Answer:
The answer is C.
Explanation:
Inventory turnover is a measure of the number of times inventories are sold during a period of time usually a year.
To calculate inventory turnover:
Cost of goods sold ÷ average inventory
High inventory turnover means that the company's product is in high demand and when the product is in high demand, it means there is an increase in sales.
An increase is demand means new inventory or merchandise are continually available and continually bought.
Answer: Coca-cola
Explanation:
Coca-cola as a soft drink has dominated the world since the 20th century but faces competition against drinks from other companies such as Pepsi and RC Cola.
In other to keep up their competitive edge and sell to more customers, the embark on extensive marketing campaigns that are catchy and memorable.
Coca-cola has also been differentiated over the years by introducing various flavors that are meant to appeal to different segments in the market such as Diet Coke, Coca-Cola Zero Sugar, Coca-Cola Cherry and Coca-Cola Vanilla.
<u>Answer: </u>Option D
<u>Explanation:</u>
Decision making means the important and timely action that needs to be taken. Decision making has six steps involved in the process the first step is to identify the problem or the decision to be made. In the second step the possible alternatives solutions are listed. Third step is to identify the consequences of the alternatives and ways it affects other peoples.
Fourth step is to consider the values before taking the decision. Fifth step is to make decision and take action accordingly. The final and sixth step is to evaluate the decision made.
Answer:
The correct answer is A) Motion waste
Explanation:
Motion Waste is any type of waste that is not to the benefit of the customer, or that does not increase the value of the product.
In this example, the question refers to the material handling of the product as excessive, and also lets us know, that this excessive handling happens in serveral processes. None of these increase the value of the product, otherwise they would not be reffered to as excessive, therefore, the question presents a classical example of motion waste, and the production process is not a lean system.