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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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Alzania produces and consumes​ 500,000 tons of cotton during a year. Reports indicate that​ Alzania's neighbor, which also emplo
Rama09 [41]

Answer:

The answer is: E) workers in Alzania have higher productivity due to better education and training.

Explanation:

Alzania and its neighbor both produce cotton and they both have the same amount of workers in the production of cotton. If Alzania is able to produce more cotton (or any type of product) using the same amount of resources (in this case labor) than its neighbor, we can conclude that Alzania does have an absolute advantage in that industry.

This absolute advantage exists because Alzania's workers are more productive than their neighbor's workers.

For example, lets say both countries have 5,000 cotton workers. Alzania produces 100 tons of cotton per worker, while its neighbor only produces 80 tons of cotton per worker. That means Alzania's workers are more productive, and labor usually gains productivity through education or training.

4 0
3 years ago
A bank loaned out 19,000 part of it at 6% interest per year and the rest at 14% per year. if the interest recieved in one year t
Ksju [112]
Let x be the part of 19,000 that was loaned out at 6% such that the remaining 19,000 - x was loaned out at 14%. The interest is calculated by the equation,

    I = P x i x n

where P is the principal amount, i is the interest, n is the number of years. Substituting the known values,

   2000 = (x)(0.06) + (19000 - x)(0.14)

The value of x from the equation above is 8250.

Hence, 8,250 was loaned out at 6%. 
6 0
4 years ago
Given the data below for production equipment,Initial Cost, P = $50,000 Salvage Value at the end of 5 years, S = $10,000. Deprec
Taya2010 [7]

Answer:

1. B. $8,000

2. C. $7,200

Explanation:

Units or production (UOP) method of depreciation bases the depreciation expense of a machine or equipment on how much it is actually used during the period.

depreciable value = $50,000 - $10,000 = $40,000

depreciation rate per unit = $40,000 / 25,000 = $1.60

Year          Projected Production units         Actual Production units

1                              4,500                                    5,000

2                             5,000                                    4,000

3                             3,500                                    3,000

4                             5,500                                    5,000

5                             6,500                                    Not known

Total                      25,000

depreciation expense year 4 = $1.60 x 5,000 = $8,000

accumulated depreciation year 4 = $1.60 x 17,000 = $27,200

book value = $50,000 - $27,200 = $22,800

if sold at $30,000, gain resulting from sale = $30,000 - $22,800 = $7,200

7 0
3 years ago
how should trash and recyclables be stored food in an area only accessible to employees in a well ventilated space in a manner t
strojnjashka [21]

Trash and recyclables should be stored in the following ways:

  • double bagged and stacked.
  • in a well ventilated space.

<h3>What is pollution?</h3>

Pollution can be defined as the physical degradation, destruction or contamination of the environment, especially through littering of waste products (garbage) or an emission of hazardous, poisonous, and toxic chemical compounds by various factories and industries.

<h3>What is recycling?</h3>

Recycling can be defined as a waste (trash) management technique that involves the process of converting a raw material that has reached the end of its life cycle into new and reusable items.

According to the Environmental Protection Agency (EPA), trash and recyclables should be properly stored through methods that are friendly and unharmful to the ecosystem.

In this context, we can reasonably infer and logically deduce that trash and recyclables should be stored in the following ways:

  • double bagged and stacked.
  • in a well ventilated space.

Read more on trash and recyclables here: brainly.com/question/24588352

#SPJ1

Complete Question:

How should trash and recyclables be stored?

inaccessible to pests

double bagged and stacked

in a well ventilated space

in an area only accessible to employees

8 0
2 years ago
The ideas of Adam Smith and Karl Marx 1. ___ used the metaphor of the "invisible hand" to: a. Describe how the individual pursui
melisa1 [442]

Answer: 1. A - Describe how the individual pursuit of self-interest works to promote the interest of the public as a whole

2. A- Both Adam Smith and Karl Marx believed that humans are motivated by self-interest

Explanation:

1. According to Adam Smith who is known as the father of modern economics stated in his thesis that individual's self-interest and freedom of production as well as consumption is in the best interest of the society as a whole.

Each Individual's free exchange creates signals about which goods and services are valuable. These signals will spontaneously direct competing consumers, producers, distributors, and intermediaries—each pursuing their individual plans— to fulfill the needs and desires of others.

Smith’s invisible hand became one of the primary justifications for an economic system of free market capitalism.

2. Pairing that best describes Adam Smith's view of human motivation in a market economy and Karl Marx's view of human motivation in a communist economy: Both Adam Smith and Karl Marx believed that humans are motivated by self-interest as they both believe that the economy is a capitalist economy that all its good and services are in the hands of private individuals.

7 0
3 years ago
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