Explain the concept of the "just-in-time" inventory control technique. Under what circumstances would JIT be most appropriate? Explain the concept of performance management. Explain the steps used to develop a
Explain the various elements of a typical system. What will be an ideal response?System:A system can be defined as a collection of elements that are interrelated to each other. These elements act and interact collectively within the standard rules that help to create a whole ...
Depression was assessed using The Beck's Depression Inventory (BDI-II) which contains 21 items on a 4-point scale from 0 (symptom absent) to 3 (severe symptoms). Affective, cognitive, somatic and vegetative symptoms are assessed, reflecting the DSM-IV criteria for major depression (Steer et ...
investigate the impact of electric field differences on tES outcomes and tested it on a well replicated effect. Further work is needed to determine the exact impact of these differences for the various types of tES methods (tDCS, tACS, tRNS, etc.) and physiological and behavioral outcome ...
Inventory Planning MethodsWhen a business thinks about their inventory, they must ensure that they meet the needs of the consumer. At the same time, they need to manage just how much inventory they carry, because there is a fixed cost associated with carrying the cost of inven...
What is the meaning of taking a physical inventory, and why is it important to take a physical inventory when using a perpetual inventory system? Explain how to calculate inventory under the periodic inventory system using various costing methods. What adjusting entries to Inve...
Current assets refer to those assets which are easily converted to cash. Current assets include trade debtors and inventory since they are highly converted to cash, unlike the fixed assets which can take much more time before they are converted to cash. ...
It describes what is to be done, how it is to be done, and who is going to do it. It is a well-structured process that sets the organizational goals and objectives and develops various courses of action.Answer and Explanation: Components of planning are: - There are many components of...
Explain the various pricing strategies and tactics and provide examples of when each should be used. Explain how the analysis of costs into fixed and variable components is used in planning control and decision-making techniques used in management accounting. ...
In addition, this approach provides for minimizing inventory on hand and preventing stockouts by having detailed delivery visibility. ERP: Enterprise Requirements Planning allows for the integration of all departments and critical segments of a business. ER...