Company started as retail installer of tires on cars

Assignment Help Operation Management
Reference no: EM131113780

ZZ Tire Company started as retail installer of tires on cars 10 years ago. They now have 400 retail stores, installing about 10,000 tires per store per year and selling a total of 4 million tires. 5 years ago, they decided to start manufacturing their own tires to sell in their retail locations. They now have 4 manufacturing plants, making 2 million tires a year. They made a profit of $170 million dollars. On average, they make $50 a tire on the tires they manufacture and $35 on the tires from other manufacturers. Their current growth rate is 12% a year, and they are only located in the 10 southeastern states. Their current customer satisfaction rating is 85%. They are also starting to do research on making a tire that increases gas mileage in cars. Currently, they are using the same type of machines in the factory since the beginning and still use the same type of machines in their installation locations. Do a basic balanced scorecard evaluation where you go through the four areas (learning and growth, internal business process, customer, and financial perspectives) and provide management some ideas for improvement. You are allowed to estimate and make assumptions about the company.

Reference no: EM131113780

Questions Cloud

What can the system do to better assist the victim : What role does the victim play in the criminal justice system? What can the system do to better assist the victim
Why are procedural memories still preserved : Why are procedural memories still preserved in individuals with anterograde amnesia?
Why do investors invest the lion share of their funds : Why do investors invest the lion's share of their funds in domestic securities?
What is the likely diagnosis for chase adams : What is the likely diagnosis for Chase Adams - Provide three examples from the case that support your diagnosis choice
Company started as retail installer of tires on cars : ZZ Tire Company started as retail installer of tires on cars 10 years ago. They now have 400 retail stores, installing about 10,000 tires per store per year and selling a total of 4 million tires. 5 years ago, they decided to start manufacturing thei..
Video comparing the idea of our criminal law system : Create a 15 to 20 minute powerpoint presentation or video comparing the idea of our criminal law system as adversarial to other descriptions of how a courtroom works
Exercises in emergency management : Describe the requirements to plan and carry out table top exercises in emergency management.
What are the bonds and difference between both : The topic on this has a lot of interest for me because as being a Christian and not yet married I like to compare on the statistic of being under the Christian view of marriage and how much does it play a role on how marriage work and are people m..
Sketch the corresponding phasor diagram : Consider the solution of Example 11.4.1. By means of a phasor diagram, determine the load power factor for which the regulation is maximum (i.e., the poorest), and find the corresponding regulation.

Reviews

Write a Review

 

Operation Management Questions & Answers

  With the growth in modern communication technologies

With the growth in modern communication technologies, such as email and video-conferencing, and the declining costs of international travel

  Which industry comes closest to exhibiting constant

Which industry (or industries) appears to exhibit decreasing returns to scale? (Ignore the issue of statistical significance).

  Researching the number of deaths in the us

Having trouble researching the number of deaths in the US each year due to each of the following medical conditions in each of these years: 1985, 1990, 1995, and 2002. heart disease, cancer and aids

  Adequately leverage organizational learning

Schwandt and Marquardt claim that, in the near future, only organizations that adequately leverage organizational learning will survive. Companies that do not will soon go the way of the dinosaur and die because they were unable to adjust quickly eno..

  Find examples of failed products

n this assignment, conduct independent research to find examples of "failed" products (defined as products that been introduced, then withdrawn, from the market by the company). Include the following elements: A short description of three "failed" pr..

  Discuss what categories of swot elements of information

Discuss what categories of SWOT elements of information are readily available on Internet. Illustrate what categories of data are difficult or impossible to find out on Internet.

  Moment of methods approach with monte carlo simulation

Compare and contrast the moment of methods approach with Monte Carlo simulation. Explain how each might be used on projects of varying size and scope.

  What are models and why are they important

What are models and why are they important?

  Explain how unique characteristics contribute to success

Classify characteristics that seem to be unique to Caterpillar and make their system successful. Explain how these unique characteristics contribute to success of Caterpillar.

  What is the lower limit of the average chart

Bags of tea are sampled to ensure proper weight. Overall average for the samples is 8 ounces. Each sample contains 10 bags. Average range is 0.1 ounces. What is the lower limit of the average chart?

  Adoption of an innovative business model

Discuss the way in which Dell managed to disrupt the PC industry in the 90s through the adoption of an innovative business model. How was it possible for a relatively small firm to outperform well-established firms such as IBM, HP, Digital, Apple, an..

  A kind of genetic engineering happens in nature

A kind of genetic engineering happens in nature, with naturally occurring mutations and the dominance of certain strains. What is different about today’s processes? What makes them potentially dangerous? What should we consider natural and what is ar..

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