Tabitha_Saalfrank_Unit7_Assignment.docx - Tabitha Saalfrank Unit 7 Assignment Unit 7 Assignment Discussion Questions 14.2 Accountants should participate

Tabitha_Saalfrank_Unit7_Assignment.docx - Tabitha Saalfrank...

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Tabitha Saalfrank October 20, 2019 Unit 7 Assignment Unit 7 Assignment Discussion Questions: 14.2: Accountants should participate in product design because the focus of product design is to create a product that satisfies all the needs of the customer, while producing it at the lowest price possible. Having an accountant on the team would be beneficial, because they have the experience on minimizing costs. Also, accountants will study past data and use that to make future predictions for future costs. Cost accountants have the insight on different data relating to costs, so they can provide different perspectives compared to managers and engineers. 14.4: Burger King uses JIT and McDonalds uses MRP-II The advantage that McDonalds faces, is that MRP-II makes it so that customer orders are completed with less delay. The only disadvantage, however, is that there is a huge margin for over-production of items that might not be sold as frequently, that would leave them with cold or spoiled food. The advantage of JIT is that it allows for customization of any and all orders. The disadvantage is that there is a delay in filling the orders for customers which results in longer wait times during busy hours.
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