Answer:
False
Explanation:
The just in time (JIT) system was developed by Toyota in order to decrease inventory costs and improve overall efficiency. Since a car manufacturer uses tens of thousands of different parts and supplies, they have a lot of suppliers and the JIT works perfectly for them. So the first part is true.
But the main disadvantage with JIT systems is that it increases stockout and breakdown risks. Since the whole process must work very smoothly, any disruption can cause a lot of problems.
Answer:
$1,013.37Explanation:
Original or expected balance for your mortgage. Taxpayers can deduct the interest paid on first and second mortgages up to $1,000,000 in mortgage debt (the limit is $500,000 if married and filing separately). Any interest paid on first or second mortgages over this amount is not tax deductible. Home equity loans are limited to $100,000 or the amount of equity you have in your home. Our calculator limits your interest deduction to the interest payment that would be paid on a $1,000,000 mortgage.The number of years over which you will repay this loan. The most common mortgage terms are 15 years and 30 years.
Suppose an unexpected freeze in Florida destroys 20% of the Florida orange crop.-This results in the shift of the supply curve to the left resulting in an increase in the prices.
Explanation:
Suppose an unexpected freeze in Florida destroys 20% of the Florida orange crop.
a) What are the likely effects of the crop damage on Florida orange prices and output levels?
As a consequence of the unexpected freeze in Florida , the orange crops will get damaged. This will result in a decline in the supply of oranges in the market. Which will lead to a shift in the supply curve of orange to the left, resulting in an increase in the price of oranges, and a decline in its output level or the quantity sold/supplied in the market
b) How will the freeze affect the equilibrium price of California oranges
Due to the unexpected freeze the supply curve of the California oranges will shift to the left,which will result in an increase in the price of the California oranges(In this case the quantity demanded is more than the quantity supplied/sold)
Is this multiple choice? I think it might be salary
