Answer:
False ( "Large lot sizes" is not considered essential for JIT )
Explanation:
Just in time is an arrangement and alignment of raw material supply with the production process of the business. It minimizes the holding cost, lead time required for delivery of raw material, the setup times and sizes of orders.
The Large lot sizes is not a characteristics of JIT because it may requires the storage facility to place the large orders until used in production which might increase the holding cost.
So, Large Lot Sizes are not considered essential for a comprehensive JIT implementation.
Answer:
B. inform her divisional merchandiser manager of the proposal
Explanation:
Since in the question it is mentioned that the Janine buys from each season also she knows that this thing would become benefiical what European tourists are wearing and applying this in an assortment for the customers that are targeted
So before discussion with the vendor first she reports the divisional merchandiser manager regarding this proposal
Answer: Joint operating agreement
Explanation:
The joint operating agreement is one of the concept that helps in protecting the business or the industry from the failure that helps in governing the partnership between any two organization.
In this type of agreement any two organization are basically contributing their power and the resources for producing the effective result.
According to the given question, the newspaper industry is one of the example of joint operating agreement in which two companies are permitted for combining their business. Therefore, Joint operating agreement is the correct answer.
Answer:
32.59 days
Explanation:
DSO = Average receivables / Sales Revenue X 365
= $56,736 / (2,473,701 - 1,838,207) x 365
= $56,736 / (635,494) x 365
= 32.59 days
Answer:
1. Physical control
2. Segregation of duties
3. Pre-numbered documents
4. Segregation of duties
5. Establishment of responsibility
Explanation:
1. As this shows that someone locked cash in safe, so this will be physical control.
2. As this shows the division of duties among employees, so this will be segregation of duties.
3. As this shows documents are pre numbered so it comes under pre-numbered documents.
4. As this shows the division of duties for bookkeeper, so it comes under segregation of duties.
5. This shows the responsibility of any work on a person, so this will be establishment of responsibility.
