Practical Operations Management
2nd Edition
ISBN: 9781939297136
Author: Simpson
Publisher: HERCHER PUBLISHING,INCORPORATED
expand_more
expand_more
format_list_bulleted
Question
Chapter 15, Problem 6P
Summary Introduction
Interpretation:
Manager commented on the reliability or the robustness of the supplier’s performance.
Concept Introduction:
Reliability is defined as the chance in which a system will perform the function properly in a given stipulated time provided no external hindrance is caused.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
To integrate the supplier into the system, which of the following is not required for the supplier development?"
None of these
Quality requirements
Product specifications
Schedules and delivery
Procurement policies
Percent deffect free, use of ISO 9000 and fitness are examples of criteria used in the Quality aspect of a supplier performance metrics. True or False
A manufacturer is evaluating whether to outsource or perform in-house product specification testing. The fixed cost of the equipment located in the facility is $500,000, and the weighted average variable cost per test if performed in-house is $20.85. A third-party located three miles from the manufacturer will perform the same tests with more advanced and faster equipment. The third-party distributes the results electronically to the manufacturer at a price of $21.00. If the annual volume last year was 200,000 tests, should the manufacturer do all specification tests in-house or outsource?
Use the Excel template Break-Even to determine the best decision.
Chapter 15 Solutions
Practical Operations Management
Ch. 15 - Prob. 1DQCh. 15 - Prob. 2DQCh. 15 - Prob. 3DQCh. 15 - Prob. 4DQCh. 15 - Prob. 5DQCh. 15 - Prob. 1PCh. 15 - Prob. 2PCh. 15 - Prob. 3PCh. 15 - Prob. 4PCh. 15 - Prob. 5P
Ch. 15 - Prob. 6PCh. 15 - Prob. 7PCh. 15 - Prob. 8PCh. 15 - Prob. 9PCh. 15 - Prob. 10PCh. 15 - Prob. 11PCh. 15 - Prob. 12PCh. 15 - Prob. 13PCh. 15 - Prob. 14PCh. 15 - Prob. 15PCh. 15 - Prob. 16PCh. 15 - Prob. 17PCh. 15 - Prob. 18PCh. 15 - Prob. 19PCh. 15 - Prob. 20PCh. 15 - Prob. 21PCh. 15 - Prob. 22PCh. 15 - Prob. 23PCh. 15 - Prob. 24PCh. 15 - Prob. 25PCh. 15 - Prob. 1.1QCh. 15 - Prob. 1.2QCh. 15 - Prob. 1.3QCh. 15 - Prob. 3.1QCh. 15 - Prob. 3.2QCh. 15 - Prob. 3.3QCh. 15 - Prob. 3.4Q
Knowledge Booster
Similar questions
- Which of the following does NOT call for supplier involvement? Group of answer choices A) All of the choices require some level of supplier involvement. B) New product development C) Just-in-time production d) Quality management.arrow_forwardDiscuss the importance of the P2P to both the supplier including the impact on the relationship. Do you have an example of the P2P systems not working as it should in your own purchasing history?arrow_forwardThe trading partners (such as suppliers, distributors and logistics service providers) are not part of the value stream of an organization. True or Falsearrow_forward
- We noted that high quality is not necessarily related to price. Provide examples where this may or may not be valid, based on your own knowledge and experience.arrow_forwardHow should I approach this 2 page miinimum question "The Organisation not only buys parts or services fromsuppliers—it buys a supplier’s performance capability."arrow_forwardKaizen. Seiri. Seiton. Seiso. Seiketsu. Shitsako Jishuken. These Japanese words are related to continuous quality improvement and are applied in supplier development programs, particularly Toyota’s. Research Toyota’s Production System (TPS) and describe how these concepts are applied in supplier development.arrow_forward
- The leader of the selling team says to the members of the buying team, "Who are you trying to kid?" You need my company's filtration systems to maintain your product quality. You are going to have to pay an extra $20 per system and just cut costs somewhere else." Another member of the selling team responds by saying, "Now wait a minute. These are our friends you're talking to. How about we only charge $10 extra per system and split the shipping charges with you? Doesn't that sound fair?" Which method of win-lose negotiation is this scenario most likely to exemplify?arrow_forwardWhy is lack of trust an obstacle to supply chain management? How can we overcome this obstacle? for the toolbar, press ALT FF10 (PC) or ALT-FN+F10 (Mae).arrow_forwardThe value chain includes research and development, customer service, marketing, and suppliers. True or Falsearrow_forward
- ISO 27002 Supplier Relationships (Section 15) was added in the 2013 version. Discuss your opinion with a real example of why this section was added? Please clear and correct answer. Please don't copy the answer from another student. The subject is IT Security and Policies.arrow_forwardA supply chain failure is defined as an interruption caused by external or internal operations that may havesignificant impact on an organisation’s quality, delivery or cost impact to clients. In most cases, the blame isplaced on external suppliers with no appropriate root cause examination.You are employed as a managing director in your manufacturing company. Identify and critically discuss anyfive (5) potential causes of failure. Make reference to the relevant examples to illustrate your answerarrow_forwardIn the "Supplier Integration", if the Buyer gives the Supplier a set of interface requirements and the Supplier independently designs and develops the required Item/Product, this is called--------- O a. None O b. White Box O c. Grey Box O d. Black Boxarrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Purchasing and Supply Chain ManagementOperations ManagementISBN:9781285869681Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. PattersonPublisher:Cengage Learning
Purchasing and Supply Chain Management
Operations Management
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Cengage Learning