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Lapatulllka [165]
4 years ago
10

Lean production relies on ____________________________. a. pull-based systems b. push-based systems c. the Toyota production sys

tem (TPS) d. just-in-time system
Business
1 answer:
algol [13]4 years ago
8 0

Answer:

Letter a is correct.<em><u> Pull-based systems.</u></em>

Explanation:

Lean production is a concept instituted by Toyota between 1948 and 1975, whose main objective is to optimize management processes so that customer demands are met in the shortest possible time, at the highest quality and lowest cost, in a process that integrates all organizational levels. It is a waste reduction model through the continuous flow of production processes and integrates the concepts of Kanban, Lean manufacturing, Just in time and production leveling.

Therefore lean production depends on a pull-based system, which is a technique that aims to reduce waste in the production process through less work overload and reducing storage costs, because the work is only performed when there is demand for it.

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After preparing and posting the closing entries for revenues and expenses, the income summary account has a debit balance of $25
frosja888 [35]

If after preparing and posting the closing entries for revenues and expenses, the income summary account has a debit balance of $25,000. the entry to close the income summary account will be:  a debit of $25,000 to owner capital.

<h3>Income summary</h3>

The debit balance  of the amount of $25,000 in the income summary indicate that the company expenses is higher than the revenues generated by the company by $25,000.

Based on this the loss incurred will be taken out of the company  owner's equity  account by reducing it through a debit entry.

Therefore  the income summary account has a debit balance of $25,000. the entry to close the income summary account will be:  a debit of $25,000 to owner capital.

Learn more about income summary here:brainly.com/question/24498019

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8 0
2 years ago
Personal likes and dislikes affect the elasticity of a good or service true or false
Assoli18 [71]
The answer is false.
3 0
4 years ago
Bayest Manufacturing Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead
Lemur [1.5K]

Answer:

$ 44000

Explanation:

Given:

Actual overhead manufacturing cost, Ac = $ 352000

Actual direct labor hours, Ah = 56000

Estimated manufacturing overhead cost, Ec = $ 330000

Estimated direct labor hour, Eh = 60000

Now,

Predetermined Overhead Rate = Ec/Eh

on substituting the values in the above formula we get

= $ 330000/60000 = 5.5

also,

Underapplied Overhead = Ac + (Ah × Predetermined Overhead Rate)

on substituting the values in the above formula we get

Underapplied Overhead = 352000 - (56000 × 5.5)

or

Underapplied Overhead = $ 44000

3 0
3 years ago
A one-year bond has an interest rate of 5% today. Investors expect that in one year, a one-year bond will have an interest rate
Amanda [17]

Answer:

6%

Explanation:

Current interest rate on one year bond = 5%

Forward interest rate on one year bond = 7%

To Calculate the interest rate on two year bond we use this:

Interest rate = [Current interest rate on one year bond + Forward interest rate on one year bond]/2

Interest rate = [5 + 7]/2 = 12/2 = 6%

Therefore,

The interest rate on two-year bond is equal to 6%.

3 0
4 years ago
Read 2 more answers
What is the definition of business
tester [92]

Answer:

See below

Explanation:

Business refers to the practice of producing or purchasing goods and services for sale to make a profit. It is the act of engaging in commercial activities of buying and selling products and services for profits.

Business entails individuals and companies' activities of supplying desired products and services to customers with profit motives. A businessperson identifies a need in the community. He or she sells to the community goods or services that satisfy that need a higher price to make a profit.

7 0
3 years ago
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