Question
197172
ust-in-time systems at Apple
updated 5 months ago
Category:
Management
ust-in-time systems at Apple Every time Apple releases a new device it cannot satisfy immediate demand. This is a result of Apple’s precise JIT manufacturing system. Apple does not wish to take the risk of producing more devices than it will sell, so it adjusts manufacturing to match demand based on...
Coursepivot November 17, 2023
Advantages and Disadvantages of Apple Adopting a JIT System: Advantages: Cost Efficiency: JIT manufacturing helps Apple minimize inventory holding costs. By producing based on customer demand, Apple avoids the expense (View full solution)
197171
Just-in-time at Boeing
updated 5 months ago
Category:
Management
Just-in-time at Boeing Until very recently, the Boeing 737 jet was the world’s most popular and reliable commercial airliner. However, the grounding in mid-2019 of its latest generation of this plane, the 737Max, after two fatal crashes killed nearly 350 passengers, led to the Airbus A320 assuming t...
Coursepivot November 17, 2023
Changes to Boeing's Assembly Line for Lean Manufacturing: Cellular Manufacturing: Boeing likely implemented cellular manufacturing, organizing its assembly line into cells or workstations focused on specific tasks or components. This (View full solution)
updated 5 months ago
Category:
Management
The impact of ABM at Insteel industries Insteel Industries decided to implement ABM at their plant in Andrews, South Carolina. The ABM team analysed operations and identified 12 business processes involving a total of 146 activities. The ABM study revealed that the 20 most expensive activities accou...
Coursepivot November 17, 2023
Difference between Activity Costs and Departmental Costs at Insteel Industries: 1. Activity Costs: Definition: Activity costs refer to the costs associated with specific activities or processes within an organization. Focus: (View full solution)
updated 5 months ago
Category:
Management
Target costing and electric vehicle batteries Electric vehicles are a potential part of the solution to reduce our planet’s CO2 emissions and reduce reliance on fossil fuels. They are however more expensive than vehicles using internal combustion engines. For example, in 2019, an electric Nissan Lea...
Coursepivot November 17, 2023
Application of Target Costing in the Electric Vehicle Market: Determine the Target Selling Price: In the electric vehicle market, the first step in applying target costing is to determine the (View full solution)
197168
Supply chain transparency
updated 5 months ago
Category:
Management
Supply chain transparency According to an article in Financial Management, ‘A sustainable supply chain manager needs to understand all issues within a company’s supply and value chain’. Some of these issues are cost related, but some also are driven by non-economic issues. One of them is supply chai...
Coursepivot November 17, 2023
Role of a Management Accountant in a Sustainable and Transparent Supply Chain: Cost Analysis and Budgeting: Management accountants play a crucial role in analyzing and managing the costs associated with (View full solution)