Toyota Production System Basics What are the main pillars of TPS? 1. Standardization 2. Just in Time Manufacturing 3. Lean Kaizen 4. Jidoka or Autonomation 5. Total Productive Maintenance TPS Objectives Reduce cost by the elimination of waste- good products that are safer and lower in cost. Make it easier to obtain and guarantee good quality. Based on teamwork and respect for human life‚ create a workplace where all can fulfill their potential. Build a lean production
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1Toyota the world largest automaker. Continuing gas pedal problems prompted Toyota to recall 2.17 million cars Thursday - marking the third time the automaker has made such a move since 2009. Toyota issued the recall at the urging of the U.S. Department of Transportation. The world’s No. 1 automaker said the recall will address a problem with accelerator pedals getting jammed under floor mats or driver’s side carpeting. The new recall includes 600‚000 4Runner SUVs made between 2003 and 2009
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company which will be called Corpus Christy. RL Wolfe’s other two companies are unionized and are facing many issues. Amasi has done much research and has learned that Self-Directed Teams has led to high productivity. “Wolfe’s other two plastic pipe manufacturing plants were running at 65%-70% of design capacity‚ and in Johns view‚ “High productivity was 95% or more of design capacity” (Gavin & Collins‚ 2009). The Problem A little
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TABLE OF CONTENTS Pages Executive Summary1 Review of Facts2-3 Issues4 Analysis5-6 Conclusions/Recommendations7-8 EXECUTIVE SUMMARY This case is about how a company should allocate costs. Mr. Delaney is the owner of an automobile dealership that is profitable but not profitable in the area of the body shop department.. The predicament that he faces is that he needs to figure out how to allocate the costs among his different profit centers. One of the things that Mr. Delaney did in trying to
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Case Synopses Walmart Stores‚ Inc. 09/12/13 Which strategic management concepts are useful in the analysis of this case? 1. SWOT Analysis Walmart’s internal strengths and weaknesses and environmental opportunities and threads are: Strengths Highly motivated and committed employees (Associates) Top management involved on daily operations (street managers) Latitude price setting (allows more profitability in different locations) Technology oriented (Satellite system and logistic
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STUDENT: | Louis-Claude ROUX | PROFESSOR: | Philippe René Gillet | CASE: Virgin Mobile USA “Pricing for the first time” | DATE: 20/02/2012CLASS: MBS-Entrepreneuriat | PART I) ANSWERS BASED ON MY “GUT FEELINGS” Virgin Mobile targets the 14 to 24-year-olds market. The case lays out three pricing options. Which option would you choose and why? I would go for option number two for several reasons. The first one is that I think offer number one is not sufficiently different from the rest
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INTRODUCTION Ford Motor Company was founded by Henry Ford in 1903‚ in Dearborn‚ Michigan. It is one of three leading automotive manufacturing companies in United Sates and grew to reach revenue of more than $144 billion with 370‚000 employees and operation spanned 200 countries. In the 1970’s‚ the automobile market for the major auto-makers‚ General Motors (GM)‚ Ford and Chrysler was crunched by competition from foreign manufacturers such as Toyota and Honda. The automakers faced the need to continue
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ICE-FILI CASE 1 - How attractive is the Russian ice cream industry in 2002? The main data about the attractiveness of this market are: - The consumption is about 6 times lower than in France‚ Canada‚ US because of a different mode of consumption. Indeed‚ Russians consider Ice Cream as an “on the go” snack and not as a dessert they can have at home. - producing in Russia implies a certain adaptability of recipes since traditional Russian ice creams contain less fat and are made with natural
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Case Study of SAIC Acquiring Ssangyong Motor Company By Cheryl‚ Linda‚ Vianne‚ Ivy‚ Danna and Bob Class 1‚ English Trade‚ SCNU 2011/12/01 Content 1. Introduction 2 1.1 Scale of Entry and Strategic Commitments 2 1.2 Establishing mode 2 2. External macro environment analysis 3 2.1 Political 3 2.1.1 Country’s situation 3 2.1.2 Shanghai’s situation 3 2.2 Economic 4 2.2.1 Cost of production 4 2.2.2 Currency exchange rates
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foreign travel. Helps the import sector of the economy‚ companies that sell foreign goods (Toyota dealers). Helps U.S. companies buying foreign inputs. Helps U.S. consumers - imports are cheaper. b. Disadvantages: U.S. exports are expensive‚ including tourism in U.S. Hurts the export sector‚ companies that sell abroad‚ makes them less competitive. Hurts the import-competing sector - GM‚ for example (Toyotas from Japan are now cheaper). Domestic goods are less competitive overseas and here‚ because
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