List and explain three capabilities of lean warehousing
1 . Greater emphasis on cross docking ? Faster inbound and outbound turnaround results in lower overall inventory requirements
2 . Reduced lot sizes and shipping quantities ? inbound and outbound shipments are smaller in size. Faster, but more handling is required
3 . A commitment to customers and service quality ? Employees more focused on satisfying warehouses inbound and outbound customers
4 . Increased automation ? To be faster and more reliable, more automation is required to remain competitive.
5 . Increased assembly operations ? lean systems and mass customization will require last minute assembly. This increases the requirements for employee skill and machinery at these facilities.
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Mocha Company manufactures a single product by a continuous process, involving three production departments. The records indicate that direct materials, direct labor, and applied factory overhead for Department 1 were $100,000, $125,000, and $150,000, respectively. The records further indicate that direct materials, direct labor, and applied factory overhead for Department 2 were $50,000,
$60,000, and $70,000, respectively. In addition, work in process at the beginning of the period for Department 1 totaled $75,000, and work in process at the end of the period totaled $60,000. The journal entry to record the flow of costs into Department 2 during the period for direct materials is: A) Work in Process--Department 2 100,000Materials 100,000 B) Work in Process--Department 2 50,000Materials 50,000 C) Work in Process--Department 2 150,000Materials 150,000 D) Materials 50,000Work in Process--Department 2 50,000
A production increase at the bottleneck means an increase for the entire production system; an increase in a nonbottleneck operation adds to only that machine's ______ time.
Fill in the blank(s) with the appropriate word(s).
Customers want
a. unprofessional treatment. b. dedication attention. c. a "chatty" salesperson. d. none of these choices.
An uncertain event that if it occurs will have a positive or negative effect on the objectives of the project best defines
A) project weakness. B) project risk. C) project threat. D) project opportunity.