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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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COGS counts as a business expense and affects how much profit a company makes on its products.

What are the depreciation expense?

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Explanation:

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Zytel Corporation produces cleaning compounds and solutions for industrial and household use. While most of its products are pro
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Answer:

4,513 approx.

Explanation:

The computation of the minimum number of jars of silver polish is shown below:-

Sales revenue for one jar of silver polish    $5.60

Sales revenue for 1/4 pound of Grit 337     0.85

($3.40 ×  1 ÷ 4)

Incremental revenue from

further processing                                        $4.75

($5.60 - 0.85)

Incremental costs of further processing:

Processing costs                      $2.40

Selling costs                              $0.40          $2.80

Incremental contribution

margin from further

processing into silver polish

per jar                                                            $1.95

($4.75 - $2.80)

Point of indifference denotes the point where all options are equally profitable. But after that we will see that more processing is profitable. This is due to the fixed costs involved in further production.

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