In 2009 it was decided that ABC Tire Company would implement a BPM project with the goal to decrease the manufacturing cost per tire and increase revenue from each tire

In 2009 it was decided that ABC Tire Company would implement a BPM project with the goal to decrease the manufacturing cost per tire and increase revenue from each tire sold. To track the success (or failure) of the project they determined the following baseline data for 2009. Total # of Tires Sold Materials Cost Per Tire Labor Cost Per Tire Average Retail Price Per Tire Average Profit Per Tire 24,594 $23.21 $11.67 $119.00 $84.12 After implementing the BPM project ABC Tire Company reviewed the value of the project after a year and identified the following information Total # of Tires Sold Total Materials Cost Total Labor Cost Average Retail Price Per Tire 27,669 $672,080.32 $303,280.56 $121.13 Using the data provided above calculate and provide Materials Cost Per Tire Labor Cost Per Tire Average Profit Per Tire % Increase or Decrease in Materials cost Per Tire % Increase or Decrease in Labor cost Per Tire % Increase or Decrease in Average Profit Per Tire Address the following questions: 1. Why is it important to ensure baseline data is accurate? 2. Was the project successful?

Do you need us to help you on this or any other assignment?


Make an Order Now