Case summary: A product is brought by the consumer which is created in a series of process that involves transforming the raw material into goods and services. Operation management is responsible to buy part of the product. The F company is producing the car in the mass quantity. The F company provides facility to its customer to chose color of car online.so that, the cost can be customize to compete in the world market. Since, in today’s world, maximum work of production is done by the robot to manufacture the product which is more efficient. Since, robotics plays a major role in almost every process of production.
Many of the company uses the just-in-inventory method to control the inventory of the company because it makes the firm cost effective and profitable. Think about the opportunity in then production department for the graduates.
Adequate information: The F company produces car and provides online color choosing facility to its customer. The robots are more efficient in production and are cost effective to the company.
To discuss: Whether the US company is adapting the challenges of global manufacturing.
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UNDERSTANDING BUSINESS
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- Discuss these 4 cost drivers: 1. Economies of scale 2.Learning and experience curve effects 3. the cost of key resources inputs 4. link with other activities in the company or industry value chainarrow_forwardThink of a Service or manufacturing organization of your choice and list down the main operations being performed in that organization. Note: First write the core business of that organization, (for example, Bank, the core business of a Bank is to fulfill the financial needs of individuals and businesses) and then its main operations performed.arrow_forwardLarge-scale industries plays an important role in the development of the industrial sector. Come up with an explanation to this question.arrow_forward
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