A method in which production of an item begins in advance of customer needs is called the push method.
<h3>What is push method?</h3>
A push system in production and manufacturing depends on a foreseen or anticipated demand. In other words, production is finished before a consumer places an order. Push systems use Material Requirements Planning to manage inventory in material control and delivery (MRP).
A push system starts production in response to the current demand, but a pull system starts it in anticipation of the future demand. In a push system, production is started without regard to requests, but in a pull system, production is started in response to real final product demands.
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Answer:
a) Stagflation
b)$110 billion
c) $110
Explanation:
Your question was incomplete as it lacked the relevant graph so I have attached it to this answer.
The short-run economic outcome resulting from the increase in production costs is known as__STAGFLATION____.
Stagflation refers to a situation where the Economy simultaneously goes through both Inflation and Stagnation.
Inflation in that prices rise and Stagnation in the production of goods due to high costs of production.
In the long run, when the government does nothing, the output in the economy will be $__110____billion and the price level will be___$110_____.
The question states that effects on the Natural level of output should be ignored. The Natural Level of Output is the quantity that the Economy produces in the long run with all resources being used optimally. This means that regardless of Government intervention, the point where the Aggregate Demand Curve intersects the Long Run Supply Curve will give the price of $110 and as the Long Run Supply Curve is at $110 billion, that is the rate of Output in the economy in the long run.
B.) they feared that Japanese Americans were a security threat
they didn't want to risk one of them being a spy for Japan
Answer:
Austin's capital:
= Market value of land + Market value of inventory + Cash - Notes payable
= $162,000 + $62,900 + $34,000 - $60,000
= $198,900
Therefore, the journal entry is as follows:
Land A/c Dr. $162,000
Inventory A/c Dr. $62,900
Cash A/c Dr. $34,000
To notes payable $60,000
To Austin's capital $198,900
(To record the contribution of Fisher to the partnership)
Answer:
True
Explanation:
An accurate inventory of the record helps us to ensure that you always have the high-demand items on-hand, so that you would never come up short. An accurate inventory record also allows you to follow the sales trends, so that you can differentiate between the fast-moving and the slow-moving products. Keeping reports of the monthly inventory record helps us understand what stocks are doing well, and versus which are just taking up the shelf space. The lack of the right inventory can mean back orders and excess inventory which consequently drive up the costs. Thus, Inventory records help determine how many items of material, components, and sub-assemblies need to be ordered to make the final product.