Which of the following is NOT one of the tenets of the philosophy of lean?

a. promoting respect for people
b. eliminating waste and inefficiency
c. commitment to the 5S model
d. terminating those employees who are below average in productivity


d. terminating those employees who are below average in productivity

Business

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________ is a measure of space productivity used by retailers.

A. Sales per square foot B. Inventory turnover C. Asset turnover D. Tonnage merchandising E. Price lining

Business

A machine costing $75,000 is purchased on September 1, Year 1. The machine is estimated to have a salvage value of $10,000 and an estimated useful life of 4 years. Double-declining-balance depreciation is used. If the machine is sold on December 31, Year 3 for $13,000, the journal entry to record the sale will include:

A. A debit to loss on sale for $2,625. B. A debit to loss on sale for $3,042. C. A credit to gain on sale for $4,979. D. A credit to accumulated depreciation for $59,375. E. A credit to gain on sale for $8,000.

Business

What is the probability that there are no vehicles in the system?

In a bank drive-through, there is a single service window and room only for two cars to line-up to wait for service. The mean time between arrivals for drive through customers is 5 minutes. The mean time to complete a customer transaction is 3 minutes. The number of arrivals is distributed according to a Poisson distribution and the service times are exponentially distributed.

Business

What are some risks of cryptocurrencies?

What will be an ideal response?

Business