Answer the following questions using the information below:
Manash Company manufactures tires. Some of the company's data was misplaced. Use the following information to replace the lost data:
-What is the total static-budget variance?
Definitions:
Lower Costs
A reduction in the expenses incurred by a business or organization, improving profitability.
Supplier Expectation
The set of standards or requirements that suppliers believe they should meet in their dealings with purchasing organizations.
Jidoka
A concept in lean manufacturing that empowers machines and workers to stop the production line when a defect is detected.
Continuous Improvement
The ongoing effort to enhance products, services, or processes to increase efficiency and effectiveness.
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