Answer:
False ( "Large lot sizes" is not considered essential for JIT )
Explanation:
Just in time is an arrangement and alignment of raw material supply with the production process of the business. It minimizes the holding cost, lead time required for delivery of raw material, the setup times and sizes of orders.
The Large lot sizes is not a characteristics of JIT because it may requires the storage facility to place the large orders until used in production which might increase the holding cost.
So, Large Lot Sizes are not considered essential for a comprehensive JIT implementation.
Answer:
The variable factory overhead controllable variance is $2,250 favorable.
Explanation:
variable factory overhead controllable variance
= standard variable cost - actual variable cost
= $5500-2.5*3 - $39000
= $2,250 favorable
Therefore, The variable factory overhead controllable variance is $2,250 favorable.
Answer:
Mass Customization
Explanation:
Mass Customization -
It is a manufacturing and marketing strategy ,
where huge range of services and products are altered or changed according to the likes and dislikes of the customers , is referred to as mass customization.
It is also known as built - to - order and made - to - order.
These type of method are used in order to increase the sale of the goods and service , by modifying the goods according to the customers satisfaction.
Hence , from the question,
The correct term is mass customization.
Answer: $0
Explanation:
Layla qualifies for $8,000 in housing credits.
These are withdrawn at $500 for every $1,000 she earns above the wage limit of $26,500
Layla's annual income = 35,000 + 7,500
= $42,500
Amount earned above limit = 42,500 - 26,500
= $16,000
Amount of housing credit withdrawn is $500 per thousand so for $16,000, $8,000 will be withdrawn from her housing credit.
Housing credit = 8,000 - 8,000
= $0
Answer:
The correct answer is E. Distribution planning.
Explanation:
Distribution planning refers to the development of objectives from production to putting the product on the counter. This process includes the entire chain from when the raw material to produce is entered, and the logistics necessary to transport the product to the final supplier. This process must evaluate external and internal problems in order to make it as expeditious as possible and the times are met in order to avoid product shortages.
