Determine the product lead time by developing time line

Assignment Help Operation Management
Reference no: EM131131791

For the Somerset Furniture Company described in Case Problem 10.1 in Chapter 10, determine the product lead time by developing a time line from the initiation of a purchase order to product delivery. Discuss the company's possible transportation modes and channels in China and to and within the United States, and the likelihood of potential problems. Identify and discuss how international trade specialist(s), trade logistics companies, and/or Internet exchanges might help Somerset reduce its product lead time and variability.

Reference no: EM131131791

Questions Cloud

Daily deal or lasting success : The case study: “Groupon Inc.: Daily Deal or Lasting Success?” Case 11, starting on page 11-1, will include a synopsis and three findings of fact. Each finding of fact will require a justified solution, each a minimum of one page each. Support your r..
Netflix to continue the company into the next decade : Using the last date mentioned in the case as your time reference point (2011/12), discuss and explain the recommendations would you offer Netflix to continue the company into the next decade. Remember it’s 2012, not 2016, when you answer this questio..
Differences between manufacturing and service operations : All of the following are differences between manufacturing and service operations EXCEPT
Calculate its beta for the stock of foster company : Given the following information for the stock of Foster Company, calculate its beta, Current price per share of common ............. $50.00 Expected dividend per share next year ........... $ 3.00 Constant annual dividend growth rate ............. 9%..
Determine the product lead time by developing time line : Determine the product lead time by developing a time line from the initiation of a purchase order to product delivery. Discuss the company's possible transportation modes and channels in China and to and within the United States, and the likelihood o..
Software development project : A software development project at day 70 exhibits an actual cost of 78,000.00 and a scheduled cost of $84,000.00. The software manager estimates a value completed of $81,000. What are the cost and schedule variances and CSI? Estimate time variance.
Average time in queue and average time in system : What happens to the average time in queue (waiting in line) and average time in system (waiting in line or being processed) as we move from releasing production orders for large quantities with a long time between orders, to using smaller quantities ..
Common characteristics of operations : Common characteristics of operations do NOT include
What is the last price at which the stock traded on the day : a. On what day did the trading activity occur? b. At what price did the stock sell at the end of the day on Wednesday, December 13? c. What is the last price at which the stock traded on the day quoted?

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd