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3 years ago

One characteristic of a just-in-time (JIT) inventory system is that :_______

Business

1 answer:

skad [1K]3 years ago

4 0

Answer:

d. parts enter the manufacturing process immediately; they are not warehoused.

Explanation:

The Just in Time inventory system is one where the management of a business increases efficiency and reduces inventory cost by obtaining raw materials for the production process just as they are needed.

This implies warehousing of unused raw materials is at a minimum. Thereby reducing warehousing cost.

So the option most close to JIT inventory method is - parts enter the manufacturing process immediately; they are not warehoused.

This method also requires accurate forecasting get what is actually needed per time.

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Explanation:

A chain of command is necessary in business because it diversifies authority such that decisions can be made faster.

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Supervisors/ managers of these units are therefore accountable for their units and will gain experience from being so.

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3 years ago

QuestionA baseball team is deciding where to celebrate their tournament victory. They decide between two restaurants by voting,

Damm [24]

Answer:

majority rule

Explanation:

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3 years ago

In the context of experimental research, the logic of random assignment is

zimovet [89]

The answer to this question is: groups have equal and balanced composition.
Which means that each groups in experimental research are not displaying the too mcuh difference in term of average characteristics.
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3 years ago

A man aged 40 wishes to accumulate a fund for retirement by depositing $1,000 at the beginning of each year for 25 years. Strati

Firdavs [7]

Answer:

The man will made 15 drawins for 31,468 at their retirement age.

Explanation:

We solve for the future value of the annuity-due (deposits at the beginning)

$C \times \frac{(1+r)^{time} -1}{rate}(1+r) = FV\\$

C 1,000.00

time 25

rate 0.04

$1000 \times \frac{(1+0.04)^{-25} -1}{0.04}(1+0.04) = PV\\$

FV $375.1168

Now, we calcualte the amount of the withdrawals considering the new rate:

$PV \div \frac{1-(1+r)^{-time} }{rate}(1+r) = C\\$

$375.116802253964 \div \frac{1-(1+0.035)^{-15} }{0.035}(1+0.035) = C\\$

C $ 31.468

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4 years ago

Which job in the Finance career would be best for someone who had knowledge of banking and credit systems and the ability to rep

kramer

My answer is A) ACCOUNTS CLERK.

The job of an accounts or accounting clerk is very repetitive.

These tasks are:
1) Verifying the accuracy of invoices and other accounting documents/records.
2) Updating and maintaining accounting journals, ledgers and other records that details financial business transactions
3) Entering data into the computer system using defined computer programs
4) Compiling data and preparing a various of reports.
5) Reconciling records with internal company employees and management, or external vendors or customers.
6) Investigating questionable data and recommending actions to resolve discrepancies.

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3 years ago

Read 2 more answers