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mestny [16]
2 years ago
7

which manufacturing strategy can be described as producing products to put into inventory based on a demand forecast

Business
1 answer:
Gwar [14]2 years ago
8 0

The make-to-stock manufacturing (MTS) strategy can be described as producing products to put into stock based on a demand forecast.

In this strategy, companies do not maintain productive stability over a period of time, but adjust their manufacturing strategy according to times when demand can increase or decrease.

Some advantages of the make-to-stock strategy are:

  • Economy of scale.
  • Waste reduction.
  • Efficiency in the use of resources.
  • Increased response time.

So this is an effective manufacturing strategy for companies that can accurately forecast their demand.

Learn more here:

brainly.com/question/24099922

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Which of the following is a feature of high-level code
Deffense [45]

Answer:

feature

Explanation:

Easier to read, write and maintain as commands are similar to English. Allow access to module libraries. Use data types and data structures, selection statements and repetition/iteration constructs. Use logic operators and functions that are built into the language.

6 0
3 years ago
__________ argues that the productivity of workers will increase if they are paid more, and so employers will often find it wort
Triss [41]

Answer:

Efficiency wage theory

Explanation:

Efficiency wage theory was first postulated by Alfred Marshall, where he viewed compensation to workers as based on their efficiency.

Companies use efficient wage to reduce staff turnover, as staff are motivated to stay because of wages that are above the industry standard.

It is also a way to reduce cost mostly in industries where the cost of staff replacement is high.

6 0
3 years ago
CPI is calculated by dividing the ____ using ____by the ____using ____ and multiplying by 100.
Anika [276]

Explanation:

The CPI stands for Consumer Price index . It refers to the change in the price level with respect to the goods and services available in the market.

The CPI is calculated below

= Given the cost of market goods and services using the price of given year by the Given cost of market goods and services using the price of a base year and then it would be multiplied by 100

While the GDP Deflator deals with the price of all goods and services that are produced in domestic.

7 0
3 years ago
hen calculating the cost of direct materials on the schedule of cost of goods manufactured, the cost of indirect materials is __
Kisachek [45]

It should be noted that When calculating the cost of direct materials on the Schedule of Costs of Goods Manufactured,

The  cost of indirect materials must be Subtracted from raw materials used in production.

<h3>What are Direct material costs ?</h3>

Direct material costs  can be regarded as those cost of the raw materials as well as those components used in making the product.

Therefore, the cost of indirect material is required to be Subtracted from raw materials used in production.

learn more about Direct material cost at:

brainly.com/question/25790358

7 0
2 years ago
In the new product development process, new product is introduced to the market during the ________ stage.
prohojiy [21]

Answer:

Introduction

Explanation:

The product is new in the market, sales are slow and to push it higher the company has to incur heavy expenditure on advertisement to make it appealing to customers. So products are introduced during the Introduction Stage.

5 0
3 years ago
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