Companies enjoy many benefits of using JIT. Which is not a benefit of adopting JIT? Ability to respond quickly to changes in customer demand Lower inventory carrying costs Ability to continue production despite disruptions in deliveries of raw materials More space available for production

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A: Introduction:- Management (or management) is the administration of a company, whether for-profit,…

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Q: Which of the following decreases the non-value added time of producing a product and in turn…

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Q: Identify which of the statements below are true (T) or false (F). Lean businesses aim to: Reduce…

A: Lean businesses aim to: Reduce inventory levels--true

Q: Question 15 Which of the following is not an operational change a company might make if it wants to…

A: Inventory means the stock of goods in which the businessmen deals. Every company wants to maintain…

Q: . What is the major advantage of using a perpetual inventory system? a. It provides efficient…

A: Hi student Since there are multiple questions, we will answer only first question.

Q: Keeping track of inventory and keeping carrying costs down.  How do you think those issues would…

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A: Cost of goods sold are the direct allocated cost to the goods manufactured, which have been solved…

Q: Many companies recognize that their cost systems are inadequate for today's powerful global…

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Q: 1) Which of the following is a reason that has accelerated the demand for refinements to the costing…

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Q: Which of these efforts or actions (i.e., changing values) requires managing quality, i.e., decrease…

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Q: What does the EOQ decision model help managers do? 2- Why are companies using just-in-time…

A: Since you have posted a question with multiple sub-parts, we will solve first three subparts for…

Q: Generally speaking, companies prefer doing business with customers who: • order small quantities…

A: Customers are the persons who buy goods or receive services from some other person.

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A: The JIT inventory system provides more efficient use of working capital and enhances cash flow

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A: The company's aim will be to increase the profitability of the company. The profits can be arrived…

Q: As a general rule of​ economics, companies should only produce and sell units as long as​ ________.…

A: As a general rule of​ economics, companies should only produce and sell units as long as​ the…

Q: Identify which of the statements below are true (T) or false (F). Lean businesses aim to: Reduce…

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Q: which of the following is considered a signal of success for a manufacturing company? A) A low quick…

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Q: Which of the following is not a qualitative factor that Atlas Manufacturing should consider when…

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Q: Variable costing has an advantage over absorption costing for which of the following purposes? all…

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Q: Which one of the following is a disadvantage of Mass Production system? a. Higher level of inventory…

A: The production systems are classified into three. They are: Job production Batch production and…