Social Studies, 20.12.2019 02:31 helpmewithmath70

Plasti-form group needs to economize on its inventory holding costs and plans to have materials arrive at the manufacturing plant when it is time for them to enter the production process rather than constantly keep them on hand at the facility. what system is plasti-form group implementing?

Answers: 1

Show answers

Answers

Answer from: travawnward

Pasti-Form group is implementing the "Just in Time Inventory System".

(JIT) inventory is a strategy to increase efficiency and decrease waste by receiving goods only as they are needed in the production process, thereby reducing inventory costs.

Explanation:

Just in time inventory, also known as JIT inventory, is the reduced amount of inventory owned by a business after it installs a just-in-time manufacturing system. Doing so eliminates a considerable amount of investment in inventory, thereby reducing the working capital needs of a business.

This JIT is a system of managing inventory that is designed to improve efficiency and reduce waste in a production process, and minimize inventory carrying costs as it costs money to hold inventory and the just-in-time system aims to eliminate that cost by reducing the amount of inventory that a company maintains. The concept is based on a cluster of lean manufacturing activities that are designed to only manufacture enough products to meet customer demand.

The elements of JIT include:

Continuous improvement

Eliminating waste

Good housekeeping - workplace cleanliness and organisation.

Set-up time reduction - increases flexibility and allows smaller batches

Levelled / mixed production - to smooth the flow of products through the factory.

The Key Features of JIT Inventory benefit businesses by:

Less reliance on forecasting

Lower warehouse costs

Less spoilage and waste

Higher Return On Total Assets ratio (ROTA)

Reduced all around inventory costs

Answer from: Quest

Aunitary state is a form of state where power is concentrated and there is a single center of power that extends its actions throughout the territory of the respective state. this, through its agents and local authorities, delegates of that same central power, and in its majority; it can count on a single legislating apparatus; except for certain exceptions, which legislate for the entire country; a judicial power, which applies the current law to the entire territory of the state and within which a supreme court of justice is established, which has jurisdiction at the national level; a single executive power, that is conformed by all the governors (president, governors, mayors, etc.); and a single political constitution, which governs all the territory and to which all the authorities and inhabitants of the state are subject.a confederation (from the latin: confœderatĭo) consists of the union of states that retain their sovereignty and are governed by certain common laws. initially there was talk of "confederation" in the case of alliances, for this reason the word "confederation" is still used in non-governmental civil society institutions. for this reason, the term confederation is also used to describe any type of organization that combines the authority derived from other semi-autonomous entities. in this case, sports confederations can be cited as some examples. however, the word confederation takes much more relevance when it comes to some permanent alliance of states or some association or association of states.characteristics of a federal government system

a) written constitution. also known as magna carta and a necessity of the democracies that form federations to regulate the principles by which the government will be governed, because if they had to act without a body of specific laws would produce confrontations.

b) territorial division. federalism is constituted by the division of powers on the geographical basis of each territory.

c) decentralization. in a federal system there is both a central government and units of government lower than the central one, each making decisions regarding the provision of certain public services in their respective geographical jurisdictions.

d) supreme court of justice. to counteract the rigidity of the written constitution, judicial action is required to interpret said constitution and necessary changes can be made.

Answer from: Quest

5th to stop bare arms

Another question on Social Studies

Social Studies, 21.06.2019 17:00

When were the first 10 amendments to the constitution adopted and what was their purpose? when were the first 10 amendments to the constitution adopted and what was their purpose?

Answers: 1

Answer

Social Studies, 22.06.2019 12:10

Which of the following is true of cultural syndromes of distress? a. it refers to attributing pathological symptoms to normative cultural differences. b. refers to misinterpreting culturally sanctioned behavior as expressions of pathological symptoms. c. it refers to the ways that communities and cultural groups communicate and express their distressing thoughts, behaviors, and emotions. d. it refers to patterns of symptoms that tend to cluster together for individuals in specific cultural groups, communities, or contexts.

Answers: 1

Answer

Social Studies, 22.06.2019 22:00

What contributions did muslims make to astronomey

Answers: 1

Answer

Social Studies, 23.06.2019 02:00

Linda, mike, and carol all call their group leader by her first name, juanita. a fifth group member, leslie, calls her ʺms. garcia.ʺ leslie has not accepted:

Answers: 1

Answer

You know the right answer?

Plasti-form group needs to economize on its inventory holding costs and plans to have materials arri...

Questions