Answer:
Costs associated with stockouts increase
While carrying costs decline
Explanation:
The implementation of just-in-time (JIT) leads to a reduction in overall inventory levels and an increase in the frequency of deliveries from suppliers.
With the company retaining fewer materials and components, there is a greater likelihood of experiencing stockouts, which results in escalated stockout costs.
As the overall inventory decreases, it follows that carrying costs will correspondingly diminish.
Answer:
International communication competence (ICC)
Explanation:
Intercultural communication competence (ICC) refers to the capability to engage in effective and suitable interactions across different cultural settings. Several elements constitute ICC, with significant factors being motivation, understanding of oneself and others, and embracing uncertainty
<span>Involving scientists and mathematicians in the project would provide significant advantages by enabling precise calculations regarding costs and environmental impact, along with optimizing our budget effectively. It's crucial to recognize the importance of these new consultants to our team.</span>
-------------------------------july-------August-----Sept
Sales(unit) - - - - - - - -70000 - - 83000 - - - - - -
Production(Units)----73250 - -84750--91750
October expected sales = 97000
Ending Inventory for August
Production 84750
Less: Sales 83000
Add: Begin Inventory (83000*25%) - - 20750
Ending Inventory 22500
September:
Production in Units 91,750
Add: Beginning Inventory
Working note) 22,500
Less: Ending Inventory
( 97000X25%) (24,250)
Budgeted Sales Units 90,000