oyota motors Prepare an analysis showing whether a product line or other business segment should be added or dropped. Determine the value of obtaining the constrained resources.
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Toyota motors Prepare an analysis showing whether a product line or other business segment should be added or dropped. Determine the value of obtaining the constrained resources.
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- Discuss the requirements from an operations perspective ofcompeting on (a) quality, (b) cost, (c) flexibility, (d) speed, (e) innovation, and (f) service. Give examples of manufac-turing or service firms that successfully compete on each of the criteria listed.How does one go about selecting the model of the system that is most suited to their needs?Tribal Systems, Inc., is opening a new plant and has yet todecide on the type of process to employ. A labor-intensiveprocess would cost $10,000 for tools and equipment and$14 for labor and materials per item produced. A more automated process costs $50,000 in plant and equipment buthas a labor/material cost of $8 per item produced. A fullyautomated process costs $300,000 for plant and equipmentand $2 per item produced. If process selection were basedsolely on lowest cost, for what range of production wouldeach process be chosen?
- An international bottle manufacturer produces glass containers for customers that include condiment producers,breweries, and wineries. The growing demand for plastic containers, and a history of higher production costs due to high scrap and return rates drove the business to focus its improvement efforts on cost and customer performance.However, the unique characteristics of the bottle manufacturing process and the way in which the company measured and motivated its workforce’s performance made these improvements difficult to accomplish.Bottle plants are traditionally organized around two primary functions: forming and selecting. Forming is where raw materials are melted in furnaces and mol-ten glass is cut and formed by fast-moving, noisy, and dangerous machines that turn out thousands of bottles each minute. The workforce is primarily older males.In the selecting department, the work is relatively quiet and clean. The majority of workers are female, and the work is focused on…Katrina Design has decided to experiment with two alternative manufacturing approaches, identified as MF and LI, for producing men’s fashions. The firm expects the total demand to be 20,000 suits. Management estimates the required input resources using the different manufacturing approaches are: Direct Materials(yards) Direct Labor(hours) MF 240,000 100,000 LI 180,000 120,000 The cost of direct materials is $10 per yard; the cost of direct labor is $26 per hour. Required: 1. Compute the partial operational productivity ratios for each of the production approaches. 2. Calculate the partial financial productivity ratios for each of the production approaches. 3. Compute the total productivity ratios for each of the production approaches. (For all requirements, round your answers to 4 decimal places.)As operations manager of Holz Furniture, you must make a decision about adding a line of rustic furniture. In discussing the possibilities with your sales manager, Steve Gilbert, you decide that there will definitely be a market and that your firm should enter the market. However, because rustic furniture has a different finish than your standard offering, you decide you need another process line. There is no doubt in your mind about the decision, and you ar e sure that you should have a second process. But you do question how large to make it. A large process line is going to cost $400,000; a small process line will cost $300,000. The question, therefore, is the demand for rustic furniture. After extensive discussion with Mr. Gilbert and Time Ireland of Ireland Market Research, Inc., you determine that the best estimate you can make is that there is two-out –of – three chance of profit form sales as large as $600,000 and a one-out –of – three chance as low as $300,000. With a large…
- The Andrews family is in the process of hiring a five-star chef who can cook a variety of food to meet customers’ tastes and wants (top quality). In addition, the restaurant is designed to provide complete privacy to customers. Therefore, tables ought to be separated by no less than 5 feet. Using Chapter 2 and the assigned videos as your theoretical foundations, please answer the following question. What production process should the restaurant choose? Explain your answer. In contrast to the Andrews family restaurant, the Sweet family restaurant sells burgers, burritos, and hotdogs. The restaurant relies on high school students to cook food, and customers cannot customize their food choices. The Sweet family restaurant sells 2000 burgers per restaurant each day. The average costs of burgers, burritos, and hot dogs are $2, $3, and $0.50, respectively. Using Chapters 1 and 2 as your theoretical foundations, please answer the following question: What are the Sweet family…Mr. ichul is a Director of a pastry factory in Bandung. To produce 350 cakes per day it takes the following things Labor : 350 hours / day @ $5 / hourRaw Material : 2 ton / day @ $1 / kgEnergy : $2,000 / dayCapital Cost : $500 / day a. What is the labor productivity per labor-hour for cake production at the factory?b. What is the multifactor productivity for cake production at the factory?c. In order to meet the needs for Eid later, Mr. ichul wants to increase his production to500 more per day than the previous cake production without changing other variables, what is the productivity now?Tribal Systems, Inc., is opening a new plant and has yet todecide on the type of process to employ. A labor-intensiveprocess would cost $10,000 for tools and equipment and $14 for labor and materials per item produced. A more au-tomated process costs $50,000 in plant and equipment but has a labor/material cost of $8 per item produced. A fullyautomated process costs $300,000 for plant and equipmentand $2 per item produced. If process selection were basedsolely on lowest cost, for what range of production wouldeach process be chosen?
- How does a package delivery service such as UPS or FedEx use the competitive priority of "time" to its competitive advantage? Research, then explain and provide examples in a short paper (maximum of two typed pages).XYZ Corp projects an increase in revenue for the next year based on an increase in productivity. What would XYZ need to avoid when making its projection? Select an answer: identifying its current resources identifying new resources added in the next year defining future maximum productivity defining current maximum productivityA linear programming computer package is needed. EZ-Windows, Inc., manufactures replacement windows for the home remodeling business. In January, the company produced 15,000 windows and ended the month with 9,000 windows in inventory. EZ-Windows' management team would like to develop a production schedule for the next three months. A smooth production schedule is obviously desirable because it maintains the current workforce and provides a similar month-to-month operation. However, given the sales forecasts, the production capacities, and the storage capabilities as shown, the management team does not think a smooth production schedule with the same production quantity each month possible. February March April Sales forecast 15,000 16,500 20,000 Production capacity 14,000 14,000 18,000 Storage capacity 6,000 6,000 6,000 The company's cost accounting department estimates that increasing production by one window from one month to the next will increase total costs by $1.00…