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During the 1950s and 609, Mr. T. Ohno of Toyota developed the k a n ProductionSystem. Subsequently many other Japanese automobile companies adopted it. The net result waa the Japan's automobile industry improved its productivity throughout this period relative to the US, which generally just kept up with inflation due to its already high rate of accumulated experience and relatively slow growth. Assume the Japanese industry started in 1955 with production of 100,000 cars per year and an initial cost of $2,000 per car and that production (demand) grew 50% per year for the next five years and then 25% per year for the next ten years. If Japanese relative costs compared to the US dropped 20% for each doubling of accumulated experience (the total amount ever produced), in which year would Japanese costs equal US costs if the US cost per car in 1955 was %1W? (In your calculation, you can assume that for comparative purposes the US industry's cost remained constant and would have remained constant even if they had supplied the Japanese market,) Given a real discount rate on Japanese government bonds of 6% during this period, by 1970 was the cost to Japan of protecting this industry recovered due to its improved long run productivity compared to having imported cars from the US?
Illustrate what are you thinking about balance between with sustainable growth also high welfare level. Elucidate how the firm's profitability is altered by product mix.
Jim is a CFO of a mid-sized construction company. One of his key tasks is to ensure that the company has sufficient cash to pay its daily and hourly workers who are hired whenever need arises.
Define also describe a contemporary bargain unit as defined by the National Labour Relations Act. Explain how, if at all, does it differ from a bargaining unit in 1935.
Explain how were Pine Valley Furniture's projects initiated. Illustrate what is the focus for each of the new systems.
Your MNC is expanding its operations to South America (Brazil, Argentina, Chile, or Columbia). The subsidiary in South America will be manufacturing automobile parts.
Evaluate whether or not Shangri-La Hotels heavy investment in employee development yields a profitable return to the company.
A process that produces computer chips has a mean of .04 defective chip and a standard deviation of .003 chip
Pretentious a 5-day 40-hour work week. Assume 100% staffing at the outset, 2% overtime maximum, with varied full-time also part-time employees.
Use an ? of 0.1 and a B (beta) of 0.2 to make a forecast for july and august. Calculate the MAD for your january through june forecasts. 15 demand units for January, 18 for february, 22 for march, 23 for april, 27 for May, 26 for june.
Completing the Venture Opportunity Screening Exercises is designed to clear up the uncertainties and risks associated with that venture concept.
Continuous review inventory control is being applied to purchase motors for an electric fan manufacturer. Demand is uniformly distributed between 500 and 600 motors per week
Determine the minimum and maximum cycle times. What range of output is theoretically possible for the line?
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