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

Why companies are more interested in using intangible assets, Companies are...

Companies are now more and more interested in using intangible assets and human capital as a way to gain an advantage over competitors. True False

Explain what is the risk premium for the payoff, A decision maker has the f...

A decision maker has the following utility function. Payoff Indifference Probability 250 1.00 200 .90 100 .80 50 .50 -50 0 What is the risk premium for

Explain assess the impact of group think and slackers, Assess the impact of...

Assess the impact of group think and slackers to the overall performance of the team and make two recommendations for how that impact could be mitigated. Provide specific examples

How a roofing company considered socially responsible, A roofing company ag...

A roofing company agreed to complete a job in one week and collected a 50 percent deposit, but never showed up to do the job. The same roofing company then donated $6,000 to a loca

Describe what would be the total number of workers, In the precedence chart...

In the precedence chart to the right, times are in seconds. 1 Assume that the plant runs one 7.5 hour shift per day and the assembly line is designed with 5 stations (one worker pe

Why knowledge is vital supervisor''s tactical planning, Why should a first-...

Why should a first-line supervisor understand the organization's objectives? Why is this knowledge important to the supervisor's tactical planning?

Explain hr provides managers with data to make decisions, Evidence-based HR...

Evidence-based HR provides managers with data to make decisions, instead of just relying on intuition. True False

Activities and advantage that providing facility to customer, Consider the ...

Consider the Gleneagles Hotel in Scotland - it is unique, not part of a chain. It is a six star hotel with world class sports facilities with two championship golf courses, which h

Public Administration, Is the city management form of government better tha...

Is the city management form of government better than the mayor and council form of government?

Explain the nature and components industries., Describe the nature and comp...

Describe the nature and components of, and the issues currently facing, executive compensation in various U.S. industries.

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