use immediately. Machine A ha
faltersainse [42]

Answer:

75,000

Explanation:

The straight-linedepreciation is calculate by dividing the acquisition value over the useful life

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2 years in development project and then 8 years in a production division

total useful life for 10 years

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<u>Total development expense: </u>

machine A depreciation 50,000  + machine B depreciation 25,000 = 75,000

development expense 75,000

      acc depreciation machine A   50,000

      acc depreciation machine B   25,000

4 0
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Compare transnet with a perfect competitor in terms of price and output and profit
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Price: This company is a price maker, therefore, in terms of price, Transnet perfect compitetor is a price taker.

Output: Transnet has the ability to decide the quantity of their output and they have many competitors on this one.

<span>Profit: Transnet might be able to increase their profit but in a competition it would be hard because customers might switch to the competitor. </span>
5 0
3 years ago
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