The JIT concept (Just - In - Time) delivery system proved to be very effective for many
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 68% (16 reviews)
JIT or Just in time is a manufacturing or production strategy which helps to improve business by min...View the full answer
Answered By
Mugdha Sisodiya
My self Mugdha Sisodiya from Chhattisgarh India. I have completed my Bachelors degree in 2015 and My Master in Commerce degree in 2016. I am having expertise in Management, Cost and Finance Accounts. Further I have completed my Chartered Accountant and working as a Professional.
Since 2012 I am providing home tutions.
3.30+
2+ Reviews
10+ Question Solved
Related Book For
Managerial Accounting
ISBN: 978-0078025518
2nd edition
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
Question Posted:
Students also viewed these Managerial Accounting questions
-
Can you think of a company that suffered ethical consequences as a result of an overemphasis on a cost leadership strategy? What do you think were the financial and nonfinancial implications?
-
Both domestic and international portfolio managers are asset allocators. What is their portfolio management objective?
-
The ternary compounds called chlorofluorocarbons, or Freons, have proved to be very valuable as refrigerants and as cleaning agents for circuit boards. Unfortunately, in the atmosphere these...
-
2. There are different kinds of statistical analyses, and you will need to use one that is best suited to the data available and the information you need to collect in the given scenario (Good Days)....
-
Describe a limited liability company (LLC).
-
A train is approaching you at very high speed as you stand next to the tracks. Just as an observer on the train passes you, you both begin to play the same Beethoven symphony on portable compact disc...
-
Why is edge detection used as an early stage of computer vision? Can you think of any situations in which edge detection methods would fail?
-
1. Use appropriate descriptive statistics to summarize each of the three variables for the 40 Gulf View condominiums. 2. Use appropriate descriptive statistics to summarize each of the three...
-
7. (a) Abel is driving on the highway. Foolishly, he is speeding; he's going 40 m/s on a stretch where the speed limit is 30 m/s. He sees a police officer parked 200 m ahead of him. What must his...
-
Sur Corporation's internal divisions are based on industry. The revenues, operating profits, and assets of the operating segments of Sur are presented in thousands of dollars as follows: REQUIRED:...
-
1. Your manufacturing company is facing intense competition from firms that have already adopted such operational techniques as demand-based management and JIT systems. Before implementing those...
-
CollegePak Company produced and sold 60,000 backpacks during the year just ended at an average price of $20 per unit. Variable manufacturing costs were $8 per unit, and variable marketing costs were...
-
How many oxygen atoms are bonded to the carbon of the carbonyl of an ester functional group? (a) none (b) one (c) two (d) three
-
Do you think that the overall international legal framework of biodiversity is inadequate in the rule that it sets out?
-
State the definition of a logarithm.
-
Is the following a probability model? What do we call the outcome red? Color Probability Red 0 Green 0.1 Blue 0.1 Brown 0.3 Yellow 0.15 Orange 0.35
-
Why is the following not a probability model? Color Probability Red 0.3 Green -0.4 Blue 0.2 Brown 0.4 Yellow 0.2 Orange 0.3
-
Verify that the following is a probability model. If the model represents the colors of M&Ms in a bag of milk chocolate M&Ms, explain what the model implies. Color Probability Red 0 Green 0 Blue 0...
-
Which of the following tags is used for scriptlets? (a) (b) (c) (d)
-
31. What is the income that can be received over 15 years from $500,000 earning 6% annually? 32. What is the semiannual payment required to retire $50,000 in debt over 5 years at 8% compounded...
-
Mullineaux Corporation has a target capital structure of 55 per cent equity and 45 per cent debt. Its cost of equity is 16 per cent, and the cost of debt is 9 per cent. The relevant tax rate is 35...
-
Uncle Elmo needs to replace the family privy. The local sanitary engineering firm has submitted two alternative structural proposals with respective cost estimates as shown. Which construction should...
-
The manager in a canned food processing plant is trying to decide between two labeling machines. Their respective costs and benefits are as follows: Assume an interest rate of 12%. Use annual cash...
-
Carp, Inc. wants to evaluate two methods of shipping their products. The following cash flows are associated with the alternatives: Use an interest rate of 15% and annual cash flow analysis to decide...
-
4 Smallman's Garage uses standards to plan and control labor time and expense. The standard time for an engine tune-up is 3.75 hours. and the standard labor rate is $15 per hour. Last week, 26...
-
For Kosko Company, actual sales are $1.218,000 and break-even sales are $962,220. Compute (a) the margin of safety in dollars and (b) the margin of safety ratio. Margin of safety Margin of safety...
-
Sheridan Corp. had total variable costs of $224.200 total hied costs of $143500, and total revenues of $380.000. Compute the required sales in dollars to break even
Study smarter with the SolutionInn App