Develop aggregate production plan

Assignment Help Operation Management

Reference no: EM13722572

The Riordan Manufacturing Virtual Organization
University of Phoenix

Review the Riordan Manufacturing Virtual Organization.

Write a paper of no more than 1,400-words that includes the following:

Determine Riordan's manufacturing strategy (chase, level, or combination) and explain its benefits

Create a process flow diagram for the electric fan supply chain

Select two metrics to evaluate performance of the electric fan supply chain

Describe the supplier relationship and the effects on the supply chain. As part of this consider the following:

Type of relationship

Supplier location, size of company, and financial stability

Metrics used to measure supplier performance (on-time delivery, defects, etc)

Supplier improvement strategies

Describe how lean production principles may be used to maximize the efficiency and effectiveness of the electric fan supply chain process

Select a business forecasting technique (qualitative or quantitative) for the electric fans and describe the forecasting process to be used at Riordan

Create a sales forecast for electric fans using selected techniques

Develop Aggregate Production Plan, Master Schedule, and Materials Requirement Plans for electric fans based off the sales forecast. Be sure to include the following:

The determination of inventory requirements of the electric fans component parts and finished goods

The selection of an appropriate inventory system (fixed order quantity, two bin method, etc.) to meet inventory requirements

Reference no: EM13722572

Questions Cloud

Law of demand states that other things equal : Economists use models to explain real-life situations because - An economy is said to have a comparative advantage in the production of a good if it can produce that good:

Calculate the wavelength of the laser : You measure distances from the center of a diffraction pattern (y) to a series of dark fringes on a screen. What is the wavelength of the laser you used to collect the data?

Calculate the respective changes in voticity : A pair of cyclonic and anticyclonic vortices is observed in the atmosphere at 43 degrees north. Estimate the respective changes in voticity as a consequence of this circumstance.

Operating in a union-free environment : What are the basic differences, from the employer's viewpoint, in operating in a union-free environment vs. a unionized environment?

Develop aggregate production plan : Develop Aggregate Production Plan, Master Schedule, and Materials Requirement Plans for electric fans based off the sales forecast. Be sure to include the following:

Calculate the future value of a constant income stream : Find the present and future value of a constant income stream of $100 per year over a period of 20 years, assuming a 10% annual interest rate compounded continuously.

Find the current output of the solar cell : A 100W CO2 laser which radiates at 1.55 x 10-6 m is directed at a solar cell. What is the current output of the solar cell?

Process of setting an organization strategy : Take a position on the following statement: "The process of setting an organization's strategy should be the driving force in the establishment of all HR policies, programs, and practices," from Mello (2011, p. 115).

Develop a work breakdown structure : Establish the project objectives, and make a list of your assumptions about the project; Develop a work breakdown structure

User Account

All Pages