Answer:
$5,600
Explanation:
Data provided in the question:
Number of units of inventory sold = 400 units
Selling cost of the inventory = $40 each
Original cost of the inventory = $26 each
Now,
Total inventory cost of the units sold = 400 × $26
= $10,400
Total selling cost of the inventory sold = 400 × $40
= $16,000
Therefore,
Elenor’s gross profit on this transaction
= Total selling cost of the inventory sold - Total inventory cost of the units sold
= $16,000 - $10,400
= $5,600
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.
Learn more about jidoka here
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Answer:
Have the highest risk and rates of return and the highest standard deviations.
Explanation:
The efficient portfolios of N risky operatives is the set of optimal portfolios that offer the highest expected return for a defined level of risk or the lowest risk for a given level of expected return. And in other words, portfolios that lie below the efficient frontier are been described as sub optimal because they do not provide enough return for the level of risk. Portfolios that cluster to the right of the efficient frontier are sub optimal because they have a higher level of risk for the defined rate of return.