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 the car and provides online color choosing facility to its customer. The robots are more efficient in producing the production and cost efficitive to the company.
To discuss: The importance of the quantity control process throughout the production rather than to evaluate at the end of the production cycle.
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Understanding Business
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- A manufacturer of high quality running shoes has decided to move production to another country to save $.50 per pair in labour costs. With the move, the manufacturer may face issues involving working conditions, raw materials and/or the environment. State if you agree or not then justify your reasoning.arrow_forwardWith rapid development in artificial intelligence (AI) and robotics technology, automation is at a tipping point. Today, robots can perform a slew of functions without considerable human intervention. In a report you are required to critique the benefits of warehouse automation and warehouse robotics technology in relation to the extract above.arrow_forwardDiscuss 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_forward
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