Complete Problem 1 from the end of Chapter 2: You have just graduated from college and are looking to buy your first car. Money is tight right now, so you are concerned with initial cost as well as ongoing expenses. At the same time, you don’t want to drive a slow, ugly car like your parents do. You have narrowed your choices down to two vehicles: a Honda Enigma and a Bizzarini Booster. Based on the rankings in the table (found under Chapter 2, Problem 1 in the textbook), calculate the value index for each car. Which car provides you with the greatest value? Use formulas to calculate the answer to one decimal point.
Required Resources
Text
Bozarth, C. C., & Handfield, R. B. (2016). Introduction to operations and supply chain management (4th ed.). Upper Saddle River, NJ: Pearson.
Chapter 1: Introduction to operations and supply chain management
Chapter 2: Operations and supply chain strategies
Chapter 4: Business processes
Chapter 5: Managing quality
Articles
Evans, M. (2014, February 27). Trickle of jobs returning to U.S. shores could soon become a torrent (Links to an external site.). Forbes. Retrieved from http://www.forbes.com/sites/allbusiness/2014/02/27/trickle-of-jobs-returning-to-u-s-shores-could-soon-become-a-torrent/
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Mullich, J. (2013, July 12). The benefits of outsourcing finance and accounting (Links to an external site.). Forbes. Retrieved from http://www.forbes.com/sites/xerox/2013/07/12/the-benefits-of-outsourcing-finance-and-accounting/
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Website
SAP Industry Solutions (Links to an external site.). (http://go.sap.com/index.html)
This website provides information on Enterprise Resource Planning (ERP) systems for various industries. It supports the ERP solutions discussion for this week.
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