1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
harina [27]
3 years ago
14

A production system in which there is little or no delay time and idle-in process and finished goods inventory is called a______

____.
Business
2 answers:
AveGali [126]3 years ago
8 0

Answer:

Just in time inventory system

Explanation:

Just in time inventory system is on that ensures that the amount of a product needed is available to the consumer and no more is stockpiled.

For this inventory style to be successful the business will need to forecast accurately the demand of customers.

Just in time inventory system is aimed at increasing efficiency and reducing cost such as storage cost.

There is little or no delay time and idle-in process and finished goods inventory

pantera1 [17]3 years ago
3 0

Answer:

Just-In-Time Production System.

Explanation:

Just-In-Time Production System stands in direct contrast with Just-In-Case (JIC) production methodology where goods are manufactured and held in stock with the intention to prevent a situation where there is no inventory for that product. One of the key reasons why some companies may practice the traditional Just-In-Case system is to prevent the loss of key suppliers and or key buyers for that product. Other factors that lead owners of manufacturing concerns to practice JIC is may be due to the existing inefficiencies of the system such as poor quality control, bad roads, and other uncertainties in the system which can contribute to a break in supply.

In the absence of these factors, Just-In-Time (JIT) production system becomes very preferred. The JIT (also known as the Toyota Production System was designed to remove waste of various categories, thus leading to lower production costs.

According to the philosophy of Toyota, the various types of wastage which can occur are:

  • Movement
  • Staff Underutilization
  • Excessive Inventory
  • Processing Unwanted goods
  • Transporting unwanted goods
  • Excessive production
  • Time taken to execute the process and
  • Defective production

It is interesting to note that the TPS was refined by Kiichiro Toyoda, based on an idea gotten from an American supermarket.

Cheers!

You might be interested in
The government of Diamza recently passed a law making it mandatory for any foreign company that wants to do business in its coun
insens350 [35]

Answer:

Police uncertainty

Explanation:

In the case when the diamza government pased the law that the foreign company wants to do the business so here it only use the raw materials and only hire the citizens so it represent the uncertainty of the police that faced by the companies wanted to conducted the business

So the same should be considered and relevant

4 0
3 years ago
what are the documents required by department of trade and industry when registering for a private company
meriva

Social security for employee profiling, insurances, and other employee and company benefits

Business permit, so that your business is legal and has passed through the scrutiny of safety and reliability

<span>Tax identification  to ensure that in every profit you gain, you will be giving a part of it to the country to improve its services</span>
6 0
3 years ago
An example of a cost that is likely to have a direct relationship with products being manufactured is
scoundrel [369]

Answer:

An example of a cost that is likely to have a direct relationship with products being manufactured is:

direct cost of raw materials.

Explanation:

Other direct costs that affect the cost of the products directly are direct labor costs and direct overhead costs.  They are traceable to the products being manufactured.  This is why they are called direct costs.  They can be attributed to the unit of production.  The opposite is the indirect  costs of raw materials, labor, and overheads.  These costs cannot be traced to units of the product being produced.

7 0
3 years ago
Which of the following is an example of a specific purpose? A. I want my employees to understand and follow the new dress code p
Alla [95]

Answer:

D. a and c

Explanation:

I hope it helps.

8 0
3 years ago
Cheyenne is a manager at her company. She listens to an employee, Enu, voice his opinion about a policy that he disagrees with.
harkovskaia [24]

Answer: Professional benefits.

Explanation:

The illustration given in the question describes the professional benefit of listening. Cheyenne listened to her subordinates, which enabled her to identify the challenge her employees were facing and she was now able to solve the challenge, leading to a better work environment.

3 0
3 years ago
Other questions:
  • Grey's infotech sells customized hardware and software solutions for businesses. the salespeople for grey's have a strict dress
    13·1 answer
  • In transaction​ analysis, the declaration and payment of dividends is recorded in the​ ________ and​ ________ columns of the acc
    9·1 answer
  • sold real property with a $140,000 adjusted basis for $255,000. The buyer paid $148,000 cash and assumed Mr. Beck's $107,000 mor
    11·1 answer
  • WHY should families use active listening strategies?
    10·2 answers
  • Customers today want separate prices for each service element, and they also want the right to select the elements they want. Cu
    15·1 answer
  • Children with visual impairments tend to be more______ in social environments
    12·1 answer
  • Knowledge Check 03 During January, Dream House Builders, Inc. incurred $550 of actual indirect materials costs, as supported by
    12·1 answer
  • Item 17 A certain cell phone plan charges a fee of $1 for each international call made plus $0.02 for each second of talk time f
    12·1 answer
  • When a process is in control, it results in there being, on average, 16 defects per unit of output. c-chart limits of 4 and 28 w
    8·1 answer
  • On December 31, 2008, Ed Abbey Co. performed environmental consulting services for Hayduke Co. Hayduke was short of cash, and Ab
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!