One of the purported benefits of moving to a JIT system is improvements in customer response time
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 81% (16 reviews)
We might define total customer response time as the amount of time between the time a customer place...View the full answer
Answered By
PALASH JHANWAR
I am a Chartered Accountant with AIR 45 in CA - IPCC. I am a Merit Holder ( B.Com ). The following is my educational details.
PLEASE ACCESS MY RESUME FROM THE FOLLOWING LINK: https://drive.google.com/file/d/1hYR1uch-ff6MRC_cDB07K6VqY9kQ3SFL/view?usp=sharing
3.80+
3+ Reviews
10+ Question Solved
Related Book For
Cost management a strategic approach
ISBN: 978-0073526942
5th edition
Authors: Edward J. Blocher, David E. Stout, Gary Cokins
Question Posted:
Students also viewed these Management Leadership questions
-
Cycle time efficiency and JIT Walker Brothers Company is considering the installation of a JIT manufacturing system in the hope that it will improve the company??s overall processing cycle...
-
Cycle time in manufacturing can be viewed as the total time it takes to complete a product from the beginning of the production process. The concept of cycle time varies according to the industry and...
-
The Mezcal Manufacturing Company has a mature JIT production system with average cycle time of less than one day. Total time from receipt of raw material to completion of finished product is less...
-
Jerome Neeson is a shareholder in Gourmet Chefs Inc., a company that owns and operates a test kitchen in a large metropolitan area. The company is involved in a number of businesses, including...
-
Write structural formulas for the cyclohexadienyl cations formed from aniline (C6H5NH2) during (a) Meta bromination (three resonance structures) (b) Para bromination (four resonance structures)
-
Discuss some of the unique control risks associated with the use of PCs and laptop computers compared to using mainframes. List what you consider to be three of the most important control procedures...
-
Following data relate to an oil engine working on Otto cycle : Compression ratio \(=6 ;\) B.P. \(=14.8 \mathrm{~kW}\); Suction pressure \(=1\) bar and temp. \(=27^{\circ} \mathrm{C}\); Relative...
-
Smith, having contracted to sell to Beyer thirty tons of described fertilizer, shipped to Beyer by carrier thirty tons of fertilizer, which he stated conformed to the contract. Nothing was stated in...
-
Use the chain rule to find dz dz dt z = cos(x+8y), x = 9t, dt Need Help? Read It 2+
-
Consider the network of Fig. 5-15(a). Imagine that one new line is added, between F and G, but the sink tree of Fig. 5-15(b) remains unchanged. What changes occur to Fig. 5-15(c) Figure 5-15 A A D (...
-
Describe how a just-in-time (JIT) manufacturing system is fundamentally different from a conventional manufacturing system. List two primary financial benefits associated with a shift to JIT...
-
The Ace Company sells a single product, at a budgeted selling price per unit of $20. Budgeted fixed manufacturing costs for the coming period are $10,000, while budgeted fixed marketing expenses for...
-
In a long, straight, current- carrying wire, the electrons are moving to the west. If the wire is in a uniform magnetic field pointing upward, what is the direction of the force on the wire? Answer...
-
How do trends in the job market and the economic impact compensation and benefits programs?
-
What strategies and mindset do you employ to not just navigate but thrive amidst adversity, turning challenges into opportunities for personal growth and success.
-
1. What do you think of using small area studies based on large Medicare databases to identify outliers like the cardiology treatment in Elyria, Ohio? 2. Contrast the information from such a study...
-
The weights used in weighted average cost of capital must be ________. Question 6 options: nonnegative greater than 50% less than zero zero
-
Employees are often the first line of defense when it comes to cyber security - why is it important to keep messaging and responsibilities simple? In what ways can training and awareness become "too...
-
If you hold a callable bond and the volatility of interest rates increases, what do you think usually happens to the value of your bond?
-
Evaluate the function at the given value(s) of the independent variable. Simplify the results. (x) = cos 2x (a) (0) (b) (- /4) (c) (/3) (d) ()
-
Go to the St. Louis Federal Reserve FRED database, and find data on recession dating (USREC), the unemployment rate (UNRATE), nonfarm payroll employment (PAYEMS), and the mean duration of...
-
Explain the differences between implementation controls, strategic surveillance, and special alert controls. Give an example of each.
-
Why are budgets, schedules, and key success factors essential to operations control and evaluation?
-
What are key considerations in monitoring deviations from performance standards?
-
(i) When should a firm cut dividend pay out rate and increase retention rate to maximize share price? (ii) How can the dividend-discount model handle changing growth rates?
-
November 2021 (actual) December 2021 (budgeted) January 2022 (budgeted) Cash sales $ 80.000 Credit sales Total sales 240,000 $320,000 $100,000 360,000 $460,000 $ 60,000 180,000 $240,000 Management...
-
A firm has 200 shareholders, you among them. Each shareholder owns $20 worth of sto addition, Mr. Hostile owns 50 shares (for a firm total of 250 shares) and is trying to fi management. In an attempt...
Study smarter with the SolutionInn App