Assignment details: New Industry (Electric Vehicle) & Automotive Industry (Current)
1. Analyze Rivalry Among Existing Competitors
Intense competition for market share can limit a company’s profits when diversifying into a new industry. Consider these questions as you describe the rivalry in your company’s existing industry.
* How many competitors currently supply engines for the automotive manufacturing industry?
* What is each competitor’s position? How much of the market share has each one captured?
* Do these companies compete intensely in the automotive industry? If so, do they engage in rivalry and lower prices to gain market share?
* Do companies compete to provide additional services or constant innovation?
Describe the rivalry among your company’s existing competitors (supplying engines to the automotive manufacturing industry).
Examine Conflict Among Current Competitors When expanding into a new industry, a company’s profitability may be constrained by fierce rivalry for market share. As you discuss the competition in the current industry your firm is in, take into account these questions.
How many suppliers of engines are there today for the vehicle manufacturing industry?
Where does each rival stand? What percentage of the market has each one seized?
Do these businesses engage in fierce competition in the automobile sector? If so, do they compete with one another and cut costs to increase their market share?
Do businesses compete to offer more services or to innovate constantly? Describe the competition amongst the current rivals of your business (which provides engines to the car manufacturing industry).
Examine potential threats posed by new competitors Determine if it is simple or difficult for new businesses to start supplying engines to the car manufacturing sector. Then, use the form below to present your conclusions. Always keep the following questions in mind: Are there numerous laws or legal obstacles that businesses must overcome before they can start providing engines to the car manufacturing industry?
Does acquiring the knowledge required to create products or offer services to the market come at a significant cost?
How many businesses are ready to join the automotive sector? Describe the dangers posed by new competitors in the car manufacturing sector.
Examine the Suppliers’ Bargaining Power Analyze the potential influence raw material suppliers may have on pricing increases. Be careful to respond to these inquiries: Are there numerous suppliers, or just a select few, that offer the raw components for your product?
Does supplier competition influence the price of some raw materials? Is it probable that the price of raw materials will increase if one supplier effectively has a monopoly on certain of them? In general, how will supplier negotiating strength impact the price and simplicity of getting the materials required to sell in the automobile industry? Describe the car manufacturing industry’s suppliers’ negotiating position.
Examine the Risk of Replacing Products Analyze the danger posed by replacement items for the car sector. Make sure you respond to the following inquiries:
Are new items in this sector on the horizon that might challenge those already on the market?
What may these rival products be?
Are these potential rival products’ production costs lower than those of the market’s present offerings?
Are these potential rival items superior in other ways?
Could these potential rival items drive your business off the market? Describe the danger posed by alternative items for those made in the automobile sector.
Examine the Buyers’ Bargaining Power The more pressure customers may apply to your business to offer goods and services for less, the less customers you have. As you assess the negotiating capacity of purchasers, take into account the following: The number of organizations or consumer groups that now purchase the engines that your business produces for the automobile manufacturing sector. If there are just a few clients, are they able to exert pressure on the manufacturer to decrease the price of the goods. Exist any groups that allow a sizable consumer base to get together and exert pressure on a company to lower the price of its goods? Describe the buying power of the market in the production of automobiles. Describe the buying power of the market in the production of automobiles.
Read the following article from the Automotive Training Centre.
Automotive Training Centre. (2014, April 8). Understanding the automotive assembly process [Blog post]. http://www.autotrainingcentre.com/blog/understanding-automotive-assembly-process/
Pay particular attention to how the industry applies process strategy to its production.
Write at least a two-page review of the article, and address the points below.
What is the basic theme of the article? How has the use of the assembly line by the industry changed over time? What are some layout impacts of technological breakthroughs? Based on recent trends, how do you see automotive production evolving? The purpose of this assignment is for you to explore how process strategy has evolved in a major industry.
Use APA style to format your article review. Support your responses with concepts from the unit readings and at least one other source. Be sure to reference your sources to document your research. Proofread your work, and then submit your assignment to Blackboard for grading.
You have just been promoted to the position of technical manager of the Lightning Automotive Group who has been tasked with the production of affordable electrical vehicles. The overall goal is to automate as much of the process as possible, which should improve quality and increase production quantities at the same time. This automation will also limit the amount of personnel required in building vehicles.
You have been working with a group of engineers in designing the first generic assembly line and you would like to install a large fleet of Autonomous Mobile Robots to keep all of the required components stocked at the various dispensing locations throughout the plant. The engineers have already identified the assembly line robots that will be welding, assembling and painting the vehicles.
Instructions
In your research, you have noted that Autonomous Mobile Robots have been listed on Gartner’s Hype Cycle for Emerging Technologies for 2018. This has given you confidence in your decision to use them in the assembly line. To acquire the necessary funding for the fleet of Autonomous Mobile Robots, you need to develop a feasibility study containing a SWOT with at least three examples of Strength, Weakness, Opportunities and Threats along with Analysis and an impact statement that addresses the following:
The rationale why LAG needs to adopt and assimilate autonomous mobile robots.
Positive and negative impacts autonomous mobile robots might have on the company’s business operations.
Issues regarding energy, natural resources, pollution, and waste that autonomous mobile robots could create.
Research will need to be conducted to complete this assessment. Be sure to use credible resources, properly integrate resources into your feasibility study, and give proper attribution through citations.
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AutoClick Limited (ACL) operates a used automotive sales garage in Accra with two categories of customers, namely Individual and wholesale Dealers. A whole sale dealer is a term used to describe another used automotive dealer who buys from ACL. All whole sale dealers are offered wholesale dealer discount.
ACL also runs a vehicle trade-in policy whereby an individual customer who owns a vehicle can trade in their vehicle at a negotiated price.
Additionally, ACL add interior extras, such as Paint Touch-up, Undercoat, etc. and exterior extras such as wheel upgrades, new tires, etc., on the request of their customers at an additional cost.
Management requires an application that will manage the sale of its used vehicles. You are tasked to develop this app, create a Visual Basic Application that will take as input for each vehicle its lot number, Make, Model, Year, Millage, Engine Capacity and Price. For each Extra its ID, Name, Type (interior or Exterior) and Price. For output the App will list all the vehicle in the garage, all the interior and exterior extras and generate a receipt for each purchase.
The app must also manage the sales of the vehicles and generate a sales receipt. Thus, a user should be able to search for a specific vehicle using their lot Number and when a vehicle is found the information about vehicle to be purchased will be inserted into a receipt by the click of a button. After the vehicle has been successfully inserted into the receipt, additional interior or/and exterior extras should/can be inserted into the receipt. If available, the trade-in vehicle and its price must also be added to the receipt.
Apart from that, for each receipt, the app must calculate and display their corresponding costs of each inserted item as well as the total cost of the transaction, the total discount granted, the total tax, amount taxable and the payable amount. The user should also be able to remove specific vehicles or extras from the receipt or/and clear all the items from the receipt by selecting them from the receipt and removing them by clicking a button. By clicking on the appropriate buttons the user should be able to save and print the receipt.
Finally, the app should be able to display a brief report in the form of total due for all sales, number of vehicles sold, and average total due per vehicle sold.
Application Use and Special Instructions
The application user will enter the lot numbers that identifies a vehicle, the year, and the vehicle make and model, Millage, Engine Capacity and Price for each vehicle in the garage and for each Extra its ID, Name, Type (interior or Exterior) and Price.
For output the App will list all the vehicle in the garage, all the interior and exterior extras and generate a receipt for each purchase.
Price and Trade-in:
The price for a vehicle is entered as the vehicle information is being entered into the App. If the purchaser has a trade-in vehicle, the value of the trade-in is negotiated and this value is entered into the trade-in portion of the receipt.
If the purchaser does not have a trade-in, then the value “0.00” should display in the trade-in portion.
Discounts:
If the buyer is another car dealership, then the application user will check the wholesale discount checkbox and this will give the purchasing wholesale dealer a 20% discount on the vehicle price only.
Extras:
Sometimes customers wish to have a used vehicle touched-up or have extras added prior to taking possession of the vehicle. Extras are not included in the price and the customer pays extra according to the table given below. For both Interior and Exterior Extras, the None RadioButton control should be checked as the default when the form starts up.
Exterior Extras
Interior Extras
Item
Cost
Item
Cost
No exterior extras
₵0.00
New Tires
₵450.00
Paint Touch-Up
₵250.00
New HD Radio
₵190.95
Undercoat
₵300.00
Built-in GPS
₵700.00
Both
₵550.00
New Floor Mats
₵55.00
Add as many Exterior extras as possible
Add as many interior extras as possible
· After lunching the App, the user will need to enter information about each of the vehicles in the garage. This includes entering the lot numbers that identifies a vehicle, the year, and the vehicle make and model, Millage, Engine Capacity and Price, entering information for each extra including ID, Name, Type (interior or Exterior).
· To conduct a sale the application users selects from among the list of vehicles and extras to add to a receipt. The app must not allow an extra into a receipt until at least one vehicle is inserted. When the a vehicle and extras is inserted into a receipt, the app must calculate:
· Subtotal: use a function to compute this as the price less the amount of discount (if any) plus the cost of extras (if any).
· Sales Tax: Regular customers must pay a state sales tax on their purchase. The tax rate is 5% and is computed on the subtotal. Wholesale dealers purchasing a vehicle do NOT pay any sales tax. This must be computed using a function.
· Total due: This is computed as the subtotal plus the sales tax less the value of the trade-in (if any).
· Constants: You must declare constants to store the wholesale discount rate, sales tax rate, and cost of exterior and accessory extras, as appropriate.
· Add remarks to the program as required.
· Use the Round method as appropriate for calculations.
Programming Events.
a. Validating Data. You must write code to enforce the business rules listed below
i. All data must be converted to the appropriate data type before and after use.
ii. All user inputs must be validate before they are passed to the program. Thus, all data entered into the GUI must first be checked for appropriateness and politely communicate directions to the user in the event the input in not appropriate.
iii. All output must be properly formatted
iv. The right control/object must be used to design the user interface (GUI) for input and output
[10 marks]
b. Compute Button Coding.
i. Compute the wholesale discount using the discount rate when the wholesale discount Checkbox is checked; otherwise, the discount is zero. The discount applies to the price only – extras are charged at the full rate.
ii. Compute the cost of extras (hint: use a local accumulation variable to accumulate both exterior and accessory extra charges).
iii. Compute the subtotal, sales tax, and total due.
iv. Accumulate the grand total due (that is the total of all total due values) to a decimal variable.
v. Accumulate a count of the number of vehicles sold to an integer variable.
vi. Use MenuStrip, ContextMenuStrip, DataGridView, TabControl controls for full marks.
[20 marks]
c. Remove Item from Receipt Button Coding.
i. User selects a specific item from receipt click of button/menuitem/contextmenuitem
ii. Clear that item from the receipt
iii. Update all output textboxes to reflect the new state of the receipt.
[10 marks]
d. Clear Receipt Button Coding.
i. Clear all data from the receipt
ii. All output textboxes must be set to “0.00”).
iii. Uncheck all CheckBox controls.
[5 marks]
e. Print Receipt Button Coding.
When the user click on the Print button/menuitem/contextmenuitem, the app will allow him/her to print out the receipt
[5 marks]
f. Save Receipt Button Coding.
When the user click on the save button/menuitem/contextmenuitem, the app will allow him/her to save the receipt to the computer in either MS word or Excel format.
[5 marks]
g. Totals Button Coding.
Display a message box that gives the total due for all sales, number of vehicles sold, and average total due per vehicle sold.
[10 marks]
h. Exit Button Coding.
When the Button is clicked, do not automatically close the form. Instead, write code to only close the form if the application user responds Yes to the question shown in this figure. The code should default the selection to the No button.
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Enjoy our bonus services. You can make a free inquiry before placing and your order and paying this way, you know just how much you will pay. AutoClick Limited (ACL) operates a used automotive sales garage in Accra with two categories of customers
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AutoClick Limited (ACL) operates a used automotive sales garage in Accra with two categories of customers, namely Individual and wholesale Dealers. A whole sale dealer is a term used to describe another used automotive dealer who buys from ACL. All whole sale dealers are offered wholesale dealer discount.
ACL also runs a vehicle trade-in policy whereby an individual customer who owns a vehicle can trade in their vehicle at a negotiated price.
Additionally, ACL add interior extras, such as Paint Touch-up, Undercoat, etc. and exterior extras such as wheel upgrades, new tires, etc., on the request of their customers at an additional cost.
Management requires an application that will manage the sale of its used vehicles. You are tasked to develop this app, create a Visual Basic Application that will take as input for each vehicle its lot number, Make, Model, Year, Millage, Engine Capacity and Price. For each Extra its ID, Name, Type (interior or Exterior) and Price. For output the App will list all the vehicle in the garage, all the interior and exterior extras and generate a receipt for each purchase.
The app must also manage the sales of the vehicles and generate a sales receipt. Thus, a user should be able to search for a specific vehicle using their lot Number and when a vehicle is found the information about vehicle to be purchased will be inserted into a receipt by the click of a button. After the vehicle has been successfully inserted into the receipt, additional interior or/and exterior extras should/can be inserted into the receipt. If available, the trade-in vehicle and its price must also be added to the receipt.
Apart from that, for each receipt, the app must calculate and display their corresponding costs of each inserted item as well as the total cost of the transaction, the total discount granted, the total tax, amount taxable and the payable amount. The user should also be able to remove specific vehicles or extras from the receipt or/and clear all the items from the receipt by selecting them from the receipt and removing them by clicking a button. By clicking on the appropriate buttons the user should be able to save and print the receipt.
Finally, the app should be able to display a brief report in the form of total due for all sales, number of vehicles sold, and average total due per vehicle sold.
Application Use and Special Instructions
The application user will enter the lot numbers that identifies a vehicle, the year, and the vehicle make and model, Millage, Engine Capacity and Price for each vehicle in the garage and for each Extra its ID, Name, Type (interior or Exterior) and Price.
For output the App will list all the vehicle in the garage, all the interior and exterior extras and generate a receipt for each purchase.
Price and Trade-in:
The price for a vehicle is entered as the vehicle information is being entered into the App. If the purchaser has a trade-in vehicle, the value of the trade-in is negotiated and this value is entered into the trade-in portion of the receipt.
If the purchaser does not have a trade-in, then the value “0.00” should display in the trade-in portion.
Discounts:
If the buyer is another car dealership, then the application user will check the wholesale discount checkbox and this will give the purchasing wholesale dealer a 20% discount on the vehicle price only.
Extras:
Sometimes customers wish to have a used vehicle touched-up or have extras added prior to taking possession of the vehicle. Extras are not included in the price and the customer pays extra according to the table given below. For both Interior and Exterior Extras, the None RadioButton control should be checked as the default when the form starts up.
Exterior Extras Interior Extras
Item Cost Item Cost
No exterior extras ₵0.00 New Tires ₵450.00
Paint Touch-Up ₵250.00 New HD Radio ₵190.95
Undercoat ₵300.00 Built-in GPS ₵700.00
Both ₵550.00 New Floor Mats ₵55.00
Add as many Exterior extras as possible Add as many interior extras as possible
• After lunching the App, the user will need to enter information about each of the vehicles in the garage. This includes entering the lot numbers that identifies a vehicle, the year, and the vehicle make and model, Millage, Engine Capacity and Price, entering information for each extra including ID, Name, Type (interior or Exterior).
• To conduct a sale the application users selects from among the list of vehicles and extras to add to a receipt. The app must not allow an extra into a receipt until at least one vehicle is inserted. When the a vehicle and extras is inserted into a receipt, the app must calculate:
• Subtotal: use a function to compute this as the price less the amount of discount (if any) plus the cost of extras (if any).
• Sales Tax: Regular customers must pay a state sales tax on their purchase. The tax rate is 5% and is computed on the subtotal. Wholesale dealers purchasing a vehicle do NOT pay any sales tax. This must be computed using a function.
• Total due: This is computed as the subtotal plus the sales tax less the value of the trade-in (if any).
• Constants: You must declare constants to store the wholesale discount rate, sales tax rate, and cost of exterior and accessory extras, as appropriate.
• Add remarks to the program as required.
• Use the Round method as appropriate for calculations.
Programming Events.
a. Validating Data. You must write code to enforce the business rules listed below
i. All data must be converted to the appropriate data type before and after use.
ii. All user inputs must be validate before they are passed to the program. Thus, all data entered into the GUI must first be checked for appropriateness and politely communicate directions to the user in the event the input in not appropriate.
iii. All output must be properly formatted
iv. The right control/object must be used to design the user interface (GUI) for input and output
b. Compute Button Coding.
i. Compute the wholesale discount using the discount rate when the wholesale discount Checkbox is checked; otherwise, the discount is zero. The discount applies to the price only – extras are charged at the full rate.
ii. Compute the cost of extras (hint: use a local accumulation variable to accumulate both exterior and accessory extra charges).
iii. Compute the subtotal, sales tax, and total due.
iv. Accumulate the grand total due (that is the total of all total due values) to a decimal variable.
v. Accumulate a count of the number of vehicles sold to an integer variable.
vi. Use MenuStrip, ContextMenuStrip, DataGridView, TabControl controls for full marks.
c. Remove Item from Receipt Button Coding.
i. User selects a specific item from receipt click of button/menuitem/contextmenuitem
ii. Clear that item from the receipt
iii. Update all output textboxes to reflect the new state of the receipt.
d. Clear Receipt Button Coding.
i. Clear all data from the receipt
ii. All output textboxes must be set to “0.00”).
iii. Uncheck all CheckBox controls.
e. Print Receipt Button Coding.
When the user click on the Print button/menuitem/contextmenuitem, the app will allow him/her to print out the receipt
f. Save Receipt Button Coding.
When the user click on the save button/menuitem/contextmenuitem, the app will allow him/her to save the receipt to the computer in either MS word or Excel format.
g. Totals Button Coding.
Display a message box that gives the total due for all sales, number of vehicles sold, and average total due per vehicle sold.
h. Exit Button Coding.
When the Button is clicked, do not automatically close the form. Instead, write code to only close the form if the application user responds Yes to the question shown in this figure. The code should default the selection to the No button.
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Part 1: Using the research gathered in Project One, provide a visualization for each of the following, then summarize what the data is showing:
The current state of the U.S. automotive manufacturing industry
Sales by fuel type (electric, hybrid, gas)
Current automotive industry trends
The trend toward different types of motors for the vehicles being made and sold, such as electric and hybrid
Trends in customer demands such as vehicle color, extra features, and styles
Trends in the body types of vehicles sold (SUVs, trucks, sedans)
Trends in the new industry
Expected growth areas
Sales by type of products or services offered
Trends in customer demands
Then, provide a summary of all of the data visualized.
Summarize the collective data about both industries as a whole.
Determine what the data is not telling you about the new industry.
Part 2: Analyze three decision making models and select the one model that is best suited for making your decision.
Analyze and provide an overview of the following three models and select one for use. Resources are listed in the Supporting Materials section.
The Rational Model
The Intuitive Model
The Recognition-Primed Model
Explain your choice of decision-making model.
Why does your selection make the most sense for this project?
Competencies
In this project, you will demonstrate your mastery of the following competencies:
Utilize information from industry and scholarly sources to inform problem solving and decision making
Analyze quantitative and qualitative data to solve problems and make decisions that impact organizations and their stakeholders
Communicate professionally to diverse internal and external audiences
Scenario
Your presentation to the leadership panel of your company was well received. Now you must create a presentation for a wider audience—stakeholders from inside and outside the company—and include your decisions and recommendations, which were approved by the leadership panel. Remember that your presentation must convey professionalism and be visually appealing as well as informative.
Directions
Create a presentation of your research and data findings from Project Two including your decision and rationale.
Construct a professional business presentation for internal and external stakeholders.
Identify your key message to both internal and external stakeholders.
Illustrate your key points using visualizations.
Tell your story.
Specifically include the following in your presentation:
Communicate your decision about diversification based on your analysis of the data and research.
Use visualizations to tell the story of the (quantitative and qualitative) data.
Determine the likelihood of success based on the data and research collected.
Discuss the impact that moving to the new industry will have on the organization and its internal and external stakeholders.
Detail your recommendations for moving forward.
Summarize findings of the research performed.
Include research conclusions and reasoning.
Describe the rationale behind your recommendations
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Timely Delivery. capitalessaywriting.com believes in beating the deadlines that our customers have imposed because we understand how important it is.
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