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When selecting suppliers, the characteristics of the components needed can play a significant role. Two of these characteristics are profit impact and supply risk, as discussed in Kraljic’s supply matrix. In this problem, we consider the example of automobile transmission systems under this framework. a) Why do transmission systems have a relatively high profit impact? Contrast this with one or two examples of items needed by an automobile manufacturer that have low profit impact. b) Why do transmission systems have a relatively high supply risk? Contrast this with one or two examples of items needed by an automobile manufacturer that have low supply risk. c) Toyota, for example, invests substantial effort into building good relationships with its suppliers. Why is it important that an automobile manufacturer maintains good relationships with suppliers of transmission systems? Support your reasoning with your answers from items (a) and (b).
According to the instructor, when considering ethical theories this fundamental question runs throughout all such ethical considerations: ___________
What customer service managements does JIT support in make-to-order environments? How does JIT logistics support them?
Fisher Price produces various high quality BPA-free plastic toys. The production process requires a special industrial chemical. Currently, annual demand for this chemical 2000 pounds. How many pounds of this chemical should Fisher Price order each t..
Instituted polices and procedures that facilitate good strategy execution? Explain.
Compute the economic production quantity. Compute the annual minimum total cost. How many working days does each production run take? What is the level of maximum inventory? What is the cycle time.
what can you learn from customer relationship management? and a detailed explanation of the benefits of the SAP module.
A processor makes two components, A and B, which are then packaged together as the final product. The processor can do only one component at a time: either it can make As or it can make Bs.
What is the relationship between a cause analysis and a requirements definition (often a document)? How does one impact the other? How does information flow between the two? Also explain what a “cause analysis” is including what information is needed..
How is a project baseline used to guide the execution of the project's work, to evaluate progress and performance, and to control the project? Also, as you continue to think about monitoring and controlling the project, specifically consider the ques..
Develop an MRP for Space Age Furniture Company using the information in the case including the production of sub-assemblies in lot sizes of 1,000 - Analyze the trade-off between overtime costs and inventory costs.
Dick Holliday is not sure illustrating what he should do. Illustrate what is your advice to Holliday. Illustrate what is expected value of perfect information.
Morton Bricklayers Group is a nationwide bricklaying company. Morton has an experience rated workers' compensation policy that runs from January 1 to January 1 of each year. Morton's loss experience during year January 1, 2004-2005 will normally affe..
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