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

Find an example where break-even analysis could be applied, In your own org...

In your own organisation find an example where break-even analysis is/could be applied.

Explain work study, Explain work study. Definition of Work Study: it,...

Explain work study. Definition of Work Study: it, as defined by British Standard Institution, is a generic form for those techniques mainly 'Method Study' and 'Work Measureme

Product Design, In what ways is product strategy linked to product decision...

In what ways is product strategy linked to product decisions?

Explain striking in order to have a union recognized, Elections under the N...

Elections under the NLRA were intended to replace the need for striking in order to have a union recognized.

Important of production planning, Important of Production Planning The i...

Important of Production Planning The importance of production planning maybe judged form the following facts. 1. Production Planning Sets Objectives: Production planning se

Predetermined time standards (pts) - process design, Predetermined Time Sta...

Predetermined Time Standards (PTS) - Process Design This is a work measurement technique whereby times established for basic human motions (classified according to the nature

Explain why should be performed before signing a contract, What due diligen...

What due diligence should be performed before signing a contract?

Explain intrinsic motivation for southwest employees, 1. What is the organi...

1. What is the organizational culture of Southwest Airlines like? How does it affect the way the employees behave? 2. What are some potential sources of intrinsic motivation for

Simplex method , Q3. Solve the following Linear Programming Problem using S...

Q3. Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 4 X1+ X2 2 X1, X2 0

Explain how does radisson hotels worldwide apply capacity, How does Radisso...

How does Radisson Hotels Worldwide apply Capacity and Scheduling, and quality?

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