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Bumek [7]
3 years ago
5

Supply chain management:is based on the concept of just-in-timefocuses on removing scheduling bottlenecks within the companyfocu

ses on the internal routing of products from raw materials to finished goodsis a complex computerized system for managing resources efficientlyis accurately described by none of the above
Business
1 answer:
Furkat [3]3 years ago
8 0

Answer:

is based on the concept of just-in-time.

Explanation:

Supply chain management can be defined as the effective and efficient management of the flow of goods and services as well as all of the production processes involved in the transformation of raw materials into finished products that meet the insatiable want and need of the consumers.

Generally, the supply chain management involves all the activities associated with planning, execution and supply of finished goods and services from the manufacturers to the consumers.

Additionally, all businesses tend to use supply chain management to eliminate waste and maximize value for growth and development.

Hence, supply chain management is based on the concept of just-in-time (JIT) because it is a management framework that is focused on cutting manufacturing costs while increasing efficiency between suppliers and consumers through the use of a proper inventory system.

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Some companies use automated payment processing technology in which paper checks that may arrive at a lockbox are converted into
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<span>The answer in the given statement above is the accounts receivable conversion. This type of process allows an individual to receive the amount that he or she converts from paper check into a real amount when scanned under an electronic machine in which is being described above.</span>

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Monique involves her staff as much as possible in decisions that affect guest services at the brainbook hotel. many of her emplo
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3 years ago
The total value of all goods and services produced annually in the united states is called
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The GROSS NATIONAL PRODUCT(GNP)
its the market value of all the products and services produced in a given year
3 0
3 years ago
The Boxwood Company sells blankets for $ 32.00 each. The following was taken from the inventory records during May. The company
nika2105 [10]

Answer:

(C) $94.00

Explanation:

The computation of the cost of goods sold for the sale of May 20 is shown below:

= Remaining units × cost price + remaining units × cost price

= 4 units × $15 + 2 units × $17

= $60 + $34

= $94

The 4 units come from May 1 and May 10 i.e 9 units - 5 units = 4 units

And on May 20, the 6 units were sold out of which 4 units were sold at price of $15 and rest 2 units were sold at a price of $17

8 0
3 years ago
Transactions that affect earnings do not necessarily affect cash.Identify the effect, if any, that each of the following transac
xeze [42]

Answer:

Effects of Transactions on Cash and Net Income:

                                                                                  Cash     Net Income

(a) Purchased $104 of supplies for cash.               -$104         $0

(b) Recorded an adjusting entry to record use

of $40 of the above supplies.                                    $0        -$40

(c) Made sales of $1,432, all on account.                   $0        $1,432

(d) Received $995 from customers in payment

of their accounts.                                                   $995         $0

(e) Purchased capital asset for cash, $2,635.      -$2,635      $0

(f) Recorded depreciation of building for period

used, $710.                                                                  $0        -$710

Explanation:

a) Data and Analysis:

a. Supplies $104 Cash $104

b. Supplies Expense $40 Supplies $40

c. Accounts receivable $1,432 Sales revenue $1,432

d. Cash $995 Accounts receivable $995

e. Capital asset $2,635 Cash $2,635

f. Depreciation Expense $710 Accumulated Depreciation $710

b) Only transactions that affect Cash have cash effects.  Transactions that affect net income are either revenue or expenses.  All other transactions that do not affect cash or net income are analyzed according to their basic effect on the accounting equation of assets = liabilities + equity.

3 0
2 years ago
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