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Rudik [331]
3 years ago
14

Inventory managers at SYX Enterprises utilize an inventory coetrol system where materials are scheduled to arrive just as they a

re neoded on the production line. Thi is referred to as:
a restructuring.
b. force-feld control.
c. total quality management.
d. just-in-time inventory control.
e. none of these.
Business
1 answer:
Sauron [17]3 years ago
6 0

Answer:

d. just-in-time inventory control.

Explanation:

Just-in-time( JIT) inventory-management style is an approach where production materials are availed only when they are needed for the production process. The company does not hold any stocks in its stores. JIT keeps the cost of inventory management low as the company orders for what it needs at that moment.

Just-in-time seeks to increase efficiency by reducing wastage and damages associated with ordering and holding large quantities of stocks. JIT aligns customers orders with the production process. In other words, customers demand drives production.  

The success of JIT depends on the management ability to forecast demand accurately and the availability of reliable suppliers.

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When considering the economic prospects of a country, it can be said that Group of answer choices the advantages of building bra
tankabanditka [31]

Answer:

Options 1 - 4 are True but 5 is FALSE

Explanation:

All options given are indicators of economic growth and strong economic performance

When considering the economic prospects of a country, it can be said that: 1. the advantages of building brand loyalty and gaining experience in a country's business practices is greater for a last-mover than for a first-mover <em>because the last-mover has the chance to learn from the mistakes of the first-mover and perfect on them</em>

2. countries which do not have property rights protection tend to achieve greater economic growth rates because<em> </em><em><u>prosperity and property rights are inextricably linked</u></em><em>. The importance of having well-defined and strongly protected property rights is now widely recognized among economists and policymakers</em>

3. the economic system and property rights regime are reasonably good predictors of economic prospects of a country because <em>widely accepted explanation is that </em><u><em>well-enforced property rights provide incentives for individuals to participate in economic activities, such as investment</em></u><em>, innovation and trade, which lead to a more efficient market.</em>

4. countries where property rights are not well respected and where corruption is rampant always have very low levels of economic growth because as stated in 3 above <u><em>ill-enforced property rights does not provide incentives for individuals to participate in economic activities, such as investment</em></u><em>, innovation and trade, which lead to a more efficient market.</em>

5.countries with command economies tend to achieve greater economic growth rates than free market economies.

<em>This is FALSE because one of the Command economy disadvantages include lack of competition and lack of efficiency. </em>

<em />

5 0
3 years ago
Read 2 more answers
A revenue variance is the:
IceJOKER [234]

Answer: Option C

                   

Explanation: In simple words, revenue variance refers to the difference between the revenue one expects to earn as per the budget made for a specified period of time and the revenue it actually earned in that time.

Organisations calculate revenue variance to identify the reasons they are not performing well or the qualities they are performing more than expected.

This measure helps organisation in decision making as to whether they should make changes in their process, and if so then wheat changes, or should remain as they are.

6 0
3 years ago
Which of the following is the raw material for forging? Select one: a. Sand b. Solid metal c. Plastic d. Molten metal
cupoosta [38]

Forging is the process of applying thermal and mechanical energy to steel billets or ingots to result into a changed shape of the material while in a solid state. The raw material is solid metal in this case.

8 0
3 years ago
What Human Resource Management activities were illustrated by Sam’s schedule in the Application Case?
lesya692 [45]

Explanation:

First we need to understand what activities are performed by human resource management. They are:

  • HR Development
  • Relationship with employees
  • Compensation and benefits
  • Cheers
  • Safety
  • Equal Employment Opportunities
  • staffing
  • Strategic HR Management

According to the text, none of these activities were performed by Sam on that particular day. What we can analyze is that during the working day, there were some situations that distracted Sam and prevented him from performing tasks efficiently.

He did not know how to properly manage the time to carry out the proposed activities, which were attempts to execute projects and priority by the integration of the objective management program (MBO), but the plans were never put into action by Sam, because he did not. there was no procedure for conflict resolution at work and did not share your work

with his subordinates in the company.

6 0
4 years ago
A company's board of directors votes to declare a cash dividend of $1.65 per share of common stock. The company has 33,000 share
umka21 [38]

Answer:

E) $45,375

Explanation:

This is because Authorized shares are the total shares that the company can issue.

There is a difference between issued and outstanding shares of 500 shares, this may be because these shares are currently held by the company itself and thus dividends are payable only on outstanding shares

This gives us 27,500 * 1.65 = $43,375

4 0
3 years ago
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