Toyota has one of the finest production system of cars in the world.
It constinuously strives to improve its production lines and waste managements.
The waste and inefficiency are refetrred to as Muda and the company makes ongoing efforts to reduce this is known as Kaizen.
<h3>
Muda</h3>
It is a Japanese term which is used for uselessness. Toyota tries to manage and allocate its resources effectively so that its waste is limited.
<h3>
Kaizen</h3>
It is a Japanese term which means continuous improvement.
Toyota follows this technique iin its production so that its allocates optimal resources and produces minimum possible waste which leads to increased profitability.
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Answer:
5.52%
Explanation:
Calculation to determine the current yield
Current yield = ($26.00 × 2)/$941.35
Current yield=$52/$941.35
Current yield= .0552*100
Current yield= 5.52%
Therefore the Current yield is 5.52%
Answer:
IRR = 8%
Don't accept the project
Explanation:
The internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested.
IRR can be calculated using a financial calculator:
Cash flow in year 0 = -9,187,846.67
Cash flow each year from year 1 to 11 = 1287000
IRR = 8%
Because the IRR is less than the hurdle rate, the project shouldn't be accepted.
To find the IRR using a financial calacutor:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. After inputting all the cash flows, press the IRR button and then press the compute button.
I hope my answer helps you
Answer: c.
Explanation: The unemployment rate may underestimate the true extent of unemployment if there are a large number of people working in the underground economy . While the underground economy also known as the black economy may conjure up images of drug deals and prostitution rings, the term actually has much broader scope. It refers not only to illegal economic activity, but all economic activity that goes unreported to government authorities and consequently, avoids being taxed. one of the primary reasons the underground economy exists is that people are trying to evade taxes. But increased government regulations that can make the cost of doing business higher also create an incentive to avoid reporting certain economic activity to the government. An increase in the number of unemployed increases the number of people who work in the black economy because they have more time. On the other hand, an increase in unemployment implies a decrease in the shadow economy.
Drug Abuse Resistance Education (D.A.R.E.) is a police officer-led arrangement of classroom exercises that shows kids (normally in rudimentary or center school) how to remain tranquilize free and oppose peer weight.
According to Rosenbaum and Hanson (1998), D.A.R.E has no critical in general effect on utilizing cigarettes or liquor
They concluded that, Given the tremendous uses in time and cash required with D.A.R.E., no doubt proceeded with endeavors should center around different systems and projects that may deliver more significant impacts.
