OPERATIONS MANAGEMENT
OPERATIONS MANAGEMENT
2nd Edition
ISBN: 9781260238877
Author: CACHON
Publisher: RENT MCG
bartleby

Concept explainers

Question
Book Icon
Chapter 11, Problem 1CQ
Summary Introduction

To identify: The best way Firm A can be described.

Expert Solution & Answer
Check Mark

Explanation of Solution

Correct option: (a)

Correct answer:

Tier 2 supplier.

Justification:

Firm A manufactures the brake pads which is a component of a braking system and it is bought by Firm B. Firm B sells the entire braking system used in vehicles. Firm A is therefore known as a Tier 2 supplier. A Tier 2 supplier is one who is not less vital to the supply chain but are generally limited on the type of components they are able to produce. Tier 2 companies are smaller and have less technological advancements.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!
Students have asked these similar questions
Many artists and art lovers embrace the idea of the “starving artist,” such as the early career artist who hasn’t yet sold much of her art or whose art hasn’t yet been “discovered,” the artist who sacrifices lifestyle, living in a cheap apartment in a poor neighborhood, scraping by with barely enough to eat, pouring every dollar at their disposal into his art, or the artist who makes do by working other jobs, such as a waiter or waitress, to pay the rent so he can work on his art in his free time.   As an artist and businessperson, however, you’d rather not be a “starving artist.” Of course, it takes time to master your art, display your work, and build a following, but is it necessary if you’re successful as an artist to also be a bad businessperson.   The challenge with your art, bronze sculptures, however, is what comes first, the chicken or the egg, in other words, success as an artist or financial success. With the cost of materials, foundry time to pour and shape your creations,…
Can you guys help me with this? Thank you! Here is the article's title by Murray Stassen about the current event:  Clemens Trautmann promoted to President of Deutsche Grammophon and New Business Strategy This assignment requires the use of the concepts and theories learned to analyze a current event in the business world. It needs to be relevant to strategic management and has the quality of analysis of the situation from the article. From this situation, which of these concepts and theories could be applied to?  * Five Generic Competitive Strategies:  + Broad Low-Cost Strategy + Broad Differentiation Strategy + Focused Low-Cost Strategy  + Focused Differentiation Strategy  + Best-Cost Strategy  * Ethical Universalism * Ethical Relativism * Corporate Social Responsibility
Identify the causes of the problem. -Start by Reviewing the Inputs box in the Organizing Framework to help you identify the causes of the problem in this case. First identify the person factors and then situation factors as inputs. -Then move to the Processes box in the Organizing Framework and review the potential causes among individual level, team level and organizational level factors. -For each cause explain why this is a cause of the problem. For each cause ask yourself “why” is this a cause to the problem we identified. Remember that asking why multiple times will help you find the root cause of the problem.
Knowledge Booster
Background pattern image
Operations Management
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Practical Management Science
Operations Management
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:Cengage,
Text book image
Operations Management
Operations Management
ISBN:9781259667473
Author:William J Stevenson
Publisher:McGraw-Hill Education
Text book image
Operations and Supply Chain Management (Mcgraw-hi...
Operations Management
ISBN:9781259666100
Author:F. Robert Jacobs, Richard B Chase
Publisher:McGraw-Hill Education
Text book image
Business in Action
Operations Management
ISBN:9780135198100
Author:BOVEE
Publisher:PEARSON CO
Text book image
Purchasing and Supply Chain Management
Operations Management
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Cengage Learning
Text book image
Production and Operations Analysis, Seventh Editi...
Operations Management
ISBN:9781478623069
Author:Steven Nahmias, Tava Lennon Olsen
Publisher:Waveland Press, Inc.