Why would a company's costs of manufacturing and procurement tend to increase as the firm changes from a MTP to a MTO strategy? Why would inventory costs tend to decrease?
Answer to relevant QuestionsMany people think of lean systems as being incompatible with mass customization and flexible manufacturing. Why is this conclusion incorrect? Choose a product that is important to you personally. How could a manufacturer implement the critical success factors you identified in the previous question to mass customize the product you selected? The chapter describes a situation where Whirlpool and Lowe’s are collaborating to jointly developing a merchandizing and operations plan. What are the benefits and risks to each organization? What are the challenges to ...Aggregate inventory data suggests that while overall average inventory levels are declining, the relative percentage being held by manufacturers in increasing. Explain why you think this observation is either true or false. ...What is the purpose of freight classification: Does the concept of classification have relevancy given deregulation of transportation?
Post your question