Loose-leaf for Operations Management (The Mcgraw-hill Series in Operations and Decision Sciences)
12th Edition
ISBN: 9781259580093
Author: William J Stevenson
Publisher: McGraw-Hill Education
expand_more
expand_more
format_list_bulleted
Question
Chapter 2.7, Problem 2.1RQ
Summary Introduction
Summary:
The tomato growers in country N have high competitive edge over their competitors in country I and G. They use computerized, climate-controlled greenhouses which help them to control the humidity and nutrition and allow them to produce their own crops.
The growers in country I and G use outdoor unheated greenhouses while the growers in country D with their technique manage to grow ten times of the yield than growers in country D and G. The supply chains in country D integrate with the local market to match the supply and demand which allows the farmer to produce crops in large quantities.
To determine: The factors which enabled tomato growers in country D to attain higher productivity than tomato growers in country I and G.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
Tomato growers in the Netherlands have a huge productivity advantage over their competitors in Italy and Greece. Although those countries are sun drenched while the Netherlands are anything but, computerized, climate-controlled greenhouses, and a "soil" spun from basalt and chalk that resembles cotton candy, allows for precise control of humidity and nutrition, and enables growers to produce their crops year around. Growers in Italy and Greece generally grow their crops outdoors or in unheated greenhouses, and can only manage two crops a year. Dutch growers are able to achieve yields that are about ten times per square yard of those of Italian and Greek growers. And the Dutch have a supply chain advantage: an integrated Dutch trading company works closely with supermarket chains in Europe and suppliers around the world, so farmers are able to sell their output in high volume, rather than locally the way many farmers in other countries do. That enables Dutch growers to more closely…
The Energy Tech Company is considering making a bid for a fuel processing contract from the Uganda government. Energy Tech's CEO decided to bid $112 million. The management team estimates that it has a 60% chance of winning the contract with this bid amount.
If the company wins the contract, it can choose one of three methods for processing the fuel. The company can develop a new method to process the fuel, use the existing process, though inefficient, or to subcontract the processing to a number of smaller companies once they get the fuel.
The following tables present the results of these alternatives:
DEVELOP NEW PROCESS
Outcomes
Probability
Profit in ($1,000,000s)
High success
0.30
$600
Moderate success
0.60
$300
Failure
0.10
($100)
USE CURRENT, BUT INEFFICIENT PROCESS:
Outcomes
Probability
Profit ($1,000,000s)
High success
0.50
$300
Moderate success
0.30
$200
Failure
0.20
($40)
SUBCONTRACT:
Outcome…
Intercontinental hotel has over 200 hotels in 75 countries. Intercontinental is known for its luxurious rooms and buildings and for the high quality of its staff training. The hotels are not the standardized, but they reflect local styles and circumstances. For example, the Intercontinental in Lusaka, Zambia has a dinning room which is open to the gardens and swimming pool on one side so the guests effectively eat in the open air. This would obviously be impossible in a colder climate, but guests enjoy the tropical atmosphere and the hotel is often used for business meetings as a result. Intercontinental provides up-market accommodation for international travelers. The bulk of the guests are business people so the hotels provide excellent business facilities, including meeting rooms, conference centers, secretarial services, fax machines, internet facilities and a concierge desk. For people staying at these hotels, cost is very much less important than the level of service comfort. A…
Chapter 2 Solutions
Loose-leaf for Operations Management (The Mcgraw-hill Series in Operations and Decision Sciences)
Ch. 2.7 - Prob. 1.1RQCh. 2.7 - Prob. 1.2RQCh. 2.7 - Prob. 1.3RQCh. 2.7 - Prob. 2.1RQCh. 2.7 - Prob. 2.2RQCh. 2 - Prob. 1DRQCh. 2 - List the key ways that organizations compete.Ch. 2 - Prob. 3DRQCh. 2 - Prob. 4DRQCh. 2 - Prob. 5DRQ
Ch. 2 - Contrast the terms strategies and tactics.Ch. 2 - Contrast Organization and operations strategy.Ch. 2 - Prob. 8DRQCh. 2 - Prob. 9DRQCh. 2 - Prob. 10DRQCh. 2 - Prob. 11DRQCh. 2 - Prob. 12DRQCh. 2 - Prob. 13DRQCh. 2 - Prob. 14DRQCh. 2 - Prob. 15DRQCh. 2 - Who needs to be involved in formulating...Ch. 2 - Prob. 2TSCh. 2 - Prob. 3TSCh. 2 - Prob. 1CTECh. 2 - Prob. 2CTECh. 2 - Prob. 3CTECh. 2 - Prob. 4CTECh. 2 - Prob. 5CTECh. 2 - Prob. 1PCh. 2 - Prob. 2PCh. 2 - Prob. 3PCh. 2 - Prob. 4PCh. 2 - Prob. 5PCh. 2 - Prob. 6PCh. 2 - Prob. 7PCh. 2 - Prob. 8PCh. 2 - A company offers ID theft protection wing leads...Ch. 2 - Prob. 1.1CQCh. 2 - Prob. 1.2CQCh. 2 - Prob. 1.3CQCh. 2 - Prob. 2.1CQCh. 2 - Prob. 2.2CQCh. 2 - Prob. 2.3CQCh. 2 - Prob. 2.4CQCh. 2 - Prob. 2.5CQCh. 2 - Prob. 2.6CQCh. 2 - Prob. 2.7CQCh. 2 - Prob. 3.1CQCh. 2 - Prob. 3.2CQCh. 2 - Prob. 3.3CQCh. 2 - Prob. 3.4CQCh. 2 - Prob. 3.5CQCh. 2 - Prob. 4.1CQCh. 2 - Prob. 4.2CQCh. 2 - Prob. 4.3CQCh. 2 - Prob. 1OTQCh. 2 - Prob. 2OTQCh. 2 - Prob. 3OTQCh. 2 - Prob. 4OTQCh. 2 - Prob. 5OTQCh. 2 - Prob. 6OTQCh. 2 - Prob. 7OTQ
Knowledge Booster
Similar questions
- The F Company Consists Of Automobile Engine , Marine And Aerospace Businesses. It Has Built Its Global Reputation For Engine Design And Quality On Its Engineering Capability. Though The Marine Engine Business Has Not Been Performing Well For Sometime, The F Company Has Dominated The Supply Of Engines For The Luxury End Of The Automobile Market For Years. The F company consists of automobile engine , marine and aerospace businesses. it has built its global reputation for engine design and quality on its engineering capability. though the marine engine business has not been performing well for sometime, the F company has dominated the supply of engines for the luxury end of the automobile market for years. unfortunately for the F company, however, the market in the luxury automobiles is changing. Exchange rate movements and increased productions costs have made the F company less competitive and its rivals are rapidly catching up in terms of engine quality and design. as a result, the…arrow_forwardPlease explain proper steps by Step and Do Not Give Solution In Image Format ? And Fast Answering Please ?arrow_forward: You are employed by Univeristy of Gujrat , a university that provides a range of training and education, including Computing, and Information & Communication Technology (ITC). The Head of Department of ITC, Mr Rumi, has discovered that on more than one occasion recently a computer virus has been introduced to the computers in the department. He thinks that the viruses have been introduced from computer disks brought in by students. He has decided to introduce a system where all disks used in the department must be checked for a virus before they can be put into the computers. He says to you, I would like you to send a memo in my name to all teachers who use the computer rooms. You will have to tell them that all disks brought in by students must be checked before there are used. The teachers have to check them carefully, of course. We have got to stop these viruses being introduced before they cause serious problems. Oh yes, reminds them to lock up the rooms when they leave.…arrow_forward
- You are the Human Resource Officer for Hindi Mines in Luanshya.The company’s branch in Luanshya is due for closure in 6 months time due to lack of mining viability in the area. This will affect a total workforce of 120 unionised employees, some of whom have worked for the company for 12 years. However, some vacancies will be created at the new mine to be opened near Kabwe where some employees could be transferred.The Managing Director has written to you seeking your advice and wants you to prepare a document for the Board of Directors as to the process to be undertaken and the legal requirements under Zambian Law.arrow_forwardA company plans to manufacture a product and sell it for $3.00 per unit. Equipment to manufacture the product will cost $250,000 and will have a net salvage value of $12,000 at the end of its estimated economic life of 15 years. The equipment can manufacture up to 2,000,000 units per year. Direct labour costs are $o.25 per unit, direct material costs are $0.85 per unit, variable administrative and selling expenses are $0.25 per unit, and fixed overhead costs are $200,000. What is the number of units that the company must manufacture in order to breakeven?arrow_forwardHajkowicz et al. (2012c) stated, in their study titled "Rising Food Prices, Food Security, and Farming in Rural Areas of Developing Countries analyze the impact of rising food prices on rural farming communities in developing countries. The study highlights how small-scale farmers in these regions face significant challenges in accessing inputs, credit, and technology, which can limit their ability to respond to rising food prices. The authors suggest that interventions to improve productivity, market access, and resilience can help rural farmers overcome these challenges and ensure food security. 1. Based on the passage above give a short explanation of what the passage intends for the reader?arrow_forward
- Aquaculture is the growing of fish, shrimp, and other seafood in enclosed cages or ponds. The cages and ponds not only keep the seafood from swimming away but also provide aquaculturalists with strong property rights over their animals. Does this provide a good incentive for low-cost production as compared with fishing in the open seas where there are few if any property rights?arrow_forwardOverview: Medtriox Industries produces medical devices. The company is privately owned and is headquartered in Rockford, IL. The firm is comprised of 150 people at their headquarters facility, and 500 at their manufacturing facility in Aurora, IL. Since year 2000, the company has produced different types of portable medical devices to support military and relief efforts. Since then, the company has sold their products to agencies, institutions, and health service providers in the U.S. Their new product, the Ambulet 1000, has seen tremendous growth. It is a portable compact blood analyzer which can also perform other types of lab analysis functions in the field. Last year, it generated a profit of $4.5 million with an annual expected future demand growth of 10%. The product list price is $2500 with a cost of goods sold (COGS) of about $700. The firm plans to increase the production throughput of its manufacturing facility using automation and improving its overall supply chain…arrow_forwardOverview: Medtriox Industries produces medical devices. The company is privately owned and is headquartered in Rockford, IL. The firm is comprised of 150 people at their headquarters facility, and 500 at their manufacturing facility in Aurora, IL. Since year 2000, the company has produced different types of portable medical devices to support military and relief efforts. Since then, the company has sold their products to agencies, institutions, and health service providers in the U.S. Their new product, the Ambulet 1000, has seen tremendous growth. It is a portable compact blood analyzer which can also perform other types of lab analysis functions in the field. Last year, it generated a profit of $4.5 million with an annual expected future demand growth of 10%. The product list price is $2500 with a cost of goods sold (COGS) of about $700. The firm plans to increase the production throughput of its manufacturing facility using automation and improving its overall supply chain…arrow_forward
- Overview: Medtriox Industries produces medical devices. The company is privately owned and is headquartered in Rockford, IL. The firm is comprised of 150 people at their headquarters facility, and 500 at their manufacturing facility in Aurora, IL. Since year 2000, the company has produced different types of portable medical devices to support military and relief efforts. Since then, the company has sold their products to agencies, institutions, and health service providers in the U.S. Their new product, the Ambulet 1000, has seen tremendous growth. It is a portable compact blood analyzer which can also perform other types of lab analysis functions in the field. Last year, it generated a profit of $4.5 million with an annual expected future demand growth of 10%. The product list price is $2500 with a cost of goods sold (COGS) of about $700. The firm plans to increase the production throughput of its manufacturing facility using automation and improving its overall supply chain…arrow_forwardRead the scenario below and answer the questions that follow: Mahala Spices For 12 years now, the business has been importing spices from all over the world and packaging them in South Africa, to distribute them across the African continent. Although the business has grown significantly over the years, it was only once one of their spice offering was featured in a cooking competition; there was one episode where the contestant, a professional chef, mentioned that she used Mahala Spices in her winning dish for that episode. The judges gave good reviews about the spice enhanced the dish but yet did not disappear from the mix. Due to the show being shown across the world, Mahala Spices started getting orders from all over the world. This increase in volumes forced them to reconsider their supply chain, especially the logistics aspect of it. The business has noted a 7% increase in exports and a 12% increase in the import of ingredients. Q.1.1 Explain any 5 activities to be completed by the…arrow_forwardSouthland Corporation's decision to produce a new line of recreational products resulted in the need to construct either a small plant or a large plant. The best selection of plant size depends on how the marketplace reacts to the new product line. To conduct an analysis, marketing management has decided to view the possible long-run demand as low, medium, or high. The following payoff table shows the projected profit in millions of dollars: Plant Size Small Large Long-Run Demand Low Medium 350 250 400 400 High 400 700 (a) What is the decision to be made, and what is the chance event for Southland's problem?arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Management, Loose-Leaf VersionManagementISBN:9781305969308Author:Richard L. DaftPublisher:South-Western College Pub
Management, Loose-Leaf Version
Management
ISBN:9781305969308
Author:Richard L. Daft
Publisher:South-Western College Pub