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KIM [24]
2 years ago
6

You were recently promoted to the head of the machine shop. As you start to look around, you notice that there are many machines

on the production floor, but there doesn't seem to be an efficient flow from one machine to another. Plus, the work in progress inventory is stacked up in front of many of the machines. You know that a lot of work in progress inventory is an indication of an inefficient process so you want to understand the movement of the material through the shop so that you can reduce the non-valued-added activities and reduce delay. What would be the best method to use? __________
Business
1 answer:
galina1969 [7]2 years ago
7 0

Answer:

Here we can use a approach which is know as 5 S PLUS 1 S.

Explanation:

This approach of 5 S PLUS 1 S means sort, set in order, shine, standardize,sustain and safety, this is a very common method that corporations uses to increase both their efficiency and productivity with decreasing the wastage of materials.

In this organization workplace method, we start with sorting out all the unnecessary material that we don't need  and then we start organizing the workplace, as it is important to keep all the inventories and other useful materials or tools properly and then comes the step of keeping useful stuff tidier and would help in maintaining a certain level of standard in the production and by keeping doing all these things an organization can maintain sustainability and keep the company free from any hazards.

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Adrianna works as a purchasing manager at a trading firm and earns a salary of $60,000. She has deductions of $3,000 and tax cre
Musya8 [376]

Adrianna's salary $60,000

She has deductions of $3,000

Tax credits of $5,000

Annual tax of $6,000

What is her annual disposable income?

To solve, subtract all the deductions or money leaving her salary and add the credits she receives yearly.

$60,000 - $3,000 = $67,000

$57,000 + $5,000 = $62,000

$62,000 - $6,000 = $56,000

Adrianna's annual disposable income is $56,000.

6 0
2 years ago
Calculate the ROI dollar amount and percentage for these example investments. a. You invest $50 in a government bond that says y
Naily [24]

Answer:

a. ROI Dollar Amount $4; ROI percentage = 8%.

b.ROI Dollar Amount $15; ROI percentage = 15%.


a. We have:

Initial investment            $50

Amount at year end       $54

ROI Dollar Amount         54 -50 = 4

ROI Percentage              \mathbf{ \frac{4}{50} * 100 = 8%}

b.

Initial investment            $100

Amount at year end       $115

ROI Dollar Amount         115 -100 = 15

ROI Percentage              \mathbf{ \frac{15}{100} * 100 = 15%}

8 0
2 years ago
If HHC has $1,900 cash, $500 of government Treasury bills purchased four months ago, $930 of cash set aside for its workers' com
yarga [219]

Cash is the real money that we have while cash equivalents are instruments that can be turn to cash quickly. They are very liquid.

Treasury bills are cash equivalents. They are very liquid and can be converted into cash quickly. They are instruments in the money market.

Going by this above explanation, the Cash and Cash Equivalents that will be reported on the balance sheet are:

Cash --------------------------------------- $1,900

Treasury bills purchased--------------$500

Total-------------------------------------------<u>$2,400</u>

<u></u>

$2,400 will be reported as Cash and Cash Equivalents on the balance sheet.

8 0
2 years ago
You go to the movieplex where movies ordinarily cost $9. You are intending to see a movie for which you have a $3 off coupon goo
adoni [48]

Answer: The amount you value the first movie + $3

Explanation:

Opportunity cost is the cost of the next best alternative foregone. It can be expressed as the value of the good you loose. If the person decides to see the new release with his friend, he is foregoing the value of the previous movie that he wanted to watch as well as loosing the value of the coupon ($3) which is valid for the other movie only. Thus, his opportunity cost is the amount you value the first movie + $3.

7 0
2 years ago
Kim will only buy cars from Japanese automakers because she thinks cars made in the United States are of inferior quality. She h
slega [8]

Answer:

Perception barrier

Explanation:

Perception barrier in communication occurs when the preconceived idea that a person holds about a particular situation influences his choice of decision.

In such a situation , the perceiver makes a less effort in arriving at a choice as he already has a formed opinion as a driver of his choice which can always lead to a wrong choice except in a few cases.

This explains Kim's action as she is already biased about cars from United states.

8 0
2 years ago
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