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Chip shortage: Toyota to cut global production by 40%

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Re: Chip shortage: Toyota to cut global production by 40%

#681
post #127

Earlier quoted context omitted.

I seem to recall most cars built before the mid-80s just had 5 digit odometers.

And suburban dads had wrench sets and wheel stands. Some of them had chain blocks for lifting out the engine and transmission to work on it.

some still do

Re: Chip shortage: Toyota to cut global production by 40%

#683

Earlier quoted context omitted.

If you're an established adult who owns a house and two cars, your assets have skyrocketted. You're having a great time.

how? can you capitalize on that upside somehow? sell them, live in a tent until prices are down?

You fret about not being able to trade up because everything is expensive, but at least you live without dread of housing affordability. Find satisfaction with your position. Try to find a way to leverage it for the sake of your children.

Heard of someone who sold while the real estate market here is superheated and plans to rent until it drops. Personally, I don't expect it to drop for a while yet (it hasn't really dropped for decades here).

Re: Chip shortage: Toyota to cut global production by 40%

#684
post #277

Earlier quoted context omitted.

Capitalism really promotes planned durability.

Cars are 1.) expensive enough and 2.) required by many people to work in order to get through the day that, while plenty of people also want the latest and greatest, most value reliability and long lifetime a lot. (To the point where these are tracked pretty carefully by organizations like CR.)

You can add smartphones to that list: vastly more durable than the first generation, with shatter-proof glass, water-resistance, etc.

And you can also add laser eye and cosmetic surgery: have advanced by leaps and bounds in terms of safety and quality, while actually becoming less costly for the consumer.

Re: Chip shortage: Toyota to cut global production by 40%

#685
post #21

Earlier quoted context omitted.

I thought Toyota invented not doing that.

Yes, they more or less invented the concept of just in time delivery, but they also suffered supply chain issues after the Fukushima earth quake. After the latter incident they made the risk calculation that inventory of some parts was worth the expense.

Reminds me years ago my company used 16X2 LCD modules for a couple products. You could buy them from two dozen manufacturers. Then one day a Typhoon went over the only factory in the world that made the driver IC's.

We tried to order 100 and were told the lead time was 36 weeks. We got through it with existing stock, scrounging displays from dead boards. Buying different displays and replacing the backlights. Small orders of 10 here, 15 there. And pushing a few customers out a month or two.

Re: Chip shortage: Toyota to cut global production by 40%

#686
post #272

Earlier quoted context omitted.

How?

Because people equal JIT with close to zero buffer inventory. JIT is basically a concept of defining the correct and minimal buffer. If that's close zero, cool. If it's more than zero, cool as well. It also puts a lot of emphasis on lot sizes and lead-times. No one in the right mind would implement JIT for stuff involving sea freight without buffer stock close to production.

Also can depend on how high value the part is. I remember one time our purchasing agent bought 10,000 units of something. Took 5 years to use it all up. Normally they were $0.25 but some company canceled a huge order leaving the distributor with about 50,000 units overstock. We got them for $0.05 each.

Re: Chip shortage: Toyota to cut global production by 40%

#687
post #658

Earlier quoted context omitted.

Seems like long term the human race is going to lose this ability if something serious is not done to reduce the complexity of building these things. This pandemic has shown that everything is super fragile and with Climate Change on the horizon I cannot believe they decided to build this damn thing in Arizona of all places. Maybe the collapse people were right and we should be working on CollapseOS [1]: https://coll…

What makes Arizona a bad place vs other places it might go to? No place will be spared the effects of climate change. Water use is a concern, but it sounds like they plan to recycle nearly all of it.

Arizona is already nearing the edge for what constitutes livable. If something isn't done to mitigate Climate Change soon, I can start to see land being abandoned. This is such a critical factory and a disruption will have massive ramifications. They probably built it there due to tax breaks that may not matter anymore in the future if climate change wrecks havoc.

Re: Chip shortage: Toyota to cut global production by 40%

#688

Earlier quoted context omitted.

The nightmarish results of agricultural subsidies in the US is an excellent reason to not involve the government in the chip shortage.

But agricultural studies are working as intended? The U.S. government has decided that it's in our national security interest to remain a net exporter of crops. If World War III broke out and all the borders shut down, America would still be able to feed herself. The U.K. wouldn't. There would be mass starvation in much of the first world, and people would say "the government should've done something." All the diabet…

*agricultural subsidies, not studies

Re: Chip shortage: Toyota to cut global production by 40%

#689

Earlier quoted context omitted.

> picking and choosing which industries are important voting bases. And on a bribes and corruption basis, to some extent, too? For example, I never thought about what are the strategic industries, when voting.

Most voters aren't as rational as you are. Though, I suspect that you would not vote against your livelihood if it became a political topic. West Virginia has "Friends of Coal" license plates. Indiana has IUOE license plates. etc.

> West Virginia has "Friends of Coal" license plates

Wow, I had no idea

I work with software, maybe in a way then I'm in a happy bubble

Re: Chip shortage: Toyota to cut global production by 40%

#690

Earlier quoted context omitted.

I don't think it's possible. At least not road-legal in Europe. There must be hundreds of chips in a modern car: Engine, ABS, wireless key, cruise control, radio, audio, electric windows, gps, battery management, airbags, seat-belt check, sensors, climate control, ...

you could drop: wireless key, cruise control, gps easily possibly climate control (not needed for short rides, a fan will do), maybe even radio (can always add later) and electric windows I'd buy that car if it was cheaper... I'd need AWD though, trailer hitch...

Isn’t GPS neccessary for the automatic emergency call when the car is in an accident?
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