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Keith_Richards [23]
3 years ago
9

The concepts of Just in time inventory, total quality management, process re-engineering

Business
1 answer:
damaskus [11]3 years ago
8 0

A just-in-time inventory control system is a systematic method that aligns vendor raw-material deliveries with manufacturing timetables.

Companies use this inventory approach to improve efficiency and avoid waste by acquiring items just as needed for the manufacturing process, lowering inventory expenses.

It may be a comprehensive quality management approach since it leads to productivity on one hand and preserves the integrity of the manufacturing process on the other by obtaining needed materials at reasonable rates. When these events occur, process re-engineering occurs as a result of increased productivity, turnaround time, and excellence.

The Theory of Constraints is a framework in which an unfavorable element or constraint that is causing difficulties is recognized, and various approaches are used to solve that problem, such as the just-in-time integrated program, quality assurance, and savings and performance enhancements.

Learn more:

brainly.com/question/18095821?referrer=searchResults

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In a Word document,respond to the question below in 5 complete sentences. Once completed, submit your Word document in the Schoo
bija089 [108]

Answer:

Done

Explanation:

Saving your money for financial well-being can help you with multiple opportunities. The money will later go into your family or in investments in the future, also this will give you important time of any information you need. Achieving and maintaining financial well-being is important for families and individuals, as well as your entire region. Stronger families make for stronger communities. Stronger communities encourage stronger schools. Stronger schools lead to better prepared students for education, which leads to better prepared as an adult. This will get you go have many savings in money.

8 0
3 years ago
Q 4.26: on december 31, 2017, before any year-end adjustments, canterbury shoe repair's prepaid insurance account had a balance
melamori03 [73]

<u>Calculation of adjusted balance for prepaid insurance at December 31, 2017:</u>


It is given that on December 31, 2017, before any year-end adjustments, Canterbury shoe repair's prepaid insurance account had a balance of $3,500. It was determined that $2,200 of the prepaid insurance had expired.

So the adjusted balance for prepaid insurance at December 31, 2017, shall be (3500-2200) = <u>$1,300</u>




3 0
3 years ago
A study of the potential demand for a new hospitality and travel business is called______
Murrr4er [49]

Answer:

market analysis

Explanation:

  • A market analysis is the studies the dynamics of the study market such that of a potential rise in demands for a new hospitality and travel business. The market analysis is also a part of the global environmental analysis.  
  • It identifies the possible strengths and weaknesses along with the opportunities and threats. It areas include market trends, growth probability, and key success factors.
4 0
3 years ago
All the occupation are equally important how and why .<br><br><br><br><br> ​
sveticcg [70]

It is true that some jobs require more training and experience than others. Also, that some jobs carry more responsibility, pay more, and have greater status.

But that doesn’t mean one job is more important than another.

In an organization, everyone matters and no one should look down upon someone for the work they are doing.

Remember, every job should be valued. And, every person should be treated with dignity and respect.

6 0
3 years ago
Jose Garcia agrees to contribute land with a fair market value of $10,000 in exchange for 200 shares of Damian Inc.'s common sto
omeli [17]

Answer:

Paid-in Capital in Excess of Par $8,000

Explanation:

Based on the information given we were told that Garcia contribute land that has  a fair market value of the amount of $10,000 which was exchange for 200 shares of the common stock of Damiann Inc.'s that has a par value of $10 per share which means that the journal entry to record the transaction in the books of Damian, Inc., will include a credit to Paid-in Capital in Excess of Par $8,000 calculated as:

Fair market value  $10,000

Less  common stock $2,000

(200 shares *$10 per share)

Paid-in Capital in Excess of Par $8,000

5 0
3 years ago
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