List and explain three capabilities of lean warehousing.

What will be an ideal response?


a.Greater emphasis on cross docking ? Faster inbound and outbound turnaround results in lower overall inventory requirementsb.Reduced lot sizes and shipping quantities ? inbound and outbound shipments are smaller in size. Faster, but more handling is requiredc.A commitment to customers and service quality ? Employees more focused on satisfying warehouses inbound and outbound customersd.Increased automation ? To be faster and more reliable, more automation is required to remain competitive.e.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.

Business

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The International Red Cross is an example of a   

A. multinational organization. B. multigovernment organization. C. international social corporation. D. multinational corporation. E. global philanthropy.

Business

While the indirect method is prevalent in the construction of cash flow statements in the U.S., why might a firm choose to construct its cash flow statement using the direct method?

a. The direct method will always show a higher net change in cash. b. The direct method is usually easier for users to understand. c. The direct method is required by some industries. d. The direct method will always make the firm's management look better. e. None of the above answer choices is correct.

Business

One-third of the steel units ________ sold, but that one ________

A) have been/wasn't B) been/weren't C) have been/weren't D) been/wasn't

Business

Giving an employee a merit-based pay raise is an example of ______.

A. respect B. service C. distributive justice D. altruism

Business