What is schedule stability and why is it important in a lean system?
What will be an ideal response?
Schedule stability refers to the realization of production planning. Once the plan and necessary production levels are established, they are held as constant as possible and as true to the plan as practical. Such stability is necessary so that all resources can be put to their best use, i.e., production lines can be balanced and employees can be assigned to tasks that keep them working in appropriate roles.
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All companies must use a calendar year as their fiscal year
Indicate whether the statement is true or false
The tasks performed as a part of job analysis
A. focus primarily on revamping existing jobs. B. focus primarily on creating new jobs. C. are mutually exclusive of those of job design. D. have a passive, information-gathering orientation. E. have a proactive orientation toward changing the job.
How would the banking industry use business intelligence?
A. Analyze popular vacation locations with current flight listings. B. Predict claim amounts and medical coverage costs. C. Understand customer credit card usage and nonpayment rates. D. Compare the demographics of patients with critical illnesses.
Thatcher Company had a January 1, credit balance in its Allowance for Doubtful Accounts of $4,000 for the current year. The following transactions and events affected the Allowance for Doubtful Accounts during the current year:Apr. 15Bean's account receivable of $2,700 was deemed uncollectible.July 1Cho paid the full amount of a previously written-off account receivable. This receivable of $1,300 had been written off in the prior year.Dec. 31Bad debts expense of $4,500 was recorded.What amount should appear in the allowance for doubtful accounts in the December 31, balance sheet for the current year?
What will be an ideal response?