(a) Describe the philosophy and approach of just-in-time processing. (b) Identify the major elements of JIT processing....
Question:
(b) Identify the major elements of JIT processing.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 70% (10 reviews)
a Justintime processing has a justintime philosophy and a pull approach b Ther...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
Accounting Principles
ISBN: 9781118566671
11th Edition
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
Question Posted:
Students also viewed these Managerial Accounting questions
-
Describe the philosophy that underlies JIT (i. e., what is JIT intended to accomplish?).
-
Describe the TQM philosophy and identify its major characteristics.
-
Identify and briefly describe the major elements of project management.
-
The labor force participation rate is increasing in Japan because... a) there are fewer unemployed people b) the working age population is increasing c) retirement ages are increasing d) more women...
-
Refer to the information for Jasmine Company above. Jasmine Company provided the following income statements for its first 3 years of operation: Required: Prepare common-size income statements by...
-
A 6.5 pair of binoculars has an objective focal length of 26 cm. If the binoculars are focused on an object 4.0 m away (from the objective), what is the magnification? (The 6.5 refers to objects at...
-
In your interim work on the sales transactions of the Carlean Company, you elect to use the attributes shown in Figure 7-7. Assume, however, the following: The population consists of 7,000...
-
Hertz Limo Service was organized to provide limousine service between the airport and various suburban locations. It has just completed its second year of business. Its trial balance follows. The...
-
You need to accumulate $10,000. To do so, you plan to make deposits of $1,400 per year - with the first payment being made a year from today - into a bank account that pays 7% annual interest. Your...
-
Wilm Schmidt, the owner of Wilm?s Window Washing Services, had difficulty getting the debits to equal credits on the January 31, 2020, trial balance. The following errors were discovered: a. Schmidt...
-
How does a company decide whether to use a job order or a process cost system?
-
(a) What are the principal differences between activity based costing (ABC) and traditional product costing? (b) What assumptions must be met for ABC costing to be useful?
-
Rusti-Verres SNC sells two brands of wine glasses Choc and Chic. Rusti-Verres provides the following information for sales in the month of June 2018: All variances are to be calculated in...
-
Calculate the diffusion potential for an uncharged membrane with a concentration of 0.5 \(\mathrm{M}\) on one side and \(0.1 \mathrm{M}\) on the other side for solutions of (a) \(\mathrm{CuSO}_{4}\),...
-
Consider a system with a "supporting" electrolyte, for example \(\mathrm{CuSO}_{4}\), and a second salt such as a mixture of \(\mathrm{CuSO}_{4}\) and \(\mathrm{Na}_{2} \mathrm{SO}_{4}\). The system...
-
Diffusion of weakly ionized acids such as acetic acid is an interesting and complex problem in diffusion. The diffusion involves the ionized species \(\mathrm{CH}_{3} \mathrm{COO}^{-}\)as well as the...
-
A solid is in the form of a sphere and has a surface charge of \(q_{\mathrm{S}}\). Derive an expression for the potential in the external region.
-
A solid is in the form of a long cylinder and has a surface charge of \(q_{\mathrm{S}}\). Derive an expression for the potential in the external region. Use the Debye-Hckel approximation and solve as...
-
The Bode plot for an open-loop transfer function \(K G(s)\) is shown in Figure 10.80. a. Determine the stability of the closed-loop system. b. Assume that the proportional control gain \(K\) is...
-
Portal Manufacturing has total fixed costs of $520,000. A unit of product sells for $15 and variable costs per unit are $11. a). Prepare a contribution margin income statement showing predicted net...
-
If a communications session were to employ encryption or compression, which layer of the ISO/OSI Reference Model would perform this service?
-
These financial statement items are for B. Snyder Company at year-end, July 31, 2010. Instructions(a) Prepare an income statement and an owner??s equity statement for the year. The owner did not make...
-
LaBamba Company pays salaries of $10,000 every Monday for the preceding 5-day week (Monday through Friday). Assume December 31 falls on a Tuesday, so LaBambas employes have worked 2 days without...
-
On December 31, the adjusted trial balance of Oslo Employment Agency shows the following selected data. Analysis shows that adjusting entries were made to (1) accrue $4,500 of commission revenue and...
-
The Step Company has the following Information for the year just ended: Sales in units Budget 15,000 Actual 14,000 Sales $150,000 $147,000 Less: Variable Expenses 90,000 82,600 Contribution Margin $...
-
Question 2 (2 marks) The year level coordinators for Years 7 to 11 at the school are Amy (A), Brian (B), Claire (C), Daisy (D) and Ellie (E). A faulty telephone system means that some of these...
-
On a certain farm alfalfa yields have been 4.3, 7.2, 5.6, and 3.6 tons per acre in the last 4 years. What is the expected value for the farm's alfalfa yield, if each past result is given equal weight...
Study smarter with the SolutionInn App