The value of stock today, based on the required return and the dividends amounts, is $41.64
How to find the value of stock?First, find the terminal value after year 5. To find this, you first need to find the value of dividends in year 4:
= Year 3 dividend x ( 1 + growth rate )
= 1. 75 x ( 1 + 48%)
= 1. 75 x 1. 48
= $ 2. 59
Then find dividends at year 5:
= 2. 59 x (1 + 48% )
= $ 3.8332
The terminal value would then be:
= (3.8332 x 1.07) / ( 12% - 7%)
= $82.03048
The current value of the stock would then be the present value of the dividends and the terminal value:
= 1.75 / 1.17³ + 2. 59 / 1.17⁴ + 3.8332 / 1.17⁵ + 82.03048 / 1.17⁵
= $41.64
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Describe the needs for achievement, power, and affiliation, and how these needs affect work behaviour. Review the hygiene and motivators in the two-factor theory. Are there any hygiene factors that you would consider to be motivators and vice versa
The desire to attain exceptional results by setting high standards and working to meet them is referred to as a need for achievement. It is a persistent desire to do things better.
What is a two-factor theory?Herzberg's Motivation Theory model, also known as the Two Factor Theory, identifies two elements that influence workplace motivation. These are both hygiene and motivating elements. If hygiene variables are not present, an employee will work less. If motivating factors are present, they will push
The goal of the need achievement theory is to explain why some people are more motivated to succeed than others. It is founded on two psychological principles: an individual's desire for success and an individual's desire to avoid failure.
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How many peaks has amazon’s ceo of worldwide stores, doug herrington, been at amazon?.
+7K%, Sbf and +6K%, Moderna are peaks of amazon’s ceo of worldwide stores, doug herrington, been at amazon.
The end of the year is a busy time for Amazon's warehouse facilities. Peak is the term used by Amazon to describe this time.
Peak season falls on significant occasions like Christmas and Thanksgiving. For associates who work in Amazon facilities and in occupations that are close to warehouses, like Amazon Flex and DSP drivers, peak may be rather chaotic. Associates frequently work 50 to 60-hour weeks during peak times, with 12-hour shifts.
This occurs when employees are compelled to work overtime during consecutive weeks of mandatory extra time (MET) (usually an extra hour every work day with an additional 10 to 12-hour day each week).
In most Amazon facilities during the busiest time of year, vacation is typically frozen. These are referred to as the blackout period. PTO and UPT can be requested as usual.
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A coworker has asked you to help him with something very important. You have a lot of work to do yourself. Which statement is MOST like how you would respond? Which statement is LEAST like how you would respond?
You'll help him as soon as you finish
You're sorry but have too much work to do
Stop what you're doing and help him
Tell him to find someone else and get me if no one is available
The MOST likely statement would be You'll help him as soon as you finish, the LEAST statement would be You're sorry but have too much work to do.
Maintaining a solid workplace depends on helping your coworkers. Supporting people at work has additional advantages as well, such as:
Morale can be raised by being helpful when assistance is required.
Support: Your coworkers may be more inclined to support you if you support them.
Leadership: Being helpful to others is a crucial attribute for acquiring leadership abilities.
Health: A cheerful workplace can lower stress and enhance your well-being.
Productivity: Colleagues are frequently able to work more productively when they support one another and collaborate.
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What determines aggregate demand?
According to the research, the correct answer is Consumption, investment, public spending, exports and imports. These aspects determine aggregate demand.
What is aggregate demand?It is a macroeconomic indicator that directly affects economic life and since it encompasses the economy in a specific area (usually a country) during a certain period, totaling the total amount of goods and services purchased.
In this sense, in this way the expenses and components of the demand are determined by:
Household consumption demandInvestment of companies or domestic economiesGovernment spending (Purchases of goods and services by the public sector)Difference between exports and imports.Therefore, we can conclude that according to the research, aggregate demand is the result of the circular flow of income and expenditure determined by Private Consumption, Investment, Public Expenditure, etc.
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The sum of consumption, investment, government spending, and net exports is aggregate demand. Numerous factors, such as changes in income, taxes, expectations for future income, and shifts in wealth levels, can affect consumption.
What is aggregate demand?The overall demand for final goods and services in an economy at a certain period is known as aggregate demand or domestic final demand in the field of macroeconomics.
Effective demand is a common name for it, however other times this term is used to make a distinction. This is a country's demand for its gross domestic output. It details the volume of goods and services that will be bought at every price point.
The aggregate demand is made up of investment, business and government expenditures, consumer spending, and net exports.
The aggregate demand curve shows the relationship between two variables: the required amount of output and the general price level. The function of a constant nominal money supply level is used to express aggregate demand.
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What power tactic is being used when a manager says that their request corresponds with a corporate policy or rule?.
Legitimacy power tactic is being used when a manager says that their request corresponds with a corporate policy or rule.
Legitimating refers to persuading someone that, in light of their circumstances or position, they should comply with a request. It's a push tactic with only a small amount of impact.
There are various kinds of influence strategies, and some are more successful than others. Some of them have most likely been used by you or you've at least seen them in action.
In general, we can categorize them into two groups: hard or push tactics and soft or pull tactics.
Push tactics are more often appropriate for situations that call for immediate action, like when an employee has engaged in misconduct.
Pull tactics are more suitable for managing teams on a daily basis. Instead of merely complying, they cultivate support.
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This year Andrews achieved an ROE of 12.9%. Suppose management takes measures that decrease Asset turnover (Sales/Total Assets) next year. Assuming Sales, Profits, and financial leverage remain the same, what effect would you expect this action to have on Andrews's ROE?
Andrew's Return on Equity (ROE) will reduce if the management takes measures to the decrease Asset turnover in the next year.
What is ROE?Return on equity (ROE) is a financial performance metric that is calculated by dividing net income by shareholders' equity. Because shareholders' equity equals a company's assets minus its debt, ROE is also known as return on net assets.
Using the Dupont formula, ROE can be determined using :
ROE = Net profit margin x Asset turnover x Financial leverage
ROE = (Net income / Net Sales) x (Net Sales/Total Assets) x (Total asset / Common equity)
If net profit margin and financial leverage remain the same and asset turnover is reduced, ROE would reduce.
Therefore, the ROE of Andreas will reduce the next year if the management decreases the Asset turnover ratio, Sales, Profits, and financial leverage remaining unchanged.
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In 1989, the cpi was 124. 0. In 1990, it was 130. 7. What was the rate of inflation over this period?.
Inflation rate in Year 2
= CPI in Year 2 - CPI in Year 1 X 100
CPI in Year 1
= 5.4
If inflation remains extended for too long, it can lead to something economists call hyperinflation. That is when expectations that fees could keep growing fuel greater inflation, which reduces the actual fee of every dollar in your pocket.
Economists and economic professionals agree on one element: better fees will in all likelihood close nicely into the next 12 months if no longer. And means individuals will keep experiencing the ache of higher fees for the foreseeable destiny.
Inflation will harm folks who keep cash financial savings and workers with constant wages. Inflation will benefit people with massive money owed who, with growing prices, locate it less complicated to pay back their debts.
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The sharing economy requires companies to be _____ flexible in how they organize their activities.
The sharing economy requires companies to be more flexible in how they organize their activities.
WHAT IS A SHARING ECONOMY?In the sharing economy, short-term peer-to-peer transactions are used to share the use of unused goods and services or to encourage teamwork.A type of online marketplace that links buyers and sellers is frequently used in the sharing economy.Despite its rapid expansion and evolution, the sharing economy still has a lot of obstacles to overcome, including legislative ambiguity and misuse worries.
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The sharing economy requires companies to be more flexible in how they organize their activities.
What is sharing economy?The peer-to-peer (P2P) activity of purchasing, providing, or sharing access to products and services is known as the sharing economy. This economic model is frequently enabled by a community-based online platform. The sharing economy is a socioeconomic structure based on capitalism that emphasizes resource sharing. It frequently involves a different method of buying goods and services than the conventional business model, which involves employers hiring workers to create commodities that are then sold to customers.Short-term peer-to-peer transactions are used in the sharing economy to share the use of unused commodities and services or to promote teamwork.In the sharing economy, a specific kind of online marketplace that connects buyers and sellers is widely used.The sharing economy still faces many challenges, such as legal ambiguity and misuse concerns, despite its rapid expansion and evolution.To learn more about sharing economy refer to:
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High quality, rapid decision making is necessary in industries characterized by constant, turbulent change in products, ______, and technology.
Characterized by a constant, turbulent change in products, markets, and technology.
What is a turbulent change?Reorganizations. Rejecting projects. Promotions. modern technology changes management. Cost reductions. new regulations a shift to a different building.These are all illustrations of significant transformation. Although everyone reacts to change differently, practically any significant shift can leave you feeling as though everything has been flipped upside down. Even while you work to adapt to the change, you might discover that you start to get distracted, worn out, or preoccupied. You might also start to feel anxious, scared, angry, or doubtful. Turbulence is exhibited in these processes, and turbulence in response to change is common.The occasional turbulence you see on airplanes, in the opinion of pilots, poses no danger to the aircraft. Even though you might think you're about to die, planes don't crash as a result of your fear.To learn more about turbulent change refer to:
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Cities with local datums also have designated official local
OA) data points.
B) data lines
C) benchmarks.
D) plat lines.
Option (c) is the best choice. Cities having local datums also have official local benchmarks assigned for them.
What does a legal description's datum mean?A datum is used by surveyors to indicate the height or depth of a property as an official elevation point. All surveys in the area will display elevation as a distance above or below 100 feet above sea level, for instance, if the datum for the area is a point 100 feet above sea level.
What differentiates a datum from a benchmark?Although the word "datum" has many other meanings, in design and construction it is used to describe a vertical measurement in reference to a standard elevation, such as sea level. Some people conflate the terms "benchmark" and "datum" interchangeably. A benchmark is a datum in and of itself, that much is true.
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Poston Company uses an accelerated depreciation method for tax purposes rather than straight-line depreciation for new asset acquisition. Which of the following choices correctly shows when the majority of depreciation would be taken (early or late in the asset's life), when most of the tax savings occur (early or late in the asset's life), and which depreciation method would have the higher present value?
When Majority of Depreciation is Taken When Majority of Tax Savings Occur Depreciation Method with Higher Present Value
A. Early in life Early in life Accelerated
B. Early in life Early in life Straight-line
C. Early in life Late in life Straight-line
D. Late in life Late in life Straight-line
E. Late in life Early in life Accelerated
Multiple Choice
Choice A
Choice B
Choice C
Choice D
Choice E
The majority of the depreciation would be taken early in the asset's life, most of the tax savings would occur early in the asset's life and the deprecation method that would yield the higher present value is the accelerated deprecation method. (option A)
What is the straight line depreciation method and the accelerated deprecation method?Depreciation is a method that is used to expense to cost of purchasing an asset.
The straight line depreciation is a depreciation method that declines the value of an asset linearly over the useful life of the asset. The depreciation expense each year is the same.
The accelerated depreciation is a depreciation method in which the depreciation expense is higher in the earlier years of the asset that in the later years of the asset. A type of accelerated depreciation is the double declining method where the depreciation expense is twice that of the straight line method.
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"Little's Law states: I=TR with the average flow time T, the average inventory I, and the throughput R. When is Little's Law valid? Select one:
a. Little's Law holds for processes where the average inflow rate is always strictly larger than the average outflow rate in the long-run
b. Little's Law holds for processes where the average inflow rate is the same as the average outflow rate in the long-run
c. Little's Law holds for processes where the average inflow rate is strictly smaller than the average outflow rate in the long-run
d. Little's Law holds for any process "
Little's Law holds for processes where the average inflow rate is the same as the average outflow rate in the long-run.
What is the Little's Law?Little's theorem is a mathematical queueing theorem by John Little which states that the long-term average number of customers in a stationary system is equal to the long-term average effective arrival rate multiplied by the average time that a customer spends in the system.
This law is very useful and valid because it does not count into factors the miscellaneous things like process distribution, service distribution, service order, etc.
Therefore , the correct answer is option B.
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Suppose that the government regulates the price that a natural monopolist can charge to be equal to the firm's average total cost. Then the firm will
Suppose that the government regulates the price that a natural monopolist can charge to be equal to the firm's average total cost. Then the firm will be subsidized.
What is meant by natural monopoly?If one company can serve a market more affordably than any combination of two or more enterprises, that market has a natural monopoly.
When there is just one company that is the most productive in an industry, a natural monopoly results. It is unfeasible to have more than one company producing the good in a natural monopoly since fixed costs are usually very high. Tap water is an illustration of a natural monopoly.
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Type the correct answer in
the box. Spell all words correctly.
What happens to your tax liability with proper financial planning?
You can
your tax liability through proper financial planning.
Answer:
Proper financial planning reduces tax liability, making it less of a burden in achieving your short and long-term financial goals
11. Which one of the following terms is defined as an option that would have a positive payoff if exercised now?
A. in-the-money option
B. out-of-the-money option
C. straddle
D. crossed option
E. cash-settled
An in-the-money option is defined as an option that would have a positive payoff if exercised now. Thus, option 'A' is the correct option.
What is an in-the-money option?Due to the correlation between the striking price and the current market price of the underlying asset, an option that is in the money offers a chance to benefit. A call option that is in the money allows the holder to purchase the securities for less than their current market value.
An option will automatically convert to long or short shares of stock in the underlying if it expires in the money. At the strike price, 100 long shares of stock are created from 100 long calls. 100 short shares of stock at the strike price are equivalent to 100 short calls.
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The Converting Department of Toren Company had 19,200 units in work in process at the beginning of the period, which were 35% complete. During the period, 86,400 units were completed and transferred to the Packing Department. There were 15,200 units in process at the end of the period, which were 60% complete. Direct materials are placed into the process at the beginning of production. Determine the number of equivalent units of production with respect to direct materials and conversion costs. If an amount is zero, enter in "0". Toren Company Number of Equivalent Units of Production Line Item Description Whole Units Direct Materials Equivalent Units Conversion Equivalent Units Inventory in process, beginning Inventory in process, beginning Inventory in process, beginning Inventory in process, beginning Started and completed Started and completed Started and completed Started and completed Transferred to Packing Department Transferred to Packing Department Transferred to Packing Department Transferred to Packing Department Inventory in process, ending Inventory in process, ending Inventory in process, ending Inventory in process, ending Total
16,800 units and 16,500 units
The computation of the number of equivalent units of production is shown below:
For Materials:
= Transferred units × Completion percentage + ending work in process units × completion percentage
= 14,800 units × 100% + 2,000 units × 100%
= 14,800 units + 2,000 units
= 16,800 units
For Conversion cost:
= Opening work in process units × remaining percentage + Transferred units × Completion percentage + ending work in process units × completion percentage
= 1,200 units × 75% + 14,800 units + 2,000 units × 40%
= 900 units + 14,800 units + 800 units
= 16,500 units
Transferred units is
= 16,000 units - 1,200 units
= 14,800 units
In mathematics, a percentage is known as more than a few or ratio which is expressed as a fraction of one hundred. It is often denoted by using the percentage sign, % even though the abbreviations "pct.", "pct" also and now "pc" is also used.
A percentage is also a dimensionless quantity which has a natural variety and it has no unit of measurement also .
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What does the Social Security tax provide money for?
(Select the best answer.)
O Medical benefits for people ages 65 and over
O Unemployment
O Income for retired and disabled people and their families
O FUTA
?
A change in government spending can close an expansionary gap by shifting the short-run aggregate supply curve. True/False.
Answer:
true I think is to the answer to your question
a taxpayer may choose to accept a reduced market rate of return on an investment to take advantage of a tax preference associated with the investment. in such case, the taxpayer will pay a/an:
If a taxpayer may choose to accept a reduced market rate of return on an investment to take advantage of a tax preference associated with the investment. in such case, the taxpayer will pay a/an: Implicit tax.
What is Implicit tax?Implicit tax can be defined as the extra amount that a person pay for an assets if the owing the assets does not include any form of benefit. on the other hand it can as well be defined as the decline in the income of a person after deducting all necessary deduction such as tax in a situation were the income of the person increase.
A taxpayer that choose top accept reduced market rate of return on their investment or assets due to the benefit they want to derived for doing that will have to pay implicit tax.
Therefore this is an example of implicit tax.
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when sam increases smoothie production from 4 gallons to 5 gallons, his total cost of production increases from $32.50 to $36.85. calculate sam's marginal cost of producing smoothies.
When Sam increases smoothie production from 4 gallons to 5 gallons, his total cost of production increases from $32.50 to $36.85, Sam's marginal cost of producing smoothies is $4.35.
What is marginal cost?The marginal cost in economics is the change in total cost that occurs when the quantity produced is increased, or the cost of producing additional quantity.
All costs that vary with the level of production are included in the marginal cost. For example, if a company needs to construct a completely new factory in order to produce more goods, the cost of doing so is a marginal cost. The amount of marginal cost varies with the quantity of the good produced.
The marginal cost will be:
= ($36.85 - $32.60) / (5 - 4)
= $4.35
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Jeb is trying to market a new type of chewing gum. His new gum, popsalot, is a low involvement purchase. Which type of channel coverage should he employ?.
Jeb should employ an intensive type of channel coverage.
The distribution coverage figures in figure 24 represent the proportion of stores that carry a given brand. The record offers the statistics for each emblem presently available on the market. The number of shops in every distribution channel is furnished as nicely.
The market insurance method is the technique of analyzing the market and locating how a good deal of the full marketplace your advertising and marketing marketing campaign ought to cover for a specific product/carrier.
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The IRS has the authority to assess a monetary penalty to who
the IRS has the authority to impose penalties on tax professionals.
The IRS is the Internal Revenue Service division of the United States, in responsibility of managing the Internal Revenue Code, the main piece of federal statutory tax legislation, and collecting federal taxes in the country.
The Commissioner of Internal Revenue, who is chosen by the US President for a five-year term, oversees it as a section of the Treasury Department. The IRS is responsible for handling a number of welfare programs, including the Affordable Care Act, as well as assisting taxpayers with their taxes, prosecuting and resolving cases of inaccurate or fraudulent tax files, and other duties.
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If the required reserve ratio is 10 percent, currency in circulation is $1,200 billion, checkable deposits are $1,600 billion, and excess reserves total $2,500 billion, then the m1 money multiplier is.
0.73 is the m1 money multiplier.
The m1 money multiplier's necessary solution is: ?Information disclosed:
Required reserve ratio (rr) equals 10%, or 0.1.
Circulating money (C) equals $1,200 billion
Deposits (D) = $1,600 billion for checks
Total excess reserves (ER) equals $2,500 billion.
The M1 money multiplier's formula is
M1=1+(C/D)/rr+(ER/D)+C/D
When C is the currency that is currently in use, D denotes a deposit, ER denotes an excess reserve, and RR denotes the needed reserve ratio
Replace the specified values in the formula above.
M1=(1+1200/1600)/(0.1+(2500/1600)+(1200/1600))
M1=0.7253886
M1=0.73
0.73 is the M1 money multiplier.
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Given a stock index with a value of $1,125, an anticipated dividend of $33, and a risk-free rate of 4%, what should be the value of one futures contract on the index?.
A futures contract is a commitment to purchase an item at a specified price and quantity at some point in the future.
How Do Futures Work?Futures contracts are derivatives that predetermine the price and volume of a stock, currency, or commodity exchange. Futures contracts are typically traded on an exchange like the CME Group, where traders can be matched with other speculators and business owners.The expiration date specified in the futures contract is measured in ticks. The smallest price increment for a trade is called a tick, and it usually costs one cent. The S&P 500 futures are an exception, with ticks that are equal to a quarter of an index point.Businesses use futures contracts to manage risk, and traders use them to make predictions about the direction of the market and a particular commodity.The standard contract for futures that trade on an exchange is typically established by the exchange, and there is no counterparty risk because the exchange clears all trades.Given futures contract result is : F = 1,125 × (1.04) − 33; F = 1,137.00.To Learn more About futures contract refer to:
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The Automachine Corporation produces three high-quality components and last year allocated all costs
except material on the basis of direct labour hours/unit. However, due to the introduction of CAD/CAM
and a complete review of the cost allocation system, Automachine Corporation is considering changing
its basis of machined component costs. For the following year the budget and production data have been
extracted by the machine manufacturing department:
Activity 1 – Automated machinery total cost $1,800,000
Activity 2 – Finishing operations total cost 530,000
Activity 3 – Material handling total costs 130,000
Activity 4 – Packaging and shipping costs 100,000
Activity 5 – Production setup total costs 80,000
Activity 6 – Production scheduling total costs 60,000
$2,700,000
The most appropriate cost drivers for the six activities have been identified as: machine hours, direct
labour hours, number of parts, number of orders shipped, number of production setups, and number of
production orders respectively.
Based on actual data for the previous year, next year’s predicted data for the three high-quality
components are as follows:
Compu #123 Compu #456 Compu #789
Machine hours/unit 4 4 10
Direct labour hours/unit 1 3 6
Number of parts/unit 15 25 60
Number of orders shipped 500 1,000 400
Number of production setups 50 25 25
Number of production orders 150 35 100
Total units to be produced 5,000 2,500 400
Direct materials cost/unit 40 25 55
Required:
As the Management Accountant for the Automachine Corporation, prepare supporting schedules for:
a) Activity rates for each of the six activities.
b) A budget of total costs and unit costs for each of the three components, excluding direct
materials.
c) The computation of the budgeted total and unit costs using the old direct labour hour based
system for each of the three components.
d) Comparing the results of (b) and (c) above suggest the most appropriate system, and discuss the
pros and cons of using ABC cost drivers
answer:no
Explanation:
because you need to try and work it out on your own instead of going to randome people that prob don't know the answer
Which of the following is an example of nonstore retailing?
Group of answer choices
factory outlet
convenience store
home shopping network
catalog store
hypermart
Answer:
factory outlet
Explanation:
Its not an actual store
Non-store retailing is the process of selling a product without the use of a retail shop or store. Hence option E is correct .
What is nonstore retailing ?A non-store retailer is someone who sells goods and services or distributes goods to customers without having a store or a place to store the goods.
As a result, we can conclude that non-store retailing includes direct marketing, direct selling, and electronic retailing.
Non-store retailing is the sale of goods and services outside of a retail establishment. It is a broad term for retailing that occurs outside of shops and stores (that is, off the premises of fixed retail locations and of markets stands).
The non-store distribution channel can be divided into two categories: direct and indirect.
Distance selling, which includes all forms of electronic commerce, and t selling (off-premises sales). Mail order, catalogue sales, phone solicitations, and automated vending are all examples of distance selling.
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Is a principal under a duty to compensate an agent who works on the principal’s behalf?.
Yes, the principal has an obligation to pay the agent for liabilities resulting from the agent's lawful and authorized acts on the principal's behalf, subject to the provisions of the agency agreement.
In the language of law, someone who has been given the authority to act on behalf of another person or entity is referred to as an agent. To represent a client in discussions and other interactions with third parties, an agent may be hired. The agent may be given the power to make decisions.
Attorneys, who represent their customers in legal proceedings, and stockbrokers, who are employed by investors to make financial decisions, are two popular sorts of agents. In these cases, the agent's client is referred to as the principle. When referring to a fiduciary relationship in finance, it means that the agent has been given permission to operate in the client's best interest and on their behalf.
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If you choose a passive investing strategy, how will your portfolio look with its first allocation?.
If you choose a Passive investing strategy, its first allocation is The trend suggests the stock's price will fall.
Passive investing strategy: Purchasing and keeping securities that closely resemble stock market indexes over an extended period of time is known as passive investing. Due to the fact that you invest in a variety of businesses and asset classes rather than just one stock, it may reduce risk.
Investing in an index fund that tracks one of the major indices, such as the Dow Jones Industrial Average or the S&P 500, is the best illustration of a passive strategy (DJIA). There are numerous strategies for passive investment. Index mutual funds and exchange-traded funds (ETFs) are two regularly used investments under this. Stocks, bonds, precious metals, and other investments are held in portfolios by mutual funds and ETFs. ETFs are exchanged on a marketplace.
Passive funds of all types almost always offer higher returns if you're investing for the long term.
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14. What has been the impact on Canadian manufacturing jobs from global competition?
The impact on Canadian manufacturing jobs from the global competition is that the skill level required has declined.
What is global competition?Global competition is a form of international competition in which the position of a company in one country affects the competitive position in other countries. We can see that the enterprises are competing among themselves to be on top because of this the economy is globalizing.
The position or strength of a company is realised through their increase in their competitiveness. The higher the level of development of a company that determines the competitiveness of the company the more the company is stable.
Therefore the success of a business depends on how competitive its products are.
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Mr. D is the manager of a local walgreens. His biggest concern is to make sure that his store is always making the most profit possible. He cuts costs by focusing on certain logistical decisions. Every other day walgreens receives shipments from pepsi, evian, hershey, and numerous other manufacturers. Walgreens insists on small shipments every two days, which helps to keep their inventory costs low. What system is mr. D using at walgreens to reduce his costs?.
Mr. D using just-in-time inventory Walgreens to reduce his costs.
What is just-in-time inventory?JIT, or just-in-time, inventory management, involves only ordering products from vendors when they are actually needed. This approach's primary goals are to lower the cost of keeping inventory and boost inventory turnover.a necessity for just-in-timeJust-in-time production demands meticulous supply chain planning and the use of top-notch software to complete the entire process up until delivery, which improves productivity and reduces room for error because each activity is tracked. Here are some of the significant effects of a just-in-time inventory management system:Reduces inventory wasteA just-in-time approach prevents overproduction, which occurs when the market's supply of a good exceeds its demand and results in the buildup of unsalable stocks. These unmarketable goods change.
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#SPJ4
