Use of a grid analysis

Assignment Help Operation Management
Reference no: EM13873163

Exercise 2: Use of a Grid Analysis (Weighted Scoring Model) to Help Make the North American Plant Location Decision for the RX 330

This exercise illustrates how when deciding among two or more competing plant location options, various decision factors (which can typically be characterized

as exogenous - in the environment external to the company, hence largely outside its control - or endogenous - internal to the company, therefore largely under its control) can be qualitatively identified, and how these factors can then be weighted to obtain an overall score for each competing location option.

An example of an exogenous factor is regulations or laws established by the government where the company operates. An example of an endogenous factor is the wages the company elects to pay, where not constrained by law.

You will use grid analysis, another important tool employed by operations managers, to support your recommendation.

a. List the factors your team considers key to the Toyota Motor Manufacturing Canada (TMMC): The Lexus RX 330 Line North American plant location decision, identifying these factors as either exogenous or endogenous, weighting them using your team's best judgment (stating any relevant assumptions or constraints), and assigning two scores to each factor: one for production of the Lexus RX 330 at TMMC, and one for production at a Toyota factory in the USA.

b. Using the scores from your team's weighted scoring model and working with regard to Ringo Sho and Nemawashi, make and support your recommendation for the RX 330 North American plant location - TMMC or a factory in the USA.

c. Include an executive summary.

Reference no: EM13873163

Questions Cloud

Briefly explain the concept of personnel management : Briefly explain the concept of Personnel Management. Contents Introduction 1 About the Company 2 Job Design 3 Recruitment Strategy 4 Selection strategy 5 Implementation 5 Conclusion 6.
Prepare a multi step income statement : Prepare a Multi step income statement that would be used for internal reporting purposes. Treat Sales Discounts and Sales Returns and Allowances as contra-revenue accounts, and report all expenses separately. Prepare a Multi step income statement tha..
What do the men carry in the story the things they carried? : What do the men carry in the story The Things They Carried?
What are the characteristics of the augmented product : What are the characteristics of the "augmented product". What is the customer benefit or value created? What is the stage of the product life cycle (PLC)? What are the characteristics of this stage
Use of a grid analysis : Exercise 2: Use of a Grid Analysis (Weighted Scoring Model) to Help Make the North American Plant Location Decision for the RX 330 This exercise illustrates how when deciding among two or more competing plant location options, various decision factor..
Formulate a balanced transportation problem : Formulate a balanced transportation problem that can be used to maximize Televco's profit. Use the northwest corner method to find a bfs to the problem.
Determine the gage pressure of the gasoline line : A gasoline line is connected to a pressure gage through a double-U manometer, as shown in Fig, if the reading of the pressure gage is 370 kPa determine the gage pressure of the gasoline line.
Jessie stores uses the periodic system of calculating : Using the FIFO method, calculate Jessie Storesinventory on December 31 and its cost of goods sold for December.
Seaburg construction company, formed : Seaburg Construction Company, formed in 1950by James Seaburg, was initially en­gaged in residential construction in Mobile, Alabama.Later, Mr. Seaburg's business was expanded to include the construction of of­ficebuildings and apartment complexes. In..

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