Cost leadership strategy and quick-response strategy

Assignment Help Operation Management
Reference no: EM13845314

1. Of the potential strategies available to Regal Marine, have they chosen differentiation, cost leadership, or quick response? Do you think that is a good choice for a boat manufacturer? Why or why not?

2. Given the mini-lecture on selection of missions, what would you predict a customer could expect in boats when visiting a boat dealer featuring Regal Marine boats? (Think about the characteristics of a differentiated strategy, and then apply it to the type of product manufactured by Regal Marine.)

3. Given that Regal Marine has specifically chosen a differentiation strategy, what would they have to change about their operations and activities if they were to change to a:

Cost Leadership strategy

Quick-Response strategy

Reference no: EM13845314

Questions Cloud

Created a more engaged talent community : McAfee created a more engaged talent community to improve its sourcing of top talent. If you had to choose only three metrics for McAfee to use to evaluate the effectiveness of its talent community in sourcing top talent, what would they be? Why did ..
About the nutritional needs of the human body : Why do people fall for all the fad diets out there when the only nutrition plan that’s even close to sensible is the Hunt & Peck Diet? Anyone who thinks another diet will do them any good is a complete cretin who knows nothing about the nutritional n..
Emergent strategy and an ad hoc rationalization : Is it possible to distinguish between an emergent strategy and an ad hoc rationalization of a firm’s past decisions? Explain.
Strategies to protect their product with short life cycle : Explain how some companies use different strategies to protect their product with short life cycle from being copied by other international violators.
Cost leadership strategy and quick-response strategy : Of the potential strategies available to Regal Marine, have they chosen differentiation, cost leadership, or quick response? Do you think that is a good choice for a boat manufacturer? Why or why not? Given that Regal Marine has specifically chosen a..
The cost estimation to design a new aircraft : Boeing has developed the 787 for production in 2008*. It is expected to perform 20% more efficiently than any other plane. Assume the passenger load is similar to the Boeing 777 (which cost $6 billion to design and went into service in 1993). The BLS..
Learning curve applies to a particular assembly operation : It has been determined that a 90% learning curve applies to a particular assembly operation. It takes 30 minutes to assemble the first unit. How many minutes are required to produce the 5th unit? What about the 30th unit?
What is the estimated overall labor cost for a task : What is the estimated overall labor cost for a task that has a learning curve of 90% and is expected to reach steady state value after 16 units in a time of 5 minutes to assemble and the total production run is 20 units. Labor is $22 per hour. What w..
What is the break-even point for each location : Jimbo Elrod has obtained fixed and unit variable cost in formation of four potential locations for his professional wrestling school and summarized it in the table below. What is the break-even point for each location if Jimbo decides to charge $22 p..

Reviews

Write a Review

Operation Management Questions & Answers

  Warning signals would you like fed back from pac to mrp

Lead times are sometimes called rubbery. What accounts for this concept of elasticity in lead times?

  Describe the attitudes manager would need to be successful

A growing number of Americans work for foreign-owned firms in the United States. Do you think that these American employees are being influenced by the foreign owner’s approach to management and the culture of the country of the owner? Describe the a..

  Illustrate what ways does neelman demonstrate

In Illustrate what ways does neelman demonstrate an understanding of human resource approach to management.

  What do you consider important when considering

Based on your readings, what do you consider important when considering a make or buy decision?

  At what volume of output would the two alternatives yield

At what volume of output would the two alternatives yield the same profit? c. If demand is 13000 unites, which options yeilds a higher profit and how much?

  The kab corporations regular demand for item xyz is

the kab corporations daily demand for item xyz is normally distributed with a mean of 50 units. the replenishment lead

  Why are these two roles typically separated

Why are these two roles typically separated? Is it a positive development for so many firms to have a combined CEO and board chair?

  Illustrate what you have learned in this course

illustrate what you have learned in this course or your future progress/improvement. State whether you achieved the course objectives.

  What are the various methods for recruiting employees

are what are the various methods for recruiting employees? why are some better than others? In what sense are they better?

  Communication strategy

As the owner of your fictitious company, please develop a new model for an effective communication strategy as you are not happy with the one that is currently in place.

  Calculate the total annual cost incurred for the economic

Apply the economic order quantity formula to the data in Example 2-2 on Page 35 in the textbook, and reproduce the answer of 2,828 units. Also, calculate the total annual cost incurred for the economic order quantity.

  Assignment on describe information management

Assignment On Describe Information Management and Quantitative Research Techniques

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd