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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).
What is VMI and briefly describe why transportation is so important in this concept. Support your comments with at least one example to illustrate. Be sure to cite your sources.
What is a "learning organization?" What kind(s) of "learning" may occur in this type of organization?
A large electric utility company has proposed building an $820 million combined cycle, gas-powered plant to replace the electric generation capacity at one of its coal-fired facilities. Develop three other alternatives for replacing this electric ..
An electronic chess game has a useful life that is exponential with a mean of 30 months. Determine each of the following
Discuss the advantages to locating manufacturing, assembly or distribution facilities in countries with relatively low wages.
Explain in detail how you would effectively move well beyond 3 sigma in quality of conformance for a finished product.
A negative risk has a 30% probability of occurring. If it does take place, it'll result in an extra $20,000 cost to the project. What is the expected monetary value of this risk?
Compare and contrast the two metaphors that you have chosen. How are they similar? How are they different? How might being able to switch between the metaphors help you be a more effective leader and enhance organizational behavior?
Include examples from external research to support your views. Describe a company that has used a purchasing strategy to improve the financial impact of the company. Use at least one scholarly source from the Ashford University Library to obtain..
What PPE would you require for your team members and the recovery workers - short term and then later in the recovery effort. What testing equipment would you require for your team members
A publisher sells books to Borders at $12 each. The marginal production cost for the publisher is $1 per book. Borders prices the book to its customers at $24 and expects demand over the next two months to be normally distributed, with a mean of 20,0..
Determine the approximate length of a production run, in days. (Round your intermediate calculations to 2 decimal places and final answer to the nearest whole number.)
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