Just-in-time production is a highly coordinated activity that delivers goods or services when they are needed.
Just-in-time management is a philosophy, not a method. If the "customer" is the eventual consumer of the product or a process further along the production line, the term originally referred to the manufacturing of goods to precisely fulfill customer demand in time, quality, and quantity.
By minimising the time and resources needed for production operations, JIT increases productivity. More rapid product production is possible thanks to manufacturers.
This simplified strategy can save costs and boost productivity while things are going as usual, but it is vulnerable to changes in supply and demand. JIT production can make manufacturers unable to meet demand when global supply networks are interrupted for a variety of reasons, deepening an economic downturn.
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-4.45%
Real interest rate is the nominal interest rate minus the rate of inflation:
7.85-12.3 = -4.45%
Answer:
The correct answer is letter "B": Integrated Program Management Report (IPMR).
Explanation:
The Integrated Program Management Report (<em>IPMR</em>) is a legally authorized report containing performance details extracted from the internal Earned Value Management System of the contractor. The IPMR provides an extract on the advance of the agreement including potential problems, costs, and change in schedules.
Answer:
Variation in size, scope and buoyancy of demand in local markets is likely to affect growth opportunities. ... A business set up to exploit an identified market opportunity would be expected to have stronger growth orientation than one set up as a result of 'push' factors such as a lack of alternative opportunities.
Answer:
a. according to the agreement.
Explanation:
Profits or losses, made by a partnership firm shall be divided among its partners in accordance with terms specified in the agreement.
However, in absence of any written or oral agreement among the partners, profits and losses shall be distributed equally among the partners.
