Reference no: EM132700155 , Length: word count:4000

ES961-10 Logistics and Operations Management - University of Warwick

Learning outcome 1: Comprehensively understand the interrelationships and interdependencies between capacity, inventory and delivery performance.

Learning outcome 2: Critically evaluate how to manage capacity, inventory and delivery to achieve effective and efficient operational performance.

Learning outcome 3: Compare and contrast different tools and techniques for the planning and control of logistics and operations management and justify their use in a variety of operational environments.

Learning outcome 4: Demonstrate awareness of appropriate technology and critically appraise how it can be applied to improve operations management within a supply chain.

Writing your PMA: Advice for WMG's Postgraduate Students

As a postgraduate level student in WMG you may have some concerns about your ability to write at the high standard required. This short guide is intended to provide general guidance and advice. It is important that if you have any questions you discuss them with your module tutor. Remember, in writing your PMA you need to meet the expectations of the reader and university.

A good PMA generally requires you to answer the question and to include...

1. A title, with your student number, module, lecturers name and any other documentation required by the university
2. A contents page and if appropriate, an abstract.
3. An introduction which acts as a ‘map' to the rest of the document, describing the aim or purpose of the work and explaining how this aim is achieved. At this point it is usually helpful to paraphrase your conclusion.
4. Evidence of an appropriate level of background reading of relevant texts
5. Evidence of systematic and clear thinking, indicative of good planning and organisation
6. Writing which makes sense, is clearly and carefully presented (proof read and grammar checked)
7. A critical style of writing which compares and contrasts the main theories, concepts and arguments with conclusions that are based in evidence presented.
8. High levels of accurate academic referencing.
9. A logical and well-defined structure with headings and subheadings.
10. Clearly labelled and well-presented diagrams and other graphics that are discussed in the text
11. Adherence to usual academic standards including length and a timely submission
12. A reference section in which every source that is cited in the text is listed.

Question 1

State your team's name and the final net worth of your company.

You finished the Aerials production simulation exercise having completed week 24. Table 2, below, shows the demand ratio patterns for both products, Standard and XL, from week 0 until week 35.

For weeks 25-35 for your Aerials business simulation;
• Explain the development of each element of your Master Production Schedule (MPS)
• Create a detailed MPS including material ordering plan
• Propose (and justify) a suitable planning and control system for you company

Table 2- Capacity and demand ratio pattern for the Standard and XL products

*Identify the total demand (Standard +XL) in Stage 2, then for Stage 3, apply the new % ratio to the total (Standard + XL from Stage 2).

Then, critically evaluate your MPS and identify how it will improve on your team's previous performance during the module on:

- cash flow,
- overcoming any weaknesses & increasing any strengths, with respect to forecasting, capacity management and inventory management,
- management of any risks associated with your proposed MPS (further reading on risk management should be undertaken).

Question 2

Select a ‘leading company' from a MarketLine ‘industry profile' report for ‘machinery'; MarketLine has a range of industry profile reports for ‘machinery' for different regions (e.g. Global, Europe, Asia-Pacific) and for individual countries (e.g. UK, China, India). Each report includes overview information on the leading companies in that particular geographic area.

Undertake further research on your selected company and then, select one area from the module (forecasting, capacity management, inventory management or scheduling & planning) and identify one developing technology/digital technology that you believe is, or could, improve the logistics and operations if effectively applied to your ‘leading company'. Critically assess the application, identify the business benefits, and discuss the challenges in implementing this technology to your company.

Attachment:- Logistics and Operations Management.rar