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Consulting has issued a report recommending changes for its newest high tech manufacturing client, Precision Instruments. Precision currently manufactures a single product, a surgical robot
Consulting has issued a report recommending changes for its newest high tech manufacturing client, Precision Instruments. Precision currently manufactures a single product, a surgical robot that is sold and distributed internationally. The report contains the following suggestions for enhancing business performance: LOADING...(Click the icon to view the recommended changes.) Requirement Link each of these changes to the key success factors that are important to managers. Question content area bottom Part 1 Recommended Change Key Success Factor(s) a. Develop a more advanced cutting tool to stay ahead of competitors. Part 2 Recommended Change Key Success Factor(s) b. Adopt a TQM philosophy to reduce waste and defects to near zero. Part 3 Recommended Change Key Success Factor(s) c. Reduce lead times (time from customer order of product to customer receipt of product) by 20% in order to increase customer retention. Part 4 Recommended Change Key Success Factor(s) d. Redesign the robot to use 25% less energy, as part of Vortex's corporate social responsibility objectives. Part 5 Recommended Change Key Success Factor(s) e. Benchmark the company's gross margin percentages against its major competitors
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