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The document discusses objectives and considerations around organizing materials and machinery, inventory management with a just-in-time approach, and a production cycle of approximately 81 hours from raw materials to final product. It also mentions assessing technological requirements, the ability to innovate, and performing a total cost of ownership analysis.

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0% found this document useful (0 votes)
31 views2 pages

2

The document discusses objectives and considerations around organizing materials and machinery, inventory management with a just-in-time approach, and a production cycle of approximately 81 hours from raw materials to final product. It also mentions assessing technological requirements, the ability to innovate, and performing a total cost of ownership analysis.

Uploaded by

indra
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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cape: Consider the competitive landscape.

If competitors are successfully


outsourcing similar products, it might be an indication that outsourcing is a
viable option.
Technology and Innovation:
Material and Machinery Arrangement:

Objective: The goal is to organize materials and machinery in a way that minimizes
the need for explicit orders or instructions.
Simplified Operations:

Objective: The operations are designed to be straightforward and efficient, aiming


to reduce complexity and avoid unnecessary orders.
Inventory Management:

Finished Inventory: Material and Machinery Arrangement:

Objective: The goal is to organize materials and machinery in a way that minimizes
the need for explicit orders or instructions.
Simplified Operations:

Objective: The operations are designed to be straightforward and efficient, aiming


to reduce complexity and avoid unnecessary orders.
Inventory ManagemeMaterial and Machinery Arrangement:

Objective: The goal is to organize materials and machinery in a way that minimizes
the need for explicit orders or instructions.
Simplified Operations:

Objective: The operations are designed to be straightforward and efficient, aiming


to reduce complexity and avoid unnecessary orders.
Inventory Management:

Finished Inventory: Finished products are in transit, suggesting a just-in-time


approach where goods are produced as needed and shipped immediately.
Raw Material Inventory: Similar to finished products, raw materials are also in
transit, indicating a focus on minimizing on-site inventory.
Production Cycle:

Timeframe: The production cycle from mining raw materials to creating the final
product (in this case, an automobile) takes approximately eighty-one hours.
Efficiency: This short production cycle implies a quick and efficient manufacturing
process, which aligns with the just-in-time approach.nt:

Finished Inventory: Finished products are in transit, suggesting a just-in-time


approach where goods are produced as needed and shipped immediately.
Raw Material Inventory: Similar to finished products, raw materials are also in
transit, indicating a focus on minimizing on-site inventory.
Production Cycle:

Timeframe: The production cycle from mining raw materials to creating the final
product (in this case, an automobile) takes approximately eighty-one hours.
Efficiency: This short production cycle implies a quick and efficient manufacturing
process, which aligns with the just-in-time approach.Finished products are in
transit, suggesting a just-in-time approach where goods are produced as needed and
shipped immediately.
Raw Material Inventory: Similar to finished products, raw materials are also in
transit, indicating a focus on minimizing on-site inventory.
Production Cycle:
Timeframe: The production cycle from mining raw materials to creating the final
product (in this case, an automobile) takes approximately eighty-one hours.
Efficiency: This short production cycle implies a quick and efficient manufacturing
process, which aligns with the just-in-time approach.
Technological Requirements: Assess whether the production process requires
specialized technology or skills. In some cases, outsourcing may provide access to
advanced technologies.
Innovation: Consider whether outsourcing might limit the company's ability to
innovate in the long term. In-house production may offer more control over the
innovation process.
Total Cost of Ownership (TCO):

Comprehensive Analysis: Calculate the total cost of ownership for both options,
taking into account not only direct costs but also indirect costs, such as quality
control, transportation, and communication.
Strategic Alignment:

Strategic Objectives: Ensure that the chosen option aligns with the company's
overall strategic objectives and goals.

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