How did the relationship between Honda and Atlantic Tool and Die develop Honda

How did the relationship between honda and atlantic

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7.How did the relationship between Honda and Atlantic Tool and Die develop?8.How has Johnson Controls benefited from its’ relationship with Toyota?9.How does Honda use report cards?10.Despite the low cost wage opportunities presented by Chinese and Indian suppliers Toyota and Honda have not switched suppliers. Why?11.Why does Toyota divide components into two categories?12.Explain the benefits of Honda’s Best Practices program to both Honda Suppliers and Honda.
Below is a list of the items most likely to be tested from the lectures. This list is not necessarily complete, but it is a helpful guide.Introduction to Inventory Lead timeLot sizeSKUShrinkageInventory and types of inventoryRelationship between risk and inventory Purchasing considerationsCosts associated with inventoryInventory Classifications - long-term, seasonal, safety stock, market, pipeline, anticipation Basic Forecasting Models Qualitative and Quantitative forecastingOn your own material:Simple moving average and Weighted moving averageTotal Cost of Inventory and EOQ High vs Low inventory – Benefits, downsides, tradeoffsCycle stockCosts of inventory Be able to discuss, explain, and use the Total Cost Formula.- Formulas, calculations, graphs, etc. The lab exercise and problems are good indications of what the exam might contain.Total cost formula – Know all parts of the formula:
TC= DC+ (Q/2) H + (D/Q) STC= Total Annual Cost of InventoryD= Annual Demand for item- how many sold in a yearC= Cost per unit (for company keeping inventory)-what we pay supplier to buy inventoryH= Annual holding cost per unit-cost to hold one unit of inventory for one year (a lot of cots that come along with this) Ex: tomato perishes over the course of the year=high annual holding cost and lose entire value of tomato-costs moreS=Cost to place a single-order-diff. types of ordersDC=Annual cost to purchase inventory-buy it (Ex: $10,000 water bottles, $1 per bottle, $10,000 for the year)(Q/2) H= Annual holding cost (AHC)- Hold it (average inventory)* annual per unit holding cost(Ex: If I buy 500 at a time, 250 is the average and if it costs 0.25 cents to hold each bottle the holding costs for all the bottles the entire year is found this way.-The bigger the quanitity the bigger the holding cost (order as little as you can to keep down the holding cost)

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