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Figure 2.12 Tesla motors currently has three different models available in Canada; the Model S and the Model 3 (both coupes) and the Model X (an SUV) .Figure 2.12 shows changes to its production possibilities frontier in response to new developments and different strategic production decisions.
Alt text for Figure 2.12: In figure 2.12, 3 graphs, A, B and C show changes to Tesla motors' production possibilities frontier.
Long description for Figure 2.12: Graph A: The x-axis is labelled, S U Vs, and the y-axis is labelled, coupes.2 convex curves begin from the same point near the top of the y-axis.The curves diverge.The first curve ends a little more than half-way along the x-axis.The point E is plotted a little more than half-way along the curve.The second curve ends further along the x-axis, near the end of the axis.The point F is plotted a little more than half-way along the curve.Graph B: The x-axis is labelled, S U Vs, and the y-axis is labelled, coupes.2 convex curves are shown.The first curve begins approximately 3 fifths of the way up the y-axis and finishes a little more than half way along the x-axis.Point G is plotted a little more than half-way along the curve.The second curve begins near the end of the y-axis, and ends close to the end of the x-axis.Point J is plotted is little more than 1 third of the way along the curve, and point H is plotted 3 quarters of the way along the curve.
-Refer to Figure 2.12. Suppose Tesla has to shut down a portion of its facility as it works on remodelling the facility to merge two of its separate assembly lines in preparation for the production of a new model called a "minibus".The production decision to shut down temporarily will result in a
Japanese Approach
The Japanese Approach often refers to business or management practices that emphasize consensus-building, quality control, and a strong work ethic, characteristic of Japanese culture.
Change Process
Change Process involves the steps or stages undertaken to move an individual, group, or organization from a current state to a desired future state, encompassing planning, implementation, and consolidation.
Kaizen
Literally, “to become good through change.” The concept of kaizen is one of restructuring and organizing every aspect of a system to ensure optimal efficiency.
Business Productivity
Measures how efficiently a company converts its resources into goods and services, directly impacting profitability and growth.
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