Answer:
d. to reduce or eliminate waste from the system
Explanation:
Lean refers in business to generating more benefits to your clients using less resources and a company using lean principles tries to eliminate all the unecessary things that doesn't add value which are considered waste and increase its efficiency. According to this, the answer is that to be lean means to reduce or eliminate waste from the system.
The other options are not right because Agile and Lean are different methodologies and Lean helps to generate cost reductions that can create economies of scale. Also, to be lean it doesn't matter if you move quickly or slow as long as you eliminate the waste to give more value to customers.
Answer:
An Online Analysis Package.
Explanation:
Online analysis packages (OLAPs) enable very quick analysis of multiple sources of business information in order to present a clearer picture of the state of the business.
You can use a range of software packages to analyse data which ranges from Access or Excel to dedicated packages, such as SPSS, Stata and R for statistical analysis of quantitative data and a host of others.
Answer:
The correct answer is B.
Explanation:
Giving the following information:
Direct material $8.40
Direct labor 24.40
Overhead 42.00
Total costs per unit $74.80
Purchasing price= $66.20 per unit.
<u>First, we need to determine the real production cost per unit. If 30% of overhead is not avoidable, we will take into account only 70% of overhead. </u>
Total production cost per unit= 8.4 + 24.4 + (42*0.7)= $62.2
It is cheaper to make the unit. If the unit is produced, the company will save $4 per unit.
Answer:
the answer is A. exchange
hope this helps
Answer:
18.84%
Explanation:
the flotation adjusted cost of new common stock = [expected dividend / (net proceeds from stock issuance)] + expected growth rate
- expected dividend = $2.03
- net proceeds from stock issuance = $22.35 x (1 - flotation costs) = $22.35 x 0.9625 = $21.5119
- expected growth rate = 9.4%
the flotation adjusted cost of new common stock = [$2.03 / $21.5119] + 9.4% = 9.44% + 9.4% = 18.84%
