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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)
Prepare an analysis of the financial impact of the exhibition on the Ruthmueller Museum, assuming attendance is 10,000. Does offering the exhibition appear to be a good decision from a financial standpoint?
The following transactions occurred in June at Fast Wheels, Inc., a custom bicycle manufacturer:
What is an operating cycle? Why is it important? What are some methods your organization uses to improve the operating cycle?
Calculate ABC-based services costs for the TFC business and calculate the distribution services costs for "Customer A" and "Customer B." What inference do you draw about the profitability of these two customers?
Using the calculated ratios, analyze the financial performance of the firm. You will do this by looking at the ratios and comparing them to ratios from previous periods and in some cases, against their competitors.
Appalachian Coal Mining believes that it can increase labor productivity and, therefore, net revenue by reducing air pollution in its mines. It estimates that the marginal cost function for reducing air problem in its mines.
what would be the overall margin on the order - What was the absorption costing net operating income last year?
Compute the cash payback period and net present value of the proposed investment. (If the net present value is negative, use either a negative sign preceding the number eg -45 or parentheses eg (45).
Entries for notes receivable, including year-end entries - Journalize the transactions.
Define the various management accounting terms used in the process of strategic analysis and calculate the total simulated hours, total waiting time for the customer service team member, and the total wait time for the customer?
Journalize the entries to record the transactions and Selected stock transactions
As a manager, you may be tasked with making recommendations as to how your organization should structure its transfer pricing. This is especially true in cases when both variable or full cost transfer pricing is acceptable, and the choice is not obvi..
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