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bogdanovich [222]
3 years ago
5

With regard to New United Motor Manufacturing, Inc. (NUMMI), why did General Motors (GM) enter into a strategic alliance with To

yota?
Business
1 answer:
hjlf3 years ago
8 0

Answer:

to learn the lean manufacturing system pioneered by Toyota

Explanation:

The main reason for this strategic alliance was in order for General Motors to learn the lean manufacturing system pioneered by Toyota. The lean manufacturing system is a methodology derived from Toyota's 1930 operating model "The Toyota Way" which focuses on minimizing waste within manufacturing systems while at the same time being able to maximize productivity. This provides a great benefit to any manufacturing company, hence why General Motors was interested.

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Willie is the production manager of the sterile ophthalmic formulations division of Pharmogrep, a pharmaceutical manufacturing c
Hoochie [10]

Answer:

The answer is product departmentalization.

Explanation:

Pharmogrep most likely follow product departmentalization.

5 0
3 years ago
The firm initially produced 500 pants and 700 shirts. If the firm decides to increase the number of shirts by 100 units, the opp
Scrat [10]
<span>If the firm decides to increase the number of shirts by 100 units, the opportunity cost will be 200 pants. If the firm is at point E and decides to increase the production of shirts by 500 units, the opportunity cost will be 400 pants.</span>
4 0
3 years ago
Read 2 more answers
Suppose a banking system has $120 million in deposits, a required reserve ratio of 20 percent, and total bank reserves for the w
Dmitry_Shevchenko [17]

Answer:

$380 million

Explanation:

Given that,

Deposits = $120 million

Required reserve ratio = 20 percent

Total bank reserves = $100 million

Required reserve ratio refers to the portion of deposits that is kept with the reserve bank.

Required reserves:

= Deposits × Required reserve ratio

= $120 million × 0.2

= $24 million

Excess reserves:

= Total reserves - Required reserves

= $100 - $24

= $76

So, there is a excess reserves in this economy.

Money multiplier = 1/Required reserve ratio

                            = 1/0.2

                            = 5

Therefore, the total money creation potential of this deposit is as follows:

= Excess reserves × Money multiplier

= $76 × 5

= $380 million

Hence, an increase in deposit creation by $380 million.

6 0
3 years ago
Kelso Electric is debating between a leveraged and an unleveraged capital structure. The all equity capital structure would cons
ryzh [129]

Answer:

$52,267

Explanation:

Calculation to determine the break-even level of earnings before interest and taxes between these two options

EBIT/40,000 = [EBIT- ($280,000 ×0.07)]/25,000

EBIT/40,000 = [EBIT - ($19,600)]/25,000

Cross multiply

25,000EBIT=40,000(EBIT-19,600)

25,000EBIT=40,000EBIT-784,000,000

EBIT = $52,267

Therefore the break-even level of earnings before interest and taxes between these two options is $52,267

4 0
2 years ago
A cash equivalent is a short-term, highly liquid investment that is readily convertible into known amounts of cash and A. bears
Katarina [22]

Answer:

B. is so near its maturity that it presents insignificant risk of changes in interest rates

Explanation:

please see attachment

7 0
3 years ago
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