The ability to automatically detect the occurrence of an abnormality, thereby helping achieve quality at the source, is jidoka
Therefore, Jidoka's definition is best understood as "automation". This means manual automation or autonomous automation. The origin of Jidoka can be traced back to Toyota Motor Corporation, which was founded by Sakichi Toyoda as a textile manufacturer.
A famous example of Jidoka is his Model G for Toyoda Automatic Loom, invented and patented in 1925 by Sakichi Toyoda (1867–1930). This is one of the many looms invented by this inventor, but perhaps his most famous. This loom could be operated almost unmanned. Jul 31, 2018
Automation is a commonly used term in Lean Manufacturing, widely considered one of the pillars of the Toyota Production System, the other being Just in Time (JIT). The term "Jidoka" is often used to impress others, but the idea behind it is less common outside of Toyota.
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Answer:
C- Strategic
Explanation:
Strategic decisions are the decision that are concerned with the whole environment in which an organization operates, the entire resources and the people who form the company
In dealing with the Federal reserve, the key responsibilities of the Fed are lending money to the government and formulating monetary policies.
The federal reserve of the United states is what acts as the central bank of the country. The Feds helps to
- Regulate the money supply that is in the country
- Regulate the operations of banks
- Establish monetary policies.
The board of governors in the banks help to study the current issues that are existent in the economy, then they formulate the adequate policies that would help to take care of the issues.
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Answer:
a. Prior period adjustments.
Explanation:
"Retained earnings is the cumulative total of earnings that have yet to be paid to shareholders. These funds are also held in reserve to reinvest back into the company through purchases of fixed assets or to pay down debt."
Prior period adjustments in the beginning balance are key to calculate the retained earnings at the end of the period:
Retained Earnings = RE Beginning Balance + Net Income (or loss) – Dividends.
Therefore, prior period adjustments may either increase or decrease RE.
Reference: Morah, Chizoba. “Which Transactions Affect Retained Earnings?” Investopedia, Investopedia, 11 July 2019
1,244 but ima follow so 1,245
