Many fast-food restaurants compete on lean business concepts. Match each of the following activities at a fast-food restaurant with the lean business concept it strives to achieve. Some activities might relate to more than one lean business concept. 1. Courteous employees
a. Just-in-time (JIT)
b. Continuous improvement (CI)
c. Total quality management (TQM)

2. Food produced to order
a. Just-in-time (JIT)
b. Continuous improvement (CI)
c. Total quality management (TQM)

3. New product development
a. Just-in-time (JIT)
b. Continuous improvement (CI)
c. Total quality management (TQM)

Ardmore farm and seed has an inventory dilemma. they have been selling a brand of very popular insect spray for the past year. they have never really analyzed the costs incurred from ordering and holding the inventory and currently fave a large stock of the insecticide in the warehouse. they estimate that it costs $25 to place an order, and it costs $0.25 per gallon to hold the spray. the annual requirements total 80,000 gallons for a 365 day year. a. assuming that 10,000 gallons are ordered each time an order is placed, estimate the annual inventory costs. b. calculate the eoq. c. given the eoq calculated in part b., how many orders should be placed and what is the average inventory balance? d. if it takes seven days to receive an order from suppliers, at what inventory level should ardmore place another order?

Your own record of all your transactions. a. check register b. account statement

With the slowdown of business, how can starbucks ensure that the importance of leadership development does not get overlooked?