One potential drawback of just-in-time (jit) production is that the company would face disruptions in the supply chain if the supplier of raw materials could not deliver the required materials on time.
<u>Explanation:</u>
The management strategy that aligns raw-material orders from suppliers directly with production schedules. This strategy is employed in many companies to reduce the wastage and to increase the efficiency. It requires an accurate forecast of the demand by the production team of the firm so that the production requirements can be initiated accordingly.
In spite of all the advantages like reducing the inventory costs (like warehousing, etc.) or easily spotting production mistakes, great focus on quality, etc, this method also has the following disadvantages,
- If the suppliers could not deliver the required materials on time, the entire production process will be stalled.
- Natural calamities could also intervene in the flow of materials from the supplier side
- Massive unexpected demands from the customer side cannot be managed.
Answer:
The answer is "managing for long-run profits".
Explanation:
There are 3 distinct targets concern profitability for a business Measured typically in ROI or ROA terms that are
Long-term profitability management
Optimizing existing gains
Reviewer Target
Whenever competence and understanding benefit via the development of high-quality items and penetrate difficult marketplaces throughout the long term.
In contrast with its cost of development, the cost of commodities is relatively low. But the government expects to earn more money eventually due to the significant market stake in a company.
<span>The balance in total assets after the transaction is $36,000. This is because expenses are not assets. An asset must have value, meaning that it can be either be sold, or that the consumption of it will garner income. Expenses such as taxes or legal fees cannot later be sold or consumed for income.</span>
Answer:
$240,030
Explanation:
break-even point formula in units = total fixed costs / contribution margin
- total fixed costs = $120,000
- contribution margin = $70 - $35 = $35
break even point in units = $120,000 / $35 = 3,428.5 ≈ 3,429 units (we must round up)
to calculate break even point in sales dollars we multiply the break even point units by the selling price per unit = 3,429 units x $70 = $240,030
Answer:
a. 12% per year
Explanation:
Effective interest rate
r = (1 + i/n)^n - 1
r = effective interest rate
i = simple interest rate compounded monthly
n = number of compound intervals
12.68% = ((1+i/12)^12)-1)
1+0.1268 = ((1+i/12)^12)
1.1268^(1/12) =1+i/12
1.010 = 1+i/12
1.010-1 = i/12
0.010 x 12 = i
i = 0.12 = 12%
