Question 2, Operation Management

Assignment Help:
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 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.
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

Related Discussions:- Question 2

Write an essay on porter''s five forces industries, Give an essay on Porter...

Give an essay on Porter's 5 forces industries (the auto or shoe industry) A 75 to 100 words/references.

Discuss the factors affecting productivity increases, 1. Define productivit...

1. Define productivity both as a mathematical ratio and as a systems diagram?  2. Outline how the productivity of an organisation may be improved.  3. Discuss the factors aff

Explain breakeven point in dollars of sales, A firm is selling two products...

A firm is selling two products, chairs and bar stools, each at $50 per unit. Chairs have a variable cost of $25 and bar stools $20 Fixed cost for the firm is $200 a. if the sales m

Explain developing a risk matrix, How would you go about developing a risk ...

How would you go about developing a risk matrix? Give an example of the kinds of factors that should be evaluated.

Categorize the problem that interfere with a firm, Categorize the problem t...

Categorize the problem that interfere with a firm reaching its goals in the short-run

Explain physical inventory-taking technique, Question 1 Shortage costs are ...

Question 1 Shortage costs are precise and easy to measure. Question 2 Savings from reduced inventory results in increased profit. Question 3 Using the probability approach we

Types of process designs, Types of Process Designs The basic type of p...

Types of Process Designs The basic type of production system and the finished goods inventory policy to be used must be decided at the earliest stages of process planning. The

Explain hidden-camera videos used to promote coke zero, Why do you think th...

Why do you think that the hidden-camera videos used to promote Coke Zero were an effective way to reach its target market? Do you think a similar strategy with a viral marketing ca

Explain the service organization worry about world class, Why should a serv...

Why should a service organization worry about being world class if it does not compete outside its own national border? What impact does the Internet have on this?

Write Your Message!

Captcha
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