Reference no: EM132758297 , Length: word count:1800
7ENT1137 Integrated Product Engineering - University of Hertfordshire
CW_02 Failure Mode & Effects Analysis (FMEA) and Value Management
Learning Outcome 1: Explore product development in a business context in terms of the product specifications, standards, life cycle assessment and functions of manufacturing industry;
Learning Outcome 2: Examine the information flows and typical management structures that support product development;
Learning Outcome 3: Reflect the need for high ethical conduct in the context of product development;
Learning Outcome 4: Analyse competitive forces influencing product and business decisions;
Learning Outcome 5: Apply the tools and techniques typically used during product development;
Learning Outcome 6: Evaluate alternative product strategies individually and/or in a group.
Assignment Brief:
In your previous Assignment/CW_01, you are required to introduce an assigned new product A, B, ...., or E, using QFD for manufacturing purpose, taken into consideration the given requirements.
In Module Units 4, 5 and 7, you have studied the Failure Mode and Effects Analysis (FMEA) and the associated Risk Priority Numbers (RPNs) that is used to analyse severity, occurrence/probability and detectability of failures in both services and manufacturing industries, as well as Value Engineering and Make or Buy Decisions, respectively.
For this Assignment/CW_02, still on your assigned new product A, B, ...., or E (Note: You cannot change your already allocated product during Assignment/CW_02), you are expected to demonstrate the following:
1. Conduct Failure Mode and Effect Analysis (FMEA) for the assigned new product A, B, ...., or E, ensuring at least three areas of concerns are met (2 pages maximum).
2. Discuss the argument of ‘in-house or out-sourcing' (Make or Buy Decisions) for the production of the product/assigned new product A, B, ...., or E, ensure to include the product materials, production cost and overall profit/loss account.
3. Incorporate Value Management tools, especially Value Engineering (VE) to recommend design changes to the new product (assigned new product A, B, ...., or E). Show the number of unique parts reduction, assemble process and cost saving.
4. Compile a comprehensive product development report for a hypothetical manufacturing company to include design analysis, drawings, among other details.
Formatting:
Use Font Arial 10, portrait layout, normal margins and 1.5 spacing.
The word count limit for the assignment is 1800 (±10%) words including Tables. The word count does not include:
• The title page
• Table of contents
• List of references (in text citations are included)
• Appendices.
Use references from the literature to reinforce your discussions; your citations and reference list should be based on the Harvard Referencing Style.
Attachment:- Integrated Product Engineering.rar
Operations and supply chain management
: Evaluate how all or some of the items from Operations Consulting Tool Kit in Operations and Supply Chain Management could help this business get back on track
|
Define adjustment to the allowance for doubtful accounts
: In 2017 the Golic Co. had net credit sales of $900,000. On January 1, 2017, the Allowance for Doubtful Accounts had a credit balance of $22,500.
|
Question - Analyzing and Reporting Financial Statement
: Question - Analyzing and Reporting Financial Statement Effects of Bond Transactions - Show Excel inputs to confirm the bond issue price
|
Calculate the depreciable cost of the machine
: The following costs were incurred in the purchase and installation of the machine. Calculate the depreciable cost of the machine
|
7ENT1137 Integrated Product Engineering Assignment
: 7ENT1137 Integrated Product Engineering Assignment Help and Solution, University of Hertfordshire - Assessment Writing Service
|
Electronic medical record brochure
: Examine legal requirements for managing patient information, health information documentation, the release of information, and electronic health records.
|
Describe short and long-term liabilities
: Describe short and long-term liabilities. What type of liability would you rather deal with in an accounting role? What are some examples of both short term.
|
Make the appropriate journal entries
: Make the appropriate journal entries, if any, to account for the new liability. In making your entries, assume that Terry's Internal Rate of Return is 6%
|
What other factors are important
: In trying to build wealth, the amount of money saved is obviously important. What other factors are important? Why? The response must be typed.
|