Which one is NOT an application of lean principle in services?
A) JIT in food supply management
B) improving kitchen layout at McDonald's to drive seconds out of the production process
C) inventory sharing among members of the pharmaceutical network
D) scheduling personnel availability at 15 minute increments to meet demand fluctuations
E) securing more inventory to prepare for disruption in production
E
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The heart of the marketing mix is the:
a. product offering and product strategy. b. place and distribution strategy. c. sales promotion and personal selling strategy. d. product packaging and pricing strategy.
If merchandise is sold for $2,000 subject to credit terms of 2/10, n/30, the entry to record collection in full within the discount period would include a:
a. debit to Sales Discounts for $40. b. credit to Cash for $1,960. c. credit to Accounts Receivable for $40. d. None of the above.