How would you estimate the cost of improvements?
Supply Chain Improvement
1) Please read the articles and watch the videos (see links below). https://insideevs.com/news/350057/video-reasons-tesla-acquired-maxwell-technologies/
- https://insideevs.com/news/378928/tesla-new-battery-line-cost-savings/
- https://www.cnbc.com/2021/10/20/tesla-switching-to-lfp-batteries-in-all-standard-range-cars.html
2) Write 4 pages about: (See the notes for the cost/benefit analysis)
THE NOTES/NUMBERS at the end of these instructions MUST be added to the writing.
- Performance improvement AND to invest to make that change.
- How would you estimate the cost of improvements?
- Reduction in lead time
- Improved part quality
- Any carrying cost savings
- Effect on manufacturing
- Effect on inventory
- Effect on Logistics
- Effect on production demand
- How would you estimate the benefits? (See the notes for the cost/benefit analysis)
- Cost vs Benefit Analysis
3) Cite MLA style
- Please note that this is a TEAM project. Some of my team members have already worked on their parts; therefore, I need to complete mine. See their parts below, so you have an idea of what we are doing.
- I added my notes for the project at the end; please include them in the writing.
The improvements are: changing raw materials and increasing production by 4x
