Given that MM is a major customer, the company has to take a decision whether to comply with MM’s stipulation of converting from bar codes to RFID, for the labels on its products. Perhaps MM would have asked all the suppliers to changeover and also would have given a deadline when this changeover would be effective. Not complying with MM’s stipulation, the company has to face the risk of losing a major customer. Given that RFID technologies are replacing bar code processes, perhaps all customers would sooner than later ask its suppliers to change over to RFID labels as it is a superior technology compared to bar code labels. Therefore, the company has no option but to adopt RFID technology. The changeover would mean additional investment. To determine: The ethical issues in the situations and the things should be done by the company.

Question

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Answer 1

Question

Chapter 16, Problem 1ED

Summary Introduction

Case summary:

Given that MM is a major customer, the company has to take a decision whether to comply with MM’s stipulation of converting from bar codes to RFID, for the labels on its products. Perhaps MM would have asked all the suppliers to changeover and also would have given a deadline when this changeover would be effective.

Not complying with MM’s stipulation, the company has to face the risk of losing a major customer. Given that RFID technologies are replacing bar code processes, perhaps all customers would sooner than later ask its suppliers to change over to RFID labels as it is a superior technology compared to bar code labels.

Therefore, the company has no option but to adopt RFID technology. The changeover would mean additional investment.

To determine: The ethical issues in the situations and the things should be done by the company.

Expert Solution & Answer

Explanation of Solution

The company can consider the following:

The company can suggest to MM to choose one prominent RFID technology vendor to carry out the conversion for all its suppliers, so that there are not only scale economies which would reduce the cost, but also ensure compatibility with the technological processes of MM.
MM can co-ordinate the work with the vendor for the change-over process.
MM can consider assisting (i) in part funding the additional investment (ii) agreeing to a higher price to make up for the additional investment, (iii) underwrite larger off-take volumes so that the additional cost gets spread out to larger volumes.
The company can aggressively market its products to other customers, so that the production volumes increase significantly and thereby reducing the unit cost.

The ethical dilemma is for MM, as to whether they should invest to gain supplier loyalty or not. MM should obviously help its suppliers with the changeover in technology.

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Students have asked these similar questions

Please provide detailed solutions to the following problems/exercises (4 problems/exercises x 9 points each): 1) View the video ON Unveils ‘Lightspray’ Technology (4.55 mins, Ctrl+Click in the link), and The Secret of Lightspray (8.27 mins, Ctrl+Click in the link), answer the following questions: https://www.youtube.com/watch?v=wjmeaC-wlZs a) What is new about the design of ON’s shoes? b) How will ON’s new manufacturing technique affect location planning for footwear firms? c) How does ON focus on it sustainability strategy? Note: As a rough guideline, please try to keep the written submission to one or two paragraphs for each of the questions. 2) Unimed Hospital currently processes patient admissions through three admitting clerks who are set up to work in series, with respective reliabilities of 0.96, 0.95, and 0.90 (see figure below). a) Find the reliability of the current admission process. Due to rising patient complaints, the hospital administrator, Chimeg…

3) A startup firm, Pocket International, has come up with a tiny programmable computer, NerdCom Mini Air, that sells for $49.99. The firm estimates that the programmable computers have an expected life that is exponential, with a mean of 24 months. The firm wants to estimate the probability that the NerdCom Mini Air will have a life that ends: a) after the initial 24 months of service. b) before the 24 months of service is completed. c) not before 48 months of service. Note: You could work out the problem by hand or use excel; in chapter 4S, section 4S.2 of the Stevenson text, reliability (finding the probability of functioning for a specified length of time) is covered with examples; chapters 4 & 4S Stevenson lecture power point slides 33 to 38 (chapters 4 & 4S lecture: 32.30 mins to 38.56 mins) cover reliability over time with examples.

Discuss how training and development programs can be best presented to ultimately change the behavior of employees, often without their knowledge or awareness.

Answer 2

Question

Chapter 16, Problem 1ED

Summary Introduction

Case summary:

Given that MM is a major customer, the company has to take a decision whether to comply with MM’s stipulation of converting from bar codes to RFID, for the labels on its products. Perhaps MM would have asked all the suppliers to changeover and also would have given a deadline when this changeover would be effective.

Not complying with MM’s stipulation, the company has to face the risk of losing a major customer. Given that RFID technologies are replacing bar code processes, perhaps all customers would sooner than later ask its suppliers to change over to RFID labels as it is a superior technology compared to bar code labels.

Therefore, the company has no option but to adopt RFID technology. The changeover would mean additional investment.

To determine: The ethical issues in the situations and the things should be done by the company.

Expert Solution & Answer

Explanation of Solution

The company can consider the following:

The company can suggest to MM to choose one prominent RFID technology vendor to carry out the conversion for all its suppliers, so that there are not only scale economies which would reduce the cost, but also ensure compatibility with the technological processes of MM.
MM can co-ordinate the work with the vendor for the change-over process.
MM can consider assisting (i) in part funding the additional investment (ii) agreeing to a higher price to make up for the additional investment, (iii) underwrite larger off-take volumes so that the additional cost gets spread out to larger volumes.
The company can aggressively market its products to other customers, so that the production volumes increase significantly and thereby reducing the unit cost.

The ethical dilemma is for MM, as to whether they should invest to gain supplier loyalty or not. MM should obviously help its suppliers with the changeover in technology.

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Answer 3

Question

Chapter 16, Problem 1ED

Summary Introduction

Case summary:

Given that MM is a major customer, the company has to take a decision whether to comply with MM’s stipulation of converting from bar codes to RFID, for the labels on its products. Perhaps MM would have asked all the suppliers to changeover and also would have given a deadline when this changeover would be effective.

Not complying with MM’s stipulation, the company has to face the risk of losing a major customer. Given that RFID technologies are replacing bar code processes, perhaps all customers would sooner than later ask its suppliers to change over to RFID labels as it is a superior technology compared to bar code labels.

Therefore, the company has no option but to adopt RFID technology. The changeover would mean additional investment.

To determine: The ethical issues in the situations and the things should be done by the company.

Expert Solution & Answer

Explanation of Solution

The company can consider the following:

The company can suggest to MM to choose one prominent RFID technology vendor to carry out the conversion for all its suppliers, so that there are not only scale economies which would reduce the cost, but also ensure compatibility with the technological processes of MM.
MM can co-ordinate the work with the vendor for the change-over process.
MM can consider assisting (i) in part funding the additional investment (ii) agreeing to a higher price to make up for the additional investment, (iii) underwrite larger off-take volumes so that the additional cost gets spread out to larger volumes.
The company can aggressively market its products to other customers, so that the production volumes increase significantly and thereby reducing the unit cost.

The ethical dilemma is for MM, as to whether they should invest to gain supplier loyalty or not. MM should obviously help its suppliers with the changeover in technology.

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Answer 4

Question

Chapter 16, Problem 1ED

Summary Introduction

Case summary:

Given that MM is a major customer, the company has to take a decision whether to comply with MM’s stipulation of converting from bar codes to RFID, for the labels on its products. Perhaps MM would have asked all the suppliers to changeover and also would have given a deadline when this changeover would be effective.

Not complying with MM’s stipulation, the company has to face the risk of losing a major customer. Given that RFID technologies are replacing bar code processes, perhaps all customers would sooner than later ask its suppliers to change over to RFID labels as it is a superior technology compared to bar code labels.

Therefore, the company has no option but to adopt RFID technology. The changeover would mean additional investment.

To determine: The ethical issues in the situations and the things should be done by the company.

Expert Solution & Answer

Explanation of Solution

The company can consider the following:

The company can suggest to MM to choose one prominent RFID technology vendor to carry out the conversion for all its suppliers, so that there are not only scale economies which would reduce the cost, but also ensure compatibility with the technological processes of MM.
MM can co-ordinate the work with the vendor for the change-over process.
MM can consider assisting (i) in part funding the additional investment (ii) agreeing to a higher price to make up for the additional investment, (iii) underwrite larger off-take volumes so that the additional cost gets spread out to larger volumes.
The company can aggressively market its products to other customers, so that the production volumes increase significantly and thereby reducing the unit cost.

The ethical dilemma is for MM, as to whether they should invest to gain supplier loyalty or not. MM should obviously help its suppliers with the changeover in technology.

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Answer 5

Chapter 16, Problem 1ED

Summary Introduction

Case summary:

Given that MM is a major customer, the company has to take a decision whether to comply with MM’s stipulation of converting from bar codes to RFID, for the labels on its products. Perhaps MM would have asked all the suppliers to changeover and also would have given a deadline when this changeover would be effective.

Not complying with MM’s stipulation, the company has to face the risk of losing a major customer. Given that RFID technologies are replacing bar code processes, perhaps all customers would sooner than later ask its suppliers to change over to RFID labels as it is a superior technology compared to bar code labels.

Therefore, the company has no option but to adopt RFID technology. The changeover would mean additional investment.

To determine: The ethical issues in the situations and the things should be done by the company.

Expert Solution & Answer

Explanation of Solution

The company can consider the following:

The company can suggest to MM to choose one prominent RFID technology vendor to carry out the conversion for all its suppliers, so that there are not only scale economies which would reduce the cost, but also ensure compatibility with the technological processes of MM.
MM can co-ordinate the work with the vendor for the change-over process.
MM can consider assisting (i) in part funding the additional investment (ii) agreeing to a higher price to make up for the additional investment, (iii) underwrite larger off-take volumes so that the additional cost gets spread out to larger volumes.
The company can aggressively market its products to other customers, so that the production volumes increase significantly and thereby reducing the unit cost.

The ethical dilemma is for MM, as to whether they should invest to gain supplier loyalty or not. MM should obviously help its suppliers with the changeover in technology.

Answer 6

Chapter 16, Problem 1ED

Summary Introduction

Case summary:

Given that MM is a major customer, the company has to take a decision whether to comply with MM’s stipulation of converting from bar codes to RFID, for the labels on its products. Perhaps MM would have asked all the suppliers to changeover and also would have given a deadline when this changeover would be effective.

Not complying with MM’s stipulation, the company has to face the risk of losing a major customer. Given that RFID technologies are replacing bar code processes, perhaps all customers would sooner than later ask its suppliers to change over to RFID labels as it is a superior technology compared to bar code labels.

Therefore, the company has no option but to adopt RFID technology. The changeover would mean additional investment.

To determine: The ethical issues in the situations and the things should be done by the company.

Expert Solution & Answer

Explanation of Solution

The company can consider the following:

The company can suggest to MM to choose one prominent RFID technology vendor to carry out the conversion for all its suppliers, so that there are not only scale economies which would reduce the cost, but also ensure compatibility with the technological processes of MM.
MM can co-ordinate the work with the vendor for the change-over process.
MM can consider assisting (i) in part funding the additional investment (ii) agreeing to a higher price to make up for the additional investment, (iii) underwrite larger off-take volumes so that the additional cost gets spread out to larger volumes.
The company can aggressively market its products to other customers, so that the production volumes increase significantly and thereby reducing the unit cost.

The ethical dilemma is for MM, as to whether they should invest to gain supplier loyalty or not. MM should obviously help its suppliers with the changeover in technology.

Answer 7

Chapter 16, Problem 1ED

Summary Introduction

Case summary:

Given that MM is a major customer, the company has to take a decision whether to comply with MM’s stipulation of converting from bar codes to RFID, for the labels on its products. Perhaps MM would have asked all the suppliers to changeover and also would have given a deadline when this changeover would be effective.

Not complying with MM’s stipulation, the company has to face the risk of losing a major customer. Given that RFID technologies are replacing bar code processes, perhaps all customers would sooner than later ask its suppliers to change over to RFID labels as it is a superior technology compared to bar code labels.

Therefore, the company has no option but to adopt RFID technology. The changeover would mean additional investment.

To determine: The ethical issues in the situations and the things should be done by the company.

Answer 8

Expert Solution & Answer

Explanation of Solution

The company can consider the following:

The company can suggest to MM to choose one prominent RFID technology vendor to carry out the conversion for all its suppliers, so that there are not only scale economies which would reduce the cost, but also ensure compatibility with the technological processes of MM.
MM can co-ordinate the work with the vendor for the change-over process.
MM can consider assisting (i) in part funding the additional investment (ii) agreeing to a higher price to make up for the additional investment, (iii) underwrite larger off-take volumes so that the additional cost gets spread out to larger volumes.
The company can aggressively market its products to other customers, so that the production volumes increase significantly and thereby reducing the unit cost.

The ethical dilemma is for MM, as to whether they should invest to gain supplier loyalty or not. MM should obviously help its suppliers with the changeover in technology.

Answer 9

Expert Solution & Answer

Answer 10

Expert Solution & Answer

Answer 11

Ch. 16 - Prob. 1ED Ch. 16 - Prob. 1DQ Ch. 16 - Prob. 2DQ Ch. 16 - Prob. 3DQ Ch. 16 - Prob. 4DQ Ch. 16 - Prob. 5DQ Ch. 16 - Prob. 6DQ Ch. 16 - Prob. 7DQ Ch. 16 - Prob. 8DQ Ch. 16 - Prob. 9DQ

Explanation of Solution

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