For Ford to designate a supplier as Q 1 its highest
For Ford to designate a supplier as Q-1 (its highest designation), Ford requires that the supplier have a Cp equal to 1.33. Currently your firm has Cp = 1. What must you do to increase your Cp to 1.33? Be as specific as possible.
For Ford to designate a supplier as Q 1 its highest
A tool and die press that stamps out cams used
A tool and die press that stamps out cams used in small gasoline engines tends to break down once every five hours. The machine can be repaired and put back on line quickly, but each such incident costs $50. What is the probability that maintenance expenses for the press will be no more than $100 on a typical eight-hour workday?
A tool and die press that stamps out cams used
Attached Internal environmental key internal factors that have implications for successful implementation of your organization’s strategy and goals/objectives. Submit your work in your assignment folder in the form of an approximate 2,000-word double-spaced APA-formatted paper. The title page, reference list, and any appendices are not included in this. Your paper should address these topics:
- Given the company’s Vision, Mission and Objectives (VMO), identify the company’s core competencies and assess which ones are rare, costly, or not easily imitated. Discuss how they are related to and critical to the VMO execution.
- Present a summary of your organization’s strengths and weaknesses. Submit the SWOT format in Table form and add in some narrative to discuss the strengths and weaknesses in more detail. Explain in your discussion (not in the table) why you selected them and how they relate to the VMO and organization strategy. (Note: You will have an opportunity to complete a full SWOT analysis, including threats and opportunities, as part of your week 6 paper.). You might find this resource helpful:
- Apply the Resource-Based View (RBV) to help you identify both the tangible and intangible assets your organization may be able to use to accomplish its intended strategies. You can list them in a table form and then follow with a discussion of the assets, why you selected them and how they relate to the VMO and strategy.
- Consider and discuss the things that may make your organization’s resources and capabilities difficult for others to imitate. Use Value Chain Analysis to help you deepen your understanding of the relative value of the resources and capabilities you have identified. Seek objective and independently verifiable evidence of potential rarity of the resources and capabilities. IMPORTANT: Do not just use someone else’s SWOT or other analysis. We want you to think for yourself. Critically analyse your firm and write about your original conclusions. Imagine you have been asked by the organization’s CEO or top leader to offer an assessment of the organization and how well it is positioned (or not) to deliver on the VMO and strategy. This is a critical element, stand back and offer thoughtful criticism and recommendations.
Add in a strong conclusion that ensures the reader leaves your paper with a clear recap of your key points. (15%)
A supplier to Toyota stamps out parts using a press. Changing a part type requires the supplier to change the die on the press. This changeover currently takes four hours. The supplier estimates that each hour spent on the changeover costs $ 250. Demand for parts is 1,000 per month. Each part costs the supplier $ 100, and the supplier incurs an annual holding cost of 25%. a. Determine the optimal production batch size for the supplier. b. Toyota would like the supplier to reduce their batch size by a factor of four; that is, if the supplier currently produces Q parts per batch, Toyota would like them to produce Q/ 4 parts per batch. What should the supplier do in order to achieve this result?
- the videos are on this link for you to watch: https://youtu.be/GNXYI10Po6A; https://www.youtube.com/watch?v=-KN81_oYl1s.
Case 5 (Group case) Ace, Inc. Ace, Inc., a US company, has been approached by Larson Group, a company from Pakistan, to explore the possibility of a joint venture in Pakistan to produce widgets. Ace is currently exporting 100,000 widgets a year to Pakistan? importer SS Import-Export Co. at 5,000 Pakistan rupees (PKR) each. The spot exchange rate is 100 PKR per $1. Currently, each widget costs Ace $30 to produce and ship to Pakistan. However, the current import agreement Ace has obtained from the Pakistani government is scheduled to expire. Ace estimates that joint venture sales in Pakistan will be 105,000 widgets the first year of operations, increasing 5% annually thereafter. Production of widgets requires the construction of a plant in Pakistan which, at the prevailing spot exchange rate, has an immediate cost of $6,000,000 to be equally shared by the two firms. The plant could be depreciated on a straight-line basis over 8 years. In addition, it is estimated that at the prevailing spot exchange rate each partner must contribute $500,000 of net working capital right away to launch the joint venture. The total cost of production in Pakistan is currently estimated to be 2,300 PKR per widget and is expected to remain unchanged over the following five years. Part of this cost is for components produced by Ace in the US, at a cost of $5, and then supplied to the joint venture plant in Pakistan at $7 per widget. SS Import-Export has agreed to buy the widgets produced in Pakistan over the next five years at the same price it currently pays to import them from the US. The applicable tax rate in Pakistan, and in the US, is 35%. After five years of operations, Ace will pull out of the joint venture and in return it will recover in full its investment in net working capital and it will also sell its share of the plant to Larson for an amount equal to 110% of its share of the plant’s book value at that time. To promote investment by US firms in Pakistan, the US government has agreed that the sale of Ace’s share of the plant to Larson five years from now has no tax implications. In addition, the Pakistani government has agreed that at the end of each of the five years of operations, Ace may remit its share of the joint venture’s net cash flows to the US at the prevailing exchange rate. You are in charge of evaluating the joint venture for Ace. You believe that projects similar to that in the joint venture would require a 12% rate of return if undertaken in the US. Further, your assistant has provided the following input about the projected inflation rates over the next five years: Year 1 2 3 4 5 US 1% 1% 2% 2% 2% Pakistan 3% 4% 6% 6% 6% 1. What would be your recommendation to Ace? Make sure you provide calculations using the “foreign country approach” and the “home country approach” and explain to the management of the two partner firms what the dollar denominated NPV of the joint venture to Ace is under each of these two approaches. (Note: To enable comparisons across students, please explain in detail your calculations for t = 2, as well as for any special, one time, items you encounter at t = 0 and t = 5 in your analysis.) This case is only for use by students in the Spring 2019 FIN419 AE course. You may not share with others or disseminate this case in any form or way. 2. Assume that Ace decides to enter in the joint venture. However, Ace has only $1,500,000 in cash available for investment in the project. Hence, Ace wants to get a two-year dollar denominated loan now from its US bank at 10% annual interest rate against its share of the joint venture’s first- and second-year net cash flows. How much would Ace be able to borrow if it enters in to a forward contract at 102.5 PKR per $1? Would the total of the loan and the cash currently available enable Ace to proceed with the project? 3. Assume Ace enters in the joint venture and Bank of Khyber, a Pakistani bank, offers to remit all future net cash flows to Ace at the fixed exchange rate of 110 PKR per $1 for a $20,000 fee payable immediately. Would you recommend that Ace accepts this offer or not? 4. What are the additional risks Ace faces by stepping into an international joint venture with Larson Group as opposed to having a similar domestic joint venture with a US firm? Have you accounted for any of these risks in your evaluation of the joint venture of Ace with Larson Group? If yes, how?
Complete an analysis of the key internal factors that have implications for successful implementation of your organization’s strategy and goals/objectives. Submit your work in your assignment folder in the form of an approximate 2,000-word double-spaced APA-formatted paper. The title page, reference list, and any appendices are not included in this suggested word count. You do not need to include an abstract.
A supplier to Ford stamps out parts using a press. Changing a part type requires the supplier to change the die on the press. This changeover currently takes four hours. The supplier estimates that each hour spent on the changeover costs $250. Demand for parts is 1,000 per month. Each part costs the supplier $100, and the supplier incurs an annual holding cost of 25%.
Ford would like the supplier to reduce their batch size by a factor of four; that is, if the supplier currently produces Q parts per batch, Toyota would like them to produce Q/4 parts per batch. Based on what the supplier should modify in order to achieve this result, what must this correctly chosen value (C, H, R, or S) be in order to reduce the batch size by a factor of 4: