Course: Production and Operations Management

Code: BADB3013

Kindly provide 10 points with the explanation

1.Toyota Motor Corporation is one of the largest vehicle manufacturers in the world, which has $246 billion in annual sales. Discuss FIVE (5) elements of lean systems that can shape up Toyota's Lean organization in making the organization as the market leader in the automobile industry.

\2. Toyota is a renowned car producer and one of the Top 10 best seller car in Malaysia

Explain the FOUR (4) lean techniques that work in both manufacturing and services sector which can be applied to Toyota company.

3. Strategies of operations must be aligned with the overall business and its environment

Suggests FIVE (5) strategies methods for Toyota to stay competitive in the automobile industry.

4. With relation to the case study, Toyota had sustained their competitive edge due to effective inventory management.

a) Explain the FIVE (5) the inventory model that helps Toyota to be inventory cost efficient.

b) Toyota is trying to reduce inventory and wants the manager to install a kanban system for a compressor on one of its assembly lines. Determine the size of the kanban and the number of kanbans (containers) needed.

Set up cost = $10

Daily production = 200 compressors

Annual holding cost per compressor = $100

Lead time = 3 days

Annual usage = 25,000 (50 weeks x 5 days each x daily usage of 100 compressors)

Safety stock = day's production of compressors

5. Toyota purchases transistors each year as components in its electronic dashboards

The unit cost of each transistor is $10, and the cost of carrying one transistor in inventory for a is $3. Ordering cost is $30 per order.

a) What are (a) the optimal order quantity

b) The expected number of orders places each year

c) The expected time between orders

6. Annual demand for Toyota is air filter spare parts is 10,000 units. Toyota operates its business 300 days per year and finds that deliveries from its supplier generally take 5 working days. Calculate the reorder point for the air filter.

Source : https://hbr.org/2022/11/what-really-makes-toyotas-production-system-resilient