Describe the lean manufacturing approach.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 87% (8 reviews)
Lean manufacturing derived from the Toyota Production System is a philosophy ce...View the full answer
Answered By
MICHAEL KICHE
I was employed studypool for the first time in tutoring. I did well since most of my students and clients got the necessary information and knowledge requested for. I always submitted the answers in time and followed the correct formatting in answering eg MLA or APA format,
Again I worked with the writers bay where I did writing and got many clients whom we worked with so closely. They enjoyed every single service I delivered to them. My answers are always correct.
4.70+
13+ Reviews
54+ Question Solved
Related Book For
Management Accounting Information for Decision-Making and Strategy Execution
ISBN: 978-0137024971
6th Edition
Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young
Question Posted:
Students also viewed these Managerial Accounting questions
-
Lean manufacturing is what a lot of manufacturing firms are after these days. This means a renewed focus on productivity and profitability, particularly for firms that compete on a cost leadership...
-
Lean manufacturing and lean accounting promise significant benefits to an organization. Yet, the initial effect of lean manufacturing is often an initial drop in profits reported on the financial...
-
Describe the use of lean accounting applied to cellular manufacturing teams.
-
Q2. The figure below shows a three stage space-division switch with N =400, n-10 and 8 cross bars at the middle stage. Carefully analyze this multistage network and answer the following questions:...
-
Sunny Day Stores operates convenience stores throughout much of the United States. The industry is highly competitive, with low profit margins. The company's competition includes national, regional,...
-
Jacksonville Corporations balance sheet at March 30, 20X1, contained only the following items (arranged here in random order): On March 31, 20X1, these transactions and events took place: 1....
-
What are the major differences between Maslows hierarchy of needs and Alderfers ERG theory of motivation?
-
The net income reported on the income statement for the current year was $600,000. Depreciation recorded on store equipment for the year amounted to $24,000. Balances of the current asset and current...
-
I got this wrong previously and I just want to learn what is the right answer Consider the following function 2x - 1 if x # -1 f(x) = (x - 3) (x +1) a if r = -1 Which value of a would imply f...
-
Medical researchers want to compare the success rate of a new non invasive method for replacing heart valves using a cardiac catheter with traditional open-heart surgery. They have 40 male patients,...
-
What is group technology?
-
List three examples for each of the following quality costing categories: (a) Prevention costs (b) Appraisal costs (c) Internal failure costs (d) External failure costs.
-
A horizontal uninsulated steam pipe passes through a large room whose walls and ambient air are at 300 K. The pipe of 150-mm diameter has an emissivity of 0.85 and an outer surface temperature of 400...
-
Which memory management scheme(s) would you specifically avoid for a real-time OS application such as airplane landing gear deployment? Explain. 2-What do these memory management schemes have in...
-
What role do organisms play in biogeochemical cycles, and how do these interactions at the organismal level contribute to ecosystem function and global environmental processes ?
-
6-78 A wind turbine is rated at 2.5 MW. The capacity factor is 35 percent. Various costs associated with this wind turbine are as follows: Turbine cost = $3,625,000 Balance of station = $1,700,000...
-
The following information is from Amos Company for the current year ended December 31. a. Retained earnings at December 31 of the prior year (before discovery of an error) was $868,000. b. Amos...
-
Will the following programs terminate? (a) int balance while (true) { 10; if (balance < 9) break; balance balance 9; } System.out.println("Balance is " (b) + balance); int balance = 10; while (true)...
-
The following cases are independent. Case A Knowledge Kingdom Corporation had 500,000 Series A shares and 250,000 Series B shares outstanding on January 1. Each non-voting Series A share has a \$2...
-
(a) Water flows through the nozzle of a garden hose. Find an expression for m in terms of line pressure P 1 , ambient pressure P 2 , inside hose diameter D 1 , and nozzle outlet diameter D 2 . Assume...
-
Suppose one of the inducements provided by Taiwan to Xidex to set up a local production facility is a ten year, $12.5 million loan at 8%. The principal is to be repaid at the end of the tenth year....
-
Kathleen and Mary (KM) operate a small coffee shop. They produce regular coffee available from many other similar businesses and also produce gourmet coffee for special orders. Their accountant...
-
Prior to last year, Leastan Company had not kept departmental income statements. To achieve better management control, the company decided to install department-by-department accounts. At the end of...
-
The management of Biggs Company is considering a proposal to install a third production department within its existing factory building. With the companys present production setup, 200,000 pounds per...
-
The following information pertains to ABC Corporation for the year ended December 31, 2023: Item Amount ($) Sales Revenue 11,000,000 Cost of Goods Sold 5,500,000 Gross Profit ? Operating Expenses...
-
Consider the following data for Burger King: Selling price per unit: $5 Variable cost per unit: $3 Fixed costs: $20,000 Complete the table below to calculate the break-even point and prepare a...
-
Determine the cost of goods sold if a company's beginning inventory was $30,000, purchases during the period amounted to $120,000, and the ending inventory was valued at $40,000. Discuss the...
Study smarter with the SolutionInn App