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3 years ago

One potential drawback of just-in-time (jit) production is that

1 answer:

3 0

One potential drawback of just-in-time (jit) production is that the company would face disruptions in the supply chain if the supplier of raw materials could not deliver the required materials on time.

Explanation:

The management strategy that aligns raw-material orders from suppliers directly with production schedules. This strategy is employed in many companies to reduce the wastage and to increase the efficiency. It requires an accurate forecast of the demand by the production team of the firm so that the production requirements can be initiated accordingly.

In spite of all the advantages like reducing the inventory costs (like warehousing, etc.) or easily spotting production mistakes, great focus on quality, etc, this method also has the following disadvantages,

If the suppliers could not deliver the required materials on time, the entire production process will be stalled.

Natural calamities could also intervene in the flow of materials from the supplier side

Massive unexpected demands from the customer side cannot be managed.

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The president wishes to increase spending for education by $4 billion but also maintain a balanced budget. Therefore, taxes will

castortr0y [4]

Answer:

it will increase

Explanation:

4 0

3 years ago

Oriole Family Instruments makes cellos. During the past year, the company made 6,630 cellos even though the budget planned for o

Setler [38]

Answer:

Direct Labor rate Variance $ 24840 Unfavorable

Labor Efficiency Variance $23520 favorable

Explanation:

Direct Labor rate Variance = Actual Hours * Actual Rate- Actual Hour * Standard Rate

Direct Labor rate Variance = 24840*15- 24840*14

= 372600- 347760

= $ 24840 Unfavorable

Labor Efficiency Variance = Actual Hours * Standard Rate- Standard Hour * Standard Rate

Labor Efficiency Variance = 24840*14- 4*6630*14

= 24840*14- 26520*14

= 347760 - 371280= $23520 favorable

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3 years ago

Shauna Lee Company expects the following for 2024: • Net cash provided by operating activities of $140,000. • Net cash provided

Assoli18 [71]

Answer:

See below

Explanation:

Computation of Cash flow

Net cash provided by operating activities

$140,000

Less:

Net cash used for investing activities

($86,000)

Less:

Net cash provided by financing activities

(64,000)

Ending cash balance

($10,000)

Therefore, Lee would expect free cash flow of ($10,000) for 2024.

6 0

3 years ago

Suppose a country has a money demand function ( M/P )^d = kY , where k is a constant parameter. The money supply grows by 12 per

mote1985 [20]

Answer:

Part A)

Inflation Rate = 12% - 4%

Inflation rate = 8%

Part B)

If the genuine income was higher, the expansion level would diminish subject to the buyer's spending limitations. As such, they will make a similar measure of cash yet their buying power per dollar will increase.

Part C)

in the current scenario, increment in cash would cause the expansion rate to increment. On the off chance that we consider the past and occasions, for example, hyperinflation, take a gander at what the reason was. Governments were printing cash to pay obligations, which was diminishing the estimation of their money. Right now, would get paid and race to the store to go through their cash in light of the fact that their dollars today may just be worth 50 pennies tomorrow or at times, the following hour. Thus, our answer is if the speed of cash continues developing, expansion will continue developing also. These two factors are star repetitive with one another significance they move together.

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3 years ago

Richard participated in a study conducted by an advertising agency. During his interview, he was asked to gauge the services pro

Rasek [7]

Answer:

The correct answer is letter "A": product-specific preplanning inputs.

Explanation:

Product-specific preplanning input is a series of efforts carried out by advertisements agencies to collect information about industry competitors, work processes, and consumers patterns and preferences on determined products that will allow them to create a strategy to merchandise a new good or service in the market.

Product-specific preplanning input makes use of focus group interviews and demographic and psychographic segmentation as feeds to create marketing strategies.

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3 years ago