Glaser Machine Works has experienced a significant change in its business operations over the past 50 years. Glaser started business as a machine shop that produced specialty tools and products for the timber and lumber industry, this was a logical fit, given its location in the southern part of the United States. However, over the years Glaser looked to expand its offerings beyond the lumber and timber industry. Initially, its small size coupled with its rural location made it difficult to attract the attention of large companies that could use its products. All of that began to change as Glaser developed the ability not only to fabricate parts and tools but also to assemble products for customers who needed special components in large quantities. Glaser's business really took off when first foreign, and then domestic, automakers began to build automobile plants in the southern Unites States. Glaser was able to provide quality parts quickly for firms that expected high quality and responsive delivery. Many of Glaser's customers operated with little inventory and required that suppliers be able to provide shipments with short lead times.
C
H 15 MULTIPLE RE
GRESSION ANALYSIS AND MODEL BUILDING
Case 15.2
Glaser Machine Works
Glaser Machine Works has experienced a significant change in its business operations over the past 50
years. Glaser started business as a machine shop that produced
specialty
tools an
d products for the
timber and lumber industry,
this
was a logical fit, given its location in the southern part
of
the United
States. However, over the years Glaser looked to expand its offerings beyond the lumber and timber
industry.
Initially
, its
small
size coupled with its rural location made
it
difficult to attract the attention of
large companies that could use its products. All of that began to change as Glaser developed the ability
not only to fabricate parts and tools but also to assemble products
for customers who needed special
components in large quantities. Glaser's business really took off when first foreign, and then domestic,
automakers began to build automobile plants in the southern Unites States. Glaser was able to provide
quality
parts
quickly for firms that expected high quality and responsive delivery. Many of Glaser's
customers operated with little inventory and required that suppliers be able to provide shipments with
short lead times.
CH 15 MULTIPLE REGRESSION ANALYSIS AND MODEL BUILDING
Case 15.2
Glaser Machine Works
Glaser Machine Works has experienced a significant change in its business operations over the past 50
years. Glaser started business as a machine shop that produced specialty tools and products for the
timber and lumber industry, this was a logical fit, given its location in the southern part of the United
States. However, over the years Glaser looked to expand its offerings beyond the lumber and timber
industry. Initially, its small size coupled with its rural location made it difficult to attract the attention of
large companies that could use its products. All of that began to change as Glaser developed the ability
not only to fabricate parts and tools but also to assemble products for customers who needed special
components in large quantities. Glaser's business really took off when first foreign, and then domestic,
automakers began to build automobile plants in the southern Unites States. Glaser was able to provide
quality parts quickly for firms that expected high quality and responsive delivery. Many of Glaser's
customers operated with little inventory and required that suppliers be able to provide shipments with
short lead times.
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