Which of the following illustrates an activity that does not add value?
Which of the following illustrates an activity that does not add value?
fixing quality defects
performing preventative maintenance
creating pallets to be shipped
filling a product container with juice
Solutions
Expert Solution
Option D: Filling a product container with
juice
Explanation:
Since filling juice in the product container is not directly or
indirectly contributing to the process of converting raw material
to a consumable product for the end-user. Hence it is non value
adding activity.
Under the concept of just-in-time,
waste is considered as any activity which does not add value to an
operation.
(i) Describe four (4) types of waste
and explain how they can be eliminated or reduced.
(ii) Describe four (4) benefits of
just-in-time
manufacturing.
Under the concept of just-in-time,
waste is considered as any activity which does not add value to an
operation.
(i) Describe two (2) types of waste
and explain how they can be eliminated or
reduced.
(ii) Describe two (2) benefits of
just-in-time manufacturing
Under the concept of just-in-time, waste is considered as any
activity which does not add value to an operation.
(i) Describe four (4) types of waste and explain how they can be
eliminated or reduced.
(ii) Describe four (4) benefits of
just-in-time manufacturing.
Which of the following best illustrates the concept of a store
of value? a. You are a precious-metals dealer, and you are always
aware of how many ounces of platinum trade for an ounce of gold. b.
You sell items on eBay, and your prices are stated in terms of
dollars. c. You keep 6 ounces of gold in your safe-deposit box at
the bank for emergencies. d. None of the above is correct
How does logistics add value in the economy? How does logistics
add value for firms? What, if any are the differences? (Please give
a new answer, thanks)
Which of the following illustrates the law of supply? A. An increase in the number of firms in an industry causes a shift of the supply curve. B. An increase in price causes an increase in the quantity supplied, and a decrease in price causes a decrease in the quantity supplied. C. A change in price causes a shift of the supply curve. D. All of the above illustrate the law of supply.