Answer:
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51.2 days in inventory ratio decrease as a result of the switch to the JIT system
Explanation:
Just in time (JIT) output is a process technique designed to reduce the processing cycles of production systems, as well as the reaction times of manufacturers and consumers. JIT production allows companies, while lowering costs, to manage variation in their operations.
Inventory turnover shall be calculated by the split price of products sold by average stock before days in inventory can also be determined.
Inventory turnover = 3.9 times ($624,000/160,000) in 2016 and
8.6 times ($688,000/80,000) in 2017.
Dividing 365 by stock days in every statistic results of 93.6 and 42.4 days, respectively, a decrease of 51.2 days.
Answer:
Better financing options. ...
Already established brand. ...
Existing customers. ...
Well-established supply chain. ...
Access to trained staff and proven internal processes. ...
More financial reward in growth. ...
Greater likelihood of success.
Explanation:
Answer:
b. 16 utils.
Explanation:
price of one apple = $0.75
marginal utility from consuming one apple = 24
utils per dollar (from apples) = 24 / $0.75 = 32 utils per dollar
since each banana costs $0.50, Hugh must be obtaining a marginal utility = 32/$ x $0.50 = 16 utils from one banana
when you maximize your marginal utility, the utils per dollar must be equal for both products
Assists maybe that's ify so sorry