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m_a_m_a [10]
3 years ago
13

The main objective of lean manufacturing is to:

Business
1 answer:
Finger [1]3 years ago
6 0

Answer: Option B  

Explanation: In simple words, lean manufacturing refers to the manufacturing process in which the production firm focuses on minimizing the waste that occurs in the production process and also increases the productivity at the same time.

This system was first implemented in Japanese manufacturing industry and lead to decrease in cost of production significantly. Such kinds of manufacturing is highly evident in industries prancing goods such as clothes, shoes etc.

This strategy also decreases the production cycles and increase the respond time of the firm to the market.

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The ________, which replaces workers with technology, is another cause of the changes in the job market.
Allisa [31]

The automation of the workplace, which replaces workers with technology, is another cause of the changes in the job market.

<h3><u>What is automation?</u></h3>
  • A broad range of technologies that minimize human involvement in operations are referred to as automating.
  • By predetermining decision criteria, subprocess linkages, and related actions — and embodying those predeterminations in computers – human intervention is decreased.
  • An industrial control system with tens of thousands of input measurements and output control signals can be automated, as can a thermostat controlling a boiler in a home.
  • The banking industry has also been impacted by automation. Control complexity can range from straightforward on-off control to sophisticated multivariable algorithms.

Automation is the use of a variety of tools and control systems, such as machinery, factory processes, boilers, and heat-treating ovens, as well as the activation of telephone networks and the steering and stabilization of ships, aircraft, and other applications and vehicles with a minimum of human intervention.

Know more about automation with the help of the given link:

brainly.com/question/28222698

#SPJ4

7 0
2 years ago
Burgundy Manufacturing uses a process cost system and computes cost using the weighted average method. During the current period
Yanka [14]

Answer:

$55,425

Explanation:

The computation of the costs of goods transferred is shown below:

= Beginning work-in-process inventory cost + manufacturing cost added -  ending work-in-process inventory cost

= $13,525 + $57,000 - $15,100

= $55,425

We simply added the Beginning work-in-process inventory cost and deduct the ending work-in-process inventory cost to the manufacturing cost so that the correct amount can come.

7 0
3 years ago
Commercial Construction Builders has a beta of 1.34, a dividend growth rate of 2.1 percent for the foreseeable future, a stock p
Effectus [21]

Answer:

10.412%

Explanation:

The computation of the average cost of equity of the firm is shown below;

The Cost of equity as per CAPM is

= risk free rate + beta × (market rate - risk free rate)

= 4.2 + 1.34 × (12.8 - 4.2)

= 15.724%

Now the Cost of equity as per growth model is

= (D1 ÷ Current price) +Growth rate

= [0.45 ÷ 15] + 0.021

= 5.1%

Now the Average Cost of equity is

= (15.724 + 5.1) ÷ 2 2

= 10.412%

7 0
3 years ago
True or False:
rusak2 [61]

Answer:

Check the explanation

Explanation:

Efficient market theory states that the security price reflects all the available information of the market. It means there is no reason to believe that prices are incorrect.  

Thus, the given statement is false.  

The past data is not useful for decision making. Information of past trends may not help the investor to earn abnormal returns.  

The statement is consistent with weak form efficiency as current price reflects the past price movements.  

Thus, the statement belongs to weak form efficiency.  

The stock price will increase and settle at a new equilibrium level.  

4 0
3 years ago
Ana is trying to finish an account analysis for a client, but she's missing data. She e-mails Claire in database administration
Mademuasel [1]

Answer:

This is an example of information communication

Explanation:

Is an extensional term for information technology, that stress the role of unified communications.

3 0
3 years ago
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