Efficiency of the production operation

Assignment Help Operation Management
Reference no: EM132735751

Efficiency of the Production Operation

Research the process of producing an expensive product (assume that it is something that must cost at least $1,000). After learning the steps that must be accomplished to produce such a product, address the following:

  • What would you expect the layout of a producing facility to look like (in other words, what is the process layout for such an operation)?
  • What would determine when someone had finished working on one of these products (in other words, how would someone know that it was time to work on producing the next unit)?
  • How would the efficiency of the production operation that you have envisioned be calculated (your answer should be specific to the type of product you selected, not just a general discussion of efficiency)?
  • From your research, are there any ways in which the production of the product could be made more efficient than the way that it is normally produced? If so, what recommendations could you make? If not, describe another way in which the product could be made, even if it was inefficient.

Justify your answers using examples and reasoning. Comment on the postings of at least two peers and state whether you agree or disagree with their views

Reference no: EM132735751

Questions Cloud

Prepare two contribution format income statements : Prepare two contribution format income statements, one showing present operations and one showing how operations would appear if the new equipment is purchased.
Discuss pieces of legislation for solving your chosen policy : Instead of focusing on just one policy analysis proposal, you must discuss 2, and only 2, pieces of legislation for solving your chosen policy problem.
What is the correct amount of accounts payable : What is the correct amount of accounts payable? Work-in-process inventory costing $20,000 was sent to an outside processor for plating on December 30,2016.
The metamorphosis by franz kafka : what character do you sympathize and/or identify most from ? Why? Does your response conform to or contradict the text's overall argument
Efficiency of the production operation : Research the process of producing an expensive product (assume that it is something that must cost at least $1,000).
Define period cost and enlist ten examples with explanation : Define period cost and enlist 10 examples with explanation. Define cost Accounting and enlist 10 example of product cost with explanation
Design a simple class using uml notation : Describe the fundamental principles of object-oriented programming and Create a simple application based on UML design and the incremental development process
Estimate of the nominal interest rate on new bonds issued : The bonds sell at a price of $1,353.54, and the yield curve is flat. What is the best estimate of the nominal interest rate on new bonds issued in 5 years
What is the mad of the forecast : Consider the actual and forecast values contained in the table.

Reviews

Write a Review

Operation Management Questions & Answers

  How has your company or another company that you are

how has your company or another company that you are familiar with used the internet andor related technologies to

  Different types of corporate combinations

In an essay of at least two well-developed paragraphs, compare the three different types of corporate combinations and explain why such combinations sometimes take place.

  What were disney main mistakes from the conception

What were Disney's main mistakes from the conception of the Paris resort through to 2006?

  Interview an appropriate manager from a business

Interview an appropriate manager from a business in your home town.Describe the methods that they use for forecasting. What factors drivemost of their forecasts?

  Principles of validity-reliability in quantitative research

What are the principles of validity and reliability in quantitative research design? Why is validity and reliability important?

  Nervousness about conducting performance appraisals

In his experience, he will need to address the new supervisor's nervousness about conducting performance appraisals.

  Which of the common supply chain designs

Which of the Common Supply Chain Designs do you think are present in Mexico?

  Save in terms of the scrap allowance

If the scrap rate for each step could be cut in half at every operation, how many units would this save in terms of the scrap allowance?

  Capacity and layout strategies for restaurant

Consider capacity planning for companies like Amazon who have seen an increase in sales of 26% in Q1 and 43% in Q2 of 2020, according to the Wall Street Journal

  Distinction between commercial and residential lease

What is the distinction between a “commercial” and a “residential” lease?

  Consumers and businesses exhibit joint demand for products

Your firm is successfully marketing jellies and jams to restaurants in the Northeast, and now you want to expand into the Midwest. However, your selling team has warned that high unemployment in the region is likely to hamper initial sales. Consumers..

  Does popular music reflect current societal norms

What was the impact of radio on popular music? What are the pros and cons of technology on music? Does popular music reflect current societal norms?

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