Identify the layout tactics appropriate for a JIT environment
What will be an ideal response?
Layout tactics for a JIT environment include build work cells for families of products, include a large number of operations in a small area, minimize distance, design little space for inventory, improve employee communication, use poka-yoke devices, build flexible or movable equipment, and cross-train workers to add flexibility.
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Bivariate regression analysis is defined as a predictive analysis technique in which:
A) a pattern in one variable is identified over time and projected into the future B) a relationship between three variables that exists across time is observed to make a prediction C) one variable is used to predict the level of another variable D) two variables are used to predict two others by the use of a scatter diagram E) three or more variables variances are analyzed
Use the following two columns of items to answer the matching questions below:
A) determining how your wealth will be distributed before or upon your death B) what you owe C) forecasting future expenses and savings D) source of current information about a variety of topics E) value of what you on minus what you owe F) determining how much money you should set aside for retirement G) access to funds to cover any short-term cash deficiencies H) uncertainty on a potential return on an investment I) decisions regarding how much money to hold in liquid form and how to allocate funds among short term investments J) what you own 28) assets 29) net worth 30) liabilities 31) estate planning 32) liquidity 33) money management 34) risk 35) retirement planning 36) budgeting 37) web site