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Montano1993 [528]
3 years ago
14

What lean concept relates to eliminating non-value-added steps and waste in product storage processes?

Business
1 answer:
Effectus [21]3 years ago
5 0

Answer:

Just in time (JIT) inventory management system

Explanation:

The JIT inventory management system was developed by Toyota in Japan. JIT tries to decrease production costs by lowering inventory costs and increasing efficiency by reducing wastes.

Some of the main advantages of JIT are:

  1. Productivity increase
  2. Waste elimination
  3. Higher product quality

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All employees at Wally World Amusement Park are required to work on weekends because that is 80% of the customers visit the park
Paladinen [302]

Answer:

No, the park must not accommodate his request

Explanation:

Employees of any organization are usually given a letter of appointment which states amongst other things, the requirements of the place of employment.

Wally world has clearly stated that working on weekends is a company REQUIREMENT.

So Alex going to Church on Sunday which is his preference should not stop him from fulfilling his work place requirement

8 0
4 years ago
Read 2 more answers
Select the word that best fits the definition: The way goods and services are produced, distributed, and consumed in a society.
Bumek [7]

Answer:

economy

Explanation:

The way goods and services are produced, distributed, and consumed in a society can be referred to as Economy.

I hope this helps...

4 0
3 years ago
Read 2 more answers
Corbel Corporation has two divisions: Division A and Division B. Last month, the company reported a contribution margin of $46,4
diamong [38]

Answer:

$5300

Explanation:

Contribution margin for Division B = Sales * Contribution margin ratio

= $243,000 * 20%

= $46,800

Total contribution margin = Division A + Division B

= $46,400 + $46,800

= $93,200

Contribution margin $93,200

Less : Traceable fixed expenses $51,100

Less : Common fixed expenses (plug) $5300

Net operating income $33,800

5 0
4 years ago
Matt and Claire go into an interview for the same position and they get asked very different questions depending on how the inte
Akimi4 [234]

Answer:

Unstructured interview

Explanation:

Unstructured interview is defined as one in which the questions asked are not prearranged. Rather they are spontaneous and questions to be asked are formulated during the course of the interview.

On the other structured interview is when questions are prearranged and candidates are asked the same questions.

So when Matt and Claire go into an interview for the same position and they get asked very different questions depending on how the interview is going, they are answering unstructured interview questions.

7 0
3 years ago
The annual inventory of The Bike Shop Inc. shows the following information for mountain bikes: DATE QUANTITY COST TOTAL January
Nesterboy [21]

Answer:

$4,536

Explanation:

LIFO assumes that the units to arrive last will be sold first. Hence inventory valuation is based on the prices of earlier units.

Ending Inventory = 36 x $126 = $4,536

The value of the ending inventory using the LIFO method of inventory pricing is $4,536.

5 0
3 years ago
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