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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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____________ include veteransâ€™ payments, welfare, and social security payments..

zvonat [6]

Answer:

Statement of Payments

Explanation:

Statement of Payments include veteransâ€™ payments, welfare, and social security payments..

Social Security Benefits are payments made to qualified retirees, disabled persons, to their spouses, children and survivors etc.

A statement of payments is usually submitted with income tax return to receive the Senior Citizens'€™ Exemption.

7 0

3 years ago

Arturo is a pipeline welder at the midamerican energy company. recently, he had to make a decision about which torch to order fo

mylen [45]

Answer:

they are dependent on situational probabilities

Explanation:

Arturo's decision about which torch to purchase is being made under conditions of ambiguity , because: they are dependent on other factors.

The decision making is not certainty because his decision on which torch to buy is dependent on probabilities neither is it uncertain because we have information on probabilities of what the outcome might be.

Hence the decision making is ambiguous because it is between certain and uncertain and its outcome is dependent on the probabilities of having a discount or not.

5 0

3 years ago

Read 2 more answers

What is something economists need to know the least in order to effectively fine tune the economy?

Art [367]

b. the cpi is what the economists need to know the least.
CPI stands for Consumer Price index which measures the change in price level based on the goods and services purhased by consumers. The Costumer price Index will not affect the economic situation because it only calculate the measurement of the price changes of a basket of goods over time.

6 0

3 years ago

Sheridan Company has several outdated computers that cost a total of $18200 and could be sold as scrap for $6200. They could be

sveticcg [70]

Answer:

$18200

Explanation:

Sunk cost is cost that has already been incurred and cannot be recovered. It should not be considered when making future decisions.

The computers costs $18200. This amount has already been incurred and it cannot be recovered.

8 0

3 years ago

The underground economy refers to used product sellers who sell in secondary markets. It is thought to make up ________ of the U

hammer [34]

The underground economy refers to used product sellers who sell in secondary markets. It is thought to make up 3-30% of the US gross national product.

Explanation:

Household production refers to goods and services people produce for themselves.

Underground economy refers to buying and selling of goods and services that are concealed from the government to avoid taxes or regulations or because the goods and services are illegal.

If you know how much the economy works for a brief time, it doesn't matter.

If one knows how goods and services are produced for a decade or further, it might be more important to omit domestic production and development in the underground economy.

7 0

3 years ago