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Canon manufactures digital cameras and must compete on lean manufacturing concepts. Match each of the following activities that it engages in with the lean manufacturing concept it strives to achieve. (Some activities might relate to more than one lean manufacturing concept.) _______1. Manufacturing facilities are arranged to reduce move time and wait time. _______2. Canon conducts focus groups to determine new features that customers want in digital cameras._______3. Canon monitors the market to determine what features its competitors are offering on digital cameras. _______4. Canon asks production workers for ideas to improve production._______5. The manufacturing process is standardized and documented. _______6. Cameras are produced in small lots, and only to customer order._______7. Lenses are received daily based on customer orders._______8. Customers receive a satisfaction survey with each camera purchased. _______9. Orders received are filled within two business days. _______10. Canon works with suppliers to reduce inspection time of incoming materials.a. Just in time (JIT) b. Continuous improvement (CI) c. Total quality management (TQM)
Explain the fundamental differences between mergers in Cournot and in Bertrand industries. What is meant by the ‘coordinated effects' of a merger. Discuss.
Should ATI switch from the fast growing, online advertising market back into the well established published market? Does the charge of predatory pricing seem valid? Why are customers likely to be willing to pay higher price to get published servic..
Prepare the journal entry to transfer the cost of job #JK150 out of the work-in-process account at the end of November, What was the under-or over recovered overhead for the year?
problem 1the green acres inn is trying to determine its break-even point. the inn has 50 rooms that it rents at 75a
What is the role of cost drivers in an activity-based cost system? Explain how analysis of cost drivers can be useful in identifying inefficient activities and the cause(s) of inefficiency.
silver company makes a product that is very popular as a mothers day gift. thus peak sales occur in may of each year as
Calculate the Present Value of salary differential for completing the certification program. Subtract thecost of the program to get the NPV ( net present value) of undertaking the certification program and how much will her monthly instalments be i..
The selling price of the package is 102. At the time of sale, the market value of the bonds without the warrants is $48 and the market value of the warrants is $20 each. Prepare the journal entries for this issuance.
Explain why the product-line income statement as presented is not suitable for analysis and decision making and describe an alternative income-statement format that would be more suitable for analysis and decision making, and explain why it is bette..
Determine the denominators to be used in the calculations of cost per equivalent unit for materials and conversion costs.
Find out the current operatng profit for the company as whole? Supposing that all fixed cost are unavoidable, if company eliminated the unprofitable segments, what would be the new operating profit for the company as a whole be?
The new department will make use of a job order costing system. How and why will this differ from the current process costing system used elsewhere in the plant?
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