Homework Answers
Just-in-time processing:
- eliminates the push approach.
This is because the Just-in-time philosophy is based on pull system
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Question 16 Just-in-time processing is based on a just-in-case philosophy. results in higher inventory amounts. eliminates...
U ng work-in-process inventory between workstations e. Reworking the product to make it perfect. 25. Just-in-time...
U ng work-in-process inventory between workstations e. Reworking the product to make it perfect. 25. Just-in-time processing a. is based on a just-in-case philosophy b. results in a push approach. minimizes inventory storage and waiting time. All of these e none of these 26. The change in total cost associated with each change in the quantity of the cost driver is a. Average cost. b. Controllable cost. Variable cost. Differential cost. e. Marginal cost 27. Which of the following tend...
Just-in-time processing requires Group of answer choices A) a constant build-up of finished goods inventory just...
Just-in-time processing requires Group of answer choices A) a constant build-up of finished goods inventory just in case unexpected or rush orders are received. B) that suppliers of the company be able to deliver on short notice exact quantities of raw materials. C) that the quality control system be eliminated so that production is completed without interruption. D) an increase in the level of raw materials inventory so that production can be completed just-in-time before the delivery date promised.
Your company has just adopted a just-in-time philosophy, allowing it to combine all parts of an...
Your company has just adopted a just-in-time philosophy, allowing it to combine all parts of an order and it is sold as soon as it is completed. You notice two of the plants estimate their ending Work-in-Process inventories at 80%. This allows the plant managers to meet their profit goals and receive a bonus. The managers feel calculating the percent complete takes judgement and they will finish the Work-in-Process inventory first thing next year. Evaluate the manager’s reasoning and explain...
Conceptual Question 16-7 Suppose processing times and the coefficients... Suppose processing times and the coefficients of...
Conceptual Question 16-7 Suppose processing times and the coefficients... Suppose processing times and the coefficients of variation of interarrival times and processing times are held constant. If utilization is increased from 80 percent to 90 percent, which of the following systems experiences the largest increase in the average waiting time in queue? O A queue with 1 server. A queue with 10 servers. O A queue with 100 servers. All of the above three queues experience the same increase.
What is JIT? a. Just in time b. Justin Timberlake c. Jobs in transit d. Just...
What is JIT? a. Just in time b. Justin Timberlake c. Jobs in transit d. Just inventory transferrable 5 points Question 15 Lean accounting is a. A costing method that focuses on value streams, as distinguished from individual products or departments, thereby eliminating waste in the accounting process b. A costing method that focuses on value streams undistinguishable from individual products or departments c. A method that results in increases to waste in the accounting process d. A six sigma...
PLEASEE help with question 8-9 and 10.. pleaseee 8).just in time inventory management is a method...
PLEASEE help with question 8-9 and 10.. pleaseee
8).just in time inventory management is a method under which the inventory comes in (in many cases) just hours before it is needed. Name at least one plus and one minus of this system? 9) A company sells all if it's inventory on the following terms: 1/10 net 30. What does this 10-why do companies extend "trade credit" (example allowing customers 30 days to pay) to their customers-what might happen if they...
QUESTION 6 Companies follow just in time inventory management policies b. C. to minimize the cost...
QUESTION 6 Companies follow just in time inventory management policies b. C. to minimize the cost of carrying inventory and prevent capital from being locked up in non-productive uses. because it is the best way to manage inventories in all situations. because it frees up the company's production systems from being closely tied into its vendors' information systems. as it allows the company the flexibility of manufacturing and storing finished goods far in advance of sales. d.
QUESTION 6 Companies follow just in time inventory management policies b. C. to minimize the cost...
QUESTION 6 Companies follow just in time inventory management policies b. C. to minimize the cost of carrying inventory and prevent capital from being locked up in non-productive uses. because it is the best way to manage inventories in all situations. because it frees up the company's production systems from being closely tied into its vendors' information systems. as it allows the company the flexibility of manufacturing and storing finished goods far in advance of sales. d.
E) Only (a) and (b) above 15. In project scheduling, when three time estimates are given...
E) Only (a) and (b) above 15. In project scheduling, when three time estimates are given for each activity i just one time estimate, the project scheduling method used is called: A) CPM B) PERT D) Kanban E) None of the above 16. With regard to time horizons in capacity planning, aggregate planning differs scheduling in that aggregate planning: A) is for the long-range and scheduling is for the short-range. B) is for the short-range and scheduling is for medium-range....
no explanation needed just answers Question 14 1 pts The use of cap-and-trade as a market...
no explanation needed just answers
Question 14 1 pts The use of cap-and-trade as a market tool requires difficult tradeoffs and regulatory experience to determine how much pollution is allowable. True False D Question 15 1 pts For many firms far more time and money are invested in green advertising than green practices. True False D Question 16 1 pts MULTIPLE ANSWER QUESTION--CHECK ALL THAT APPLY Which of the following are values that cannot be captured in a market based...
U ng work-in-process inventory between workstations e. Reworking the product to make it perfect. 25. Just-in-time processing a. is based on a just-in-case philosophy b. results in a push approach. minimizes inventory storage and waiting time. All of these e none of these 26. The change in total cost associated with each change in the quantity of the cost driver is a. Average cost. b. Controllable cost. Variable cost. Differential cost. e. Marginal cost 27. Which of the following tend...
Conceptual Question 16-7 Suppose processing times and the coefficients... Suppose processing times and the coefficients of variation of interarrival times and processing times are held constant. If utilization is increased from 80 percent to 90 percent, which of the following systems experiences the largest increase in the average waiting time in queue? O A queue with 1 server. A queue with 10 servers. O A queue with 100 servers. All of the above three queues experience the same increase.
PLEASEE help with question 8-9 and 10.. pleaseee
8).just in time inventory management is a method under which the inventory comes in (in many cases) just hours before it is needed. Name at least one plus and one minus of this system? 9) A company sells all if it's inventory on the following terms: 1/10 net 30. What does this 10-why do companies extend "trade credit" (example allowing customers 30 days to pay) to their customers-what might happen if they...
QUESTION 6 Companies follow just in time inventory management policies b. C. to minimize the cost of carrying inventory and prevent capital from being locked up in non-productive uses. because it is the best way to manage inventories in all situations. because it frees up the company's production systems from being closely tied into its vendors' information systems. as it allows the company the flexibility of manufacturing and storing finished goods far in advance of sales. d.
QUESTION 6 Companies follow just in time inventory management policies b. C. to minimize the cost of carrying inventory and prevent capital from being locked up in non-productive uses. because it is the best way to manage inventories in all situations. because it frees up the company's production systems from being closely tied into its vendors' information systems. as it allows the company the flexibility of manufacturing and storing finished goods far in advance of sales. d.
E) Only (a) and (b) above 15. In project scheduling, when three time estimates are given for each activity i just one time estimate, the project scheduling method used is called: A) CPM B) PERT D) Kanban E) None of the above 16. With regard to time horizons in capacity planning, aggregate planning differs scheduling in that aggregate planning: A) is for the long-range and scheduling is for the short-range. B) is for the short-range and scheduling is for medium-range....
no explanation needed just answers
Question 14 1 pts The use of cap-and-trade as a market tool requires difficult tradeoffs and regulatory experience to determine how much pollution is allowable. True False D Question 15 1 pts For many firms far more time and money are invested in green advertising than green practices. True False D Question 16 1 pts MULTIPLE ANSWER QUESTION--CHECK ALL THAT APPLY Which of the following are values that cannot be captured in a market based...
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