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DerKrebs [107]
3 years ago
5

The following statement is TRUE about Lean A. Lean will cost a lot of money to introduce in an organization. B. Lean can only be

applied in certain types of businesses. C. Just-In-Time is when parts/supplies arrive at the last possible moment. D. Lean is all about cost-cutting and results in much of the workforce getting fired. E. When we remove waste from a process, we are left with value-added activities. This enables us to produce more in less time while actually doing the value-added work slower.
Business
1 answer:
loris [4]3 years ago
4 0

Lean manufacturing is basically a production method with major aim of reducing times within the system and response times from suppliers or customers.

Some of the advantage of Lean management includes:

  • It help eliminates waste
  • Its results to worker Satisfaction. ...
  • Its encourage Just in Time practice
  • Its helps gain competitive advantage

Therefore, Lean management encourages Just-In-Time practice where parts/supplies arrive at the last possible moment, helps to remove waste from a process and enables production of more in less time

In conclusion, Option C, E and F is correct and includes statement that is true about Lean management

Learn more about Lean Management here

<em>brainly.com/question/24917186</em>

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Your career test results revealed you are naturally optimistic and very accepting of other's differing perspectives. you are gen
USPshnik [31]
Hello!

I don't really understand the question.. Sorry if this doesn't help!

-EmojiQueen
8 0
4 years ago
Yard Tools manufactures lawnmowers, weed-trimmers, and chainsaws. Its sales mix and unit contribution margin are as follows. Sal
Damm [24]

Answer:

Total Break even sales = 154,000  units

Lawnmowers ($154,000 × 20%) = 30,800 Units

Weed-trimmers ($154,000 × 50%) =  77,000 units

Chainsaws ($154,000 × 30%) = 46,200 Units

Explanation:

As per the data given in the question,  the computation is shown below:

Weighted contribution margin = Contribution margin × Sales mix

= (0.2 × 30) + (0.5 × $21) + (0.3 × $39)

= $28.2

Now, Total break even sales = Fixed cost  ÷ Weighted contribution margin

= $4,342,800 ÷ $28.2

= 154,000  units

So classifications are as follows

Lawnmowers ($154,000 × 20%) = 30,800 Units

Weed-trimmers ($154,000 × 50%) =  77,000 units

Chainsaws ($154,000 × 30%) = 46,200 Units

We simply multiplied the total break even sales with each sales mix

7 0
3 years ago
Seasons Construction is constructing an office building under contract for Cannon Company and uses the percentage-of-completion
Alekssandra [29.7K]

Answer:

(C) $4,650,000 $ 5,250,000

Explanation:

total contract price is $ 18,600,000

season construction using percentage of completion method.

Amount of revenue & construction expense for the year ended december 31, 2020 will be

25% of $ 18,600,000 revenue = $ 4,650,000

25% of $ 18,750,000 total cost = $5,250,000

5 0
4 years ago
Consumers usually buy a(n) _____ only after comparing several brands or stores on style, practicality, price, and lifestyle comp
IgorC [24]

Consumers usually buy a shopping product only after comparing several brands or stores on style, practicality, price, and lifestyle compatibility

<h3>Who are consumers?</h3>

Consumer are individual or group of people who are willing to pay for a particular products or services they need.

Consumer often go around to compare prices and custom relations after which they decide who to buy from.

Therefore, Consumers usually buy a shopping product only after comparing several brands or stores on style, practicality, price, and lifestyle compatibility

Learn more on consumer below,

brainly.com/question/380037

#SPJ12

8 0
2 years ago
Blur Corp. has an expected net operating profit after taxes, EBIT(1 – T), of $7,600 million in the coming year. In addition, the
Zina [86]

Answer:

Free cash flow (FCF) for next year = $ 6,450  million

Explanation:

<em>Free cash flow represents the amount that is left to all the providers of capital after the payment of all all operating expenses, working capital and investment in fixed asset expenditures.</em>

<em>It is computed as cash flow made from operation less capital expenditures</em>

For Blur Communications

The Free cash flow

= EBIT (1-T) - increase in capital expenditure - increase in working capital

= 7600 - $1,140 - 10

= $ 6,450  million

Free cash flow (FCF) for next year = $ 6,450  million

6 0
3 years ago
Read 2 more answers
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