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3 years ago

Inventory reduction via JIT is an effective tool for identifying

Business

1 answer:

asambeis [7]3 years ago

4 0

Answer:

B. Causes of variability

Explanation:

Inventory reduction via Just in time is a technique that aligns raw material orders from suppliers directly to production schedules. It helps in reducing inventory costs. It increases efficiency and reduces waste as goods are only received when the organization using JIT needs them for operations. In JIT, production period is short, warehouse need is minimize thus reducing costs. Also, it becomes of useful tool in identifying causes of variability. It reduces variability caused by both internal and external factors. Variability are normal deviation from the most efficient and optimum process.

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Angelica Canizales is the CEO of Mucho Dinero Enterprises. Sales have declined for four consecutive years and the firm's account

Mariulka [41]

Willie appears to be an important part of the informal Organization

Explanation:

The informal organization comes from the purposeful development of a system of interactions. Willie has little influence in the formal association, but love for him in the department of development makes it very important for him to engage in the informal organisation.

The primary role of informal organizations is essentially to preserve people's values and beliefs. If you can socially associate yourself, you always feel a sense of cohesion. As a result, an informal organization has another function that will provide members with social satisfaction.

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2 years ago

When does information become a liability for an organization?

jeyben [28]

A liability is a debt to an oraganization/business. Once the information brings the company down -holds them back- it becomes a liability. It's like if you have an accounts payable your creditors would have full rights to your money upon company liquidation. That means your company will earn less revenue. A liability is something you owe.

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2 years ago

Which of the following is the correct term to

marissa [1.9K]

Answer:procedures

Explanation:

5 0

3 years ago

Read 2 more answers

Which of the following statements is true in a capitalist economy?

zepelin [54]

The answer is: b. Markets motivate individual actors to make economic decisions.

In a capitalist economy, the government has very little influence to intervene in the economy. The market is solely controlled by the power of supply and demand. When a lot of people demanded a certain type of products, people who will gain the most profit would be those who are bale to make economic decisions to fulfill the demand in the market.

6 0

2 years ago

a company produces a single product. variable production costs are $14.00 per unit and variable selling and administrative expen

My name is Ann [436]

The value of the ending inventory under variable costing is calculated to be $19,600.

To determine the value of the ending inventory under variable costing we first find out the units in the ending inventory as follows;

Units in ending inventory = Units in beginning inventory + Produced units − Sold units

Units in ending inventory = 0 + 6000 - 4600

Units in ending inventory = 1400

Now the value of the ending inventory under variable costing can be determined by multiplying units in the ending inventory by the variable production cost as follows;

Value of Ending inventory = Unit in ending inventory × Variable production cost

Value of Ending inventory = 1400 × 14

Value of Ending inventory = $19,600

Hence, the value of the ending inventory would be $19,600 under variable costing.

To learn more about ending inventory; click here:

brainly.com/question/19132743

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1 year ago