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Toyota Production System

Ratios you think are most valuable to managers in your company

1. What is ratio analysis. What ratios do you think are most valuable to managers in your company or an organization you know about? 2. Some theorists believe that people are basically trustworthy and that controls are unnecessary and counterproductive. Others believe that people are untrustworthy and we need to look over the

Elements of the marketing mix (product, place, price, and promotion)

Describe/define the elements of the marketing mix (product, place, price, and promotion- you may include "people" as well, however, this is not required). Your text materials should serve as a major resource for this portion of the paper. In addition to defining the marketing mix elements, select an organization with

Toyota Motors: Effectiveness of management for position in global landscape.

Use Toyota Motors that operates internationally, which has had controversy or widely-recognized problems. For example, Wal-Mart has expanded into China only to find that its products were not wanted, while Shell Oil continues to battle allegations of benefiting from corrupt political bodies in foreign locations, and the United N

Operations management types

The aim of a lean/value chain system is to systematically eliminate waste. Describe at least 5 types of wastes in a service-based organization of your choice, critically discuss the use of value chain analysis as defined by Micheal Porter (Porter's Value Chain) in this particular organization.


Operations Mgmt. for Managers PROJECT Just-in-Time Systems Consider Dell Computer Corp. 1) How does JIT and Lean processing affect managerial decision-making in that Dell? 2) What are the benefits and difficulties Dell face in implement JIT concepts? If they cannot use JIT, what other practices could be more

Managing the Supply Chain (c)

Read the following three articles. The first article features Gulfstream, a General Dynamics company, showing you how they use location to support their domestic and international supply chain links. The second article, provides a good overview of key location factors that need to be considered in defining an optimal spatial su

Logistics of Supply Operations

Margaret Bruce, Lucy Daly, Neil Towers (2004) Lean or agile: A solution for supply chain management in the textiles and clothing industry, International Journal of Operations & Production Management, Bradford: Vol. 24, Iss. 1/2; pg. 151 Van der Vorst, J., Van Dijk, S., & Beulens, A., (2001). Supply chain design in the food

? What has Toyota done right in handling the crisis? I find that Toyota did the right thing by acknowledging that there was a serious problem that would place consumers in a dangerous position. Although Toyota did not react as quickly as I would have like them to, I find that once they determined which vehicles malfunctioned and what the root cause of the issue was, I was pleased that they called in for reinforcement by utilizing a seasoned retiree to aid in a thorough investigation of what went wrong. As with any company, the way they acknowledge their faults is by expressing accountability for their issues. Toyota was obligated to inform consumers of the problem and to explain to consumers what their plans are to mitigate the risks associated with the problem. I feel as though Toyota expressed an overall concern for the safety of the consumers and took the necessary precautions to assess the root of the problem. Toyota's immediate response to recall several thousand faulty vehicles was another risk mitigation technique that any major corporation would have considered. For example, Tylenol recalled their pain and arthritis medication as a result of a poisonous chemical found in the pill, thus causing the company to put the consumers' best interest ahead of profitability. Dodge on the other hand, has the same issue as Toyota, I was driving one of their vehicles and have encountered unintentional acceleration and have yet to hear complaints of this issue from Dodge or consumers, which may result in an ongoing problem if no one complains about it, however if there were no consumer complaints than perhaps Dodge already alleviated the problem early on. In essence, Toyota should considered consumer complaints early in order to prevent insurmountable backlash. This recall has cost the company a significant amount of revenue and could have been prevented if they decided to handle the problem in the beginning stages before it elevated to this level.

? What has Toyota done right in handling the crisis? I find that Toyota did the right thing by acknowledging that there was a serious problem that would place consumers in a dangerous position. Although Toyota did not react as quickly as I would have like them to, I find that once they determined which vehicles malfunctioned

Toyota Expansion into Brazil

Global business plan to expand Toyota into Brazil. I am working on the Marketing Research portion and I need assistance with the following: Discuss global or regional business opportunities for all stakeholders.

Toyota expanding to Brazil

Global Business Plan Toyota expanding into Brazil: Need assistance with the following two sections of a Global Business Plan in which I have picked Toyota to expand into Brazil. I am mostly concerned with getting assistance with part 2 and not part 1, but wanted to include the factors that will be discussed. I would like to

Production system controls

There is no best way to monitor and control a production system. It depends upon the multitude of variables associated with the unique organization. Please explain in layman's terms what this means? Is there a danger in collection of too much data? Why?

Case analysis for Strategic service system design

See attached case study for Strategic service system design Prepare a brief overview of the case and, more importantly, the issues that it raises. You should come up with your own perspectives on the case. 1. What are the characteristics of the car rental industry? How do these characteristics influence the

The psychographic characteristics for target markets: Toyota

Below are three companies that have target markets with distinct psychographic characteristics. Please choose one and explain in detail what their psychographic characteristics are, and how they differ from the "mainstream". iPad owners Toyota Prius drivers Us Weekly readers

Identify Cost Cuts to Reduce the Budgets of Dilemma

Dr. Stephanie White, the Chief Administrator of Uptown Clinic, a community mental health agency, is concerned about the dilemma of coping with reduced budgets next year and into the foreseeable future but increasing demand for services. To plan for reduced budgets, she must first identify where costs can be cut or reduced and st

Competitive advantages of US and Japan

The World Economic Forum studies global competition and publishes the global competitive index, which is quite intriguing. US as a country has slipped from the top position to the 6th position in the 2007 rankings (WEF, 2007). Japan leads innovation. However, US holds the top rank in the business competitiveness index (BCI). The

Innovation study

The CEO of your company, Mr. Gilbert, has just informed you of your first assignment for the development of the new product. He tells you that to fully understand the requirements of the task at hand, you should research innovation and discuss how other companies have used innovation to develop their new revolutionary products.

Axel Powalski: examples of three models of decision making

Axel Powalski is still a little unclear on the following three different models of decision making and he would like you to provide some real-world examples of how the models have been implemented successfully: * Rational choice * Competing values * Judgment heuristics

Managerial Accounting 1

See attached file. Problem set P1-1A (pg 41), P1-2A & P1-3A(pg 42) and BYP1-2 (pg 49). My e-chapter is attached.

Business Strategies and Organizations

In a paper (APA double spaced), identify a different organization for each of the six specific strategies: 1. Flexibility in design & volume, 2. Low cost, 3. Delivery, 4. Quality, 5. After-sales service, 6. A broad product line. Support your position with references to specific actions, policies, or events that d

Fortune 500 Research

Hello: I am looking for your guidance with the following: . Fortune 500 Research Outline pick a fortune 500 company and prepare a one-to-two page detailed outline. In your outline be sure to include information on the following topics: 1. What forecasting technique(s) does this company use? 2. How does your selecte

Question about Strategic leadership

Please assist. I need assistance in explaining what Lawler III,E.E (2003) proposes the diamond model for organizational effectiveness. Discuss one of the four corners of his model. Discuss what that factor might look like in a military organization. How does that determinate of effectiveness relate to the human side of t

Fast Company Approach to continuous change at Toyota.

Fast Company described the approach to continuous change at Toyota. One example involves improvement in the paint shop at Toyota's Georgetown, KY plant. In this case, workers changed the painting system to use paint cartridges for different colors, replacing the previous hose based system. This change reduced waste and manufac

Supply Chain Operations: Benchmarking, Change management, Performance Measure

Your boss has asked you to analyze the quality issues facing your supply chain operations. Include: 1) Benchmarking Your discussion may include some of the following elements: Against which companies will you benchmark? What parameters will you attempt to benchmark? How will you obtain information on those (competitor) compa

Scorekeeping, Attention Directing, and Problem Solving

For each of the following activities, identify the function that the accountant is performing?scorekeeping, attention directing, or problem solving?and explain why it fits that category. 1. Preparing a schedule of depreciation for forklift trucks in the receiving department of a General Electric factory in Scotland. 2. Ana