Toyota are operating with the same number of inventory turns

Assignment Help Operation Management
Reference no: EM131430993

The Wall Street Journal reported that "although GM and Toyota are operating with the same number of inventory turns, Toyota's throughput is twice that of GM." The discrepancy, concluded the writer, "could be due to much faster flow times and lower inventories by virtue of Toyota's production system." With which of the following deductions do you agree and why?

a. The two statements are consistent

b. The two statements are inconsistent: If both have the same inventory turns, they have the same flow time but Toyota has higher average inventory then GM

c. The two statements are inconsistent: If both have the same inventory turns, they have the same flow time, but Toyota has lower average inventory than GM

d. The two statements are inconsistent: If both have the same inventory turns, they have the same average inventory, but Toyota has a higher flow time than GM

e. The two statements are inconsistent: If both have the same inventory turns, they have the same average inventory, but Toyota has a lower flow time than GM.

Reference no: EM131430993

Questions Cloud

What funding supports most agencies serving this population : What funding supports most agencies serving this population? What resources are available to clients, as well as those serving this population?
Tell all the truth but tell it slant : analyze three of these poems & state why, in your own words, why you choose these poems and why you feel they are the best representation of her poetic voice.
Could next year’s real gdp exceed next year’s nominal gdp : Could people's real consumption possibilities expand at the same time that real GDP per capita falls? d. How does changing amounts of leisure complicate comparisons of real well-being over time?
Calculate the degrees of freedom : Use the following data to conduct a difference of means test: Calculate the degrees of freedom. Compare the t-statistic to the critical value for p = 0.05 for the corresponding degrees of freedom
Toyota are operating with the same number of inventory turns : The Wall Street Journal reported that "although GM and Toyota are operating with the same number of inventory turns, Toyota's throughput is twice that of GM." The discrepancy, concluded the writer, "could be due to much faster flow times and lower in..
Locate an article on either tularemia and glanders : Locate an article on either Tularemia, Glanders, or Melioidosis and complete a summary and response to the article. Articles utilized must be different than those cited, posted, or referenced in the course materials.
Find confidence interval for the true mean response time : Assuming normality, find 99% confidence interval for true mean response time for rural-area ambulances.- Assuming normality, find a 99% confidence interval for the true mean response time for city ambulances.
Why future search could effectively address the given issue : What issue facing your organization would be most appropriately addressed using Future Search? Explain the issue and why Future Search could effectively address this issue.
What are the current order quantities for each component : Your firm creates specialty home thermostats and sells them to home improvement stores. The thermostats are made up of three major components: a display (and control), a computer (and WiFi), and back (and battery). What are the current (Economic Orde..

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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