1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
GrogVix [38]
3 years ago
6

Explain just in time(JIT) approach?

Business
1 answer:
amm18123 years ago
6 0
<span> is an inventory </span>strategy<span> companies employ to increase efficiency and decrease waste by receiving goods only as they are needed in the production process, thereby reducing inventory costs.</span>
You might be interested in
Jeff's Pizzeria can handle 30 orders during the day. It wanted to increase this number, so it started making its delivery boys d
klasskru [66]

Answer:

The options for this question are:

a. dominance

b. synergy

c. anarchy

d. compromise

The correct answer is b. synergy.

Explanation:

usiness synergy is an interesting concept if we use it in the business world, since we find the possibility of growth and improvement. Remember! The whole is more than the sum of its parts and achieves the best business strategy.

In an altruistic way it is also possible to obtain a benefit or even establish a new professional relationship in order to obtain more work and promotion that otherwise would not have been obtained.

5 0
3 years ago
Addison Co. budgets production of 2,750 units during the second quarter. Other information is as follows: Direct labor Each fini
Ilya [14]

Answer:

Direct Labor Hours   Budget        8250

Direct Labor Costs Budget          $ 57750

Factory Overhead Budget  $ 614250

Explanation:

<em>We multiply the direct labor hours per unit to the number of units to get the total direct labor hours  which are again multiplied with the direct labor cost per hour to get the total direct labor costs.</em>

Addison Co.

Direct Labor Budget

                                           Quarter II

Production units                2750

<u>Direct Labor per unit            3        </u>

Direct Labor Hours           8250

<u>Direct Labor Cost / Hr         $7        </u>

Direct Labor Costs           $ 57750

We multiply the direct labor costs  with variable overhead per hour to get the variable costs which are added to the fixed costs per quarter to get the total factory overhead budget.

Addison Co.

Factory Overhead  Budget

                                           Quarter II

Direct Labor Hours           8250

<u>Variable OH / Hr                 $ 9         </u>

Variable Overheads        $ 74250

<u>+Fixed Overheads             $ 540,000</u>

Factory Overhead Budget  $ 614250

5 0
3 years ago
When the cost of an item can be traced to objective evidence of a transaction, such as a sales receipt, canceled check, and bank
marissa [1.9K]

Answer:

Verifiability

Explanation:

As the name suggests, the quality of the documents like sales receipts, purchase receipts, cash receipts, canceled check, bank statement or other documents which are used for evidence plus for tracing the order also should be based on verifying by an independent person with a motive that every document or every kind of information is correct and accurate.  

The evidence quality totally depends on the verifier who verifies the document with an unbiased behavior telling that the financial statements are reliable and accurate in all aspects.

4 0
3 years ago
business that makes athletic shoes is a domestic business. b. goods-producing business. c. global business. d. service business
ladessa [460]

Answer:

Goods-producing

Explanation:

5 0
3 years ago
The data listed here are the weights (in kilograms) of 27 packages of ground beef in a supermarket meat display: 1.08 0.99 0.97
docker41 [41]

Answer:

it me nba youngboy 4kt imma drop my album in two weeks

Explanation:

3 0
3 years ago
Other questions:
  • 2. Why are accounts receivable considered assets even if the money has not yet been paid to the business?
    10·1 answer
  • Assume Mercy Hospital underestimated the provision for bad debts and contractual adjustments reported on its December 31, 2015 i
    6·1 answer
  • Rita earns $10 per hour. She puts 5% of her earnings in savings. Write an inequality to find how many hours h Rita must work to
    8·2 answers
  • Emily has recently learned that she needs to reduce the duration of her project to meet an imposed deadline. She has calculated
    10·1 answer
  • A lease agreement that qualifies as a finance lease calls for annual lease payments of $50,000 over a four-year lease term (also
    11·1 answer
  • Someone who is risk averse has a general dislike for risk and a preference for certainty. If risk aversion eists in the market,
    15·1 answer
  • Draw the tree for a put option on $20,000 with a strike price of £10,000. the current exchange rate is £1.00 = $2.00 and in one
    14·1 answer
  • The law of diminishing returns only applies in cases where:
    14·1 answer
  • Information about a property that has a significant bearing on a buyer's decision to purchase that property is referred to as a
    11·1 answer
  • Standard oil company was the empire of which business mogul?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!