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

Define the key planning factors for competitive success, What are the key p...

What are the key planning factors for competitive success? Provide an example of an organization that has achieved competitive success through planning. Provide an example of an or

Logistics, suggested modification in enhancing logistics system

suggested modification in enhancing logistics system

Management and leadership, How have you demonstrated on a daily business yo...

How have you demonstrated on a daily business your ability to find the optimal balance between leading and managing?

Explain goals should be articulated by teams, Clearly-defined goals are the...

Clearly-defined goals are the essence of great teamwork. Which of the following statements is most true about how goals should be articulated by teams

Why user should be involved design of the database, We are agree that the u...

We are agree that the user should be involved in the design of the database. Class, how would you go about the process of designing a database? What processes are involved? And ple

Define the firm carry out the environmental scanning process, How should th...

How should the firm carry out the environmental scanning process? What would the process be of any practical value?

Describe database administrator for the itunes store, If you were the datab...

If you were the database administrator for the iTunes store, how might you use predictive analysis to determine which artists and movies will sell most next year?

Explain implementation of a transnational strategy, What do you see as the ...

What do you see as the main organizational problems that are likely to be associated with implementation of a transnational strategy? Explain

Advantage of least cost method, Advantage of Least Cost Method a.      ...

Advantage of Least Cost Method a.       This method   provides accurate solution as transportation cost is consider while making  allocation. b.      It is very simple  and

Explain various health care plans, The first step in the Model of Scientifi...

The first step in the Model of Scientific Inquiry is to identify the question or problem needing further study. The following seven situations are typical everyday problems in busi

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