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3 years ago

To be Lean means:

Business

1 answer:

kompoz [17]3 years ago

5 0

Answer:

d. to reduce or eliminate waste from the system

Explanation:

Lean refers in business to generating more benefits to your clients using less resources and a company using lean principles tries to eliminate all the unecessary things that doesn't add value which are considered waste and increase its efficiency. According to this, the answer is that to be lean means to reduce or eliminate waste from the system.

The other options are not right because Agile and Lean are different methodologies and Lean helps to generate cost reductions that can create economies of scale. Also, to be lean it doesn't matter if you move quickly or slow as long as you eliminate the waste to give more value to customers.

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Use the following information to answer the next two questions. Downey Company bought a delivery truck for $62,000 on January 1,

natita [175]

Answer and Explanation:

The computation of the depreciation expense and book value at the end of 2016 is shown below:

But before that first determine the cost of the asset which is

Cost of the asset is

= Purchase price + rear hydraulic lift + sales tax

= $62,000 + $8,000 + $3,000

= $73,000

Now the depreciation expense is

= ($73,000 - $8,000) ÷ (10 years)

= $6,500

ANd, the book value is

= $73,000 - $6,500 × 2

= $60,000

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3 years ago

Mr. Jagger is purchasing a $3,000,000 home by borrowing 80% of the purchase price. His loan terms are: 15 years amortization, mo

lions [1.4K]

Answer:

Monthly payment= $18,979.05

Explanation:

Giving the following information:

Loan (PV)= 3,000,000*0.8= $2,400,000

Monthly interest rate (i)= 0.05/12= 0.00416667

Number of periods (n)= 15*12= 180 months

<u>To calculate the monthly payment, we need to use the following formula:</u>

Monthly payment= (PV*i) / [1 - (1+i)^(-n)]

Monthly payment= (2,400,000*0.00416667) / [1 - (1.00416667^-180)]

Monthly payment= $18,979.05

5 0

3 years ago

A Machine makes 5 buttons at a time each doll shirt gets 5 buttons how many doll shirts can be finished with 5 buttons

Tems11 [23]

Answer:

Explanation:

If each doll shirt gets 5 buttons then only one can be finished with 5 buttons.

6 0

3 years ago

A real estate broker sold property on Friday morning and received a $2,000 deposit in cash. Afraid to carry the money, he quickl

maw [93]

Answer:

commingling

Explanation:

Commingling is defined as the mixing of the money of broker money with the money of the clients of the broker.

Here in the question it is stated that the money received (i.e the money of the client ) is deposited by the real estate broker in his account.

Now by depositing the money in his bank account he actually mixes the money of the client with his money which is already present in his bank account

8 0

3 years ago

Why is it useful for organizations to think in terms of designing a mix of programs rather than choosing one overall compensatio

Andreas93 [3]

Answer with explanation:

It is better for companies to offer a mixture of compensation programs instead of only one since it attracts a major number of competent workers. Some employees might be very selective at the time of choosing a job according to the benefits they could receive. For instance, a high executive could prefer to start working in an "A" firm since they organization offers an attractive number of stock shares per year as part of the compensation program instead of working for firm "B" that is not even publicly listed.

7 0

3 years ago