Just-In-Time Requires the Following Factor(s)essential for Success

question 126

Multiple Choice

Just-in-time requires the following factor(s) essential for success:

• A)Purchasing quality materials
• B)Smooth production flow,short customer-response times,and backlog of orders
• C)Well-trained,flexible workforce committed to quality
• D)All of the answers are correct.

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Definitions:

Dividend Growth Model

A model that estimates the value of a stock based on its expected dividends and their growth rate.

Retained Earnings

The portion of net earnings not paid out as dividends but reinvested in the business or kept as reserve.

Cost of Equity

The return a company theoretically pays to its equity investors, i.e., shareholders, to compensate them for the risk of investing in the stock.

Marginal Cost of Capital

The cost of obtaining an additional dollar of new capital, which increases as more capital is raised due to increasing risk and/or decreasing attractiveness to investors.