Evaluate how this firm uses lean strategies

Assignment Help Operation Management
Reference no: EM132428899

Purpose of Assignment

The purpose of this assignment is for students to evaluate the lean techniques applied to business in today's workforce.

Note: Students and Faculty seeking more information on this assignment can refer to Ch. 14 of the Operations and Supply Chain Management textbook.

Assignment Steps

Select a business you are familiar with which incorporates lean manufacturing or lean supply chains.

Evaluate how this firm uses lean strategies and how much lean techniques has improved the firm's efficiency.

Evaluate ways the firm can go even further to make improvements using lean techniques.

Consider Goldratt's theory of constraints and its use in overcoming bottlenecks

Determine if there are improvements that can be made in scheduling and/or controlling techniques

Use the results you obtained from evaluating this firm to apply to your own business or a business you are interested in which currently does not use lean.

Develop a 1,050-word report in which you describe your lean evaluation project.

Reference no: EM132428899

Questions Cloud

Create scatterplots and histograms : Create scatterplots, histograms, and calculate the mean, median, mode, and standard deviation of some data points.
Minority populations and poor medication compliance : Key literature that explain if there is a relationship between minority populations, poor medication compliance and type II diabetes,
Individuals involved with the correctional system : You are part of a team of case managers who must determine the proper program placement for individuals involved with the correctional system.
Constructed meaning and perception : Perception and communication, the book stated that there is no intrinsic meaning in phenomena but that humans actively construct meanings and attach values.
Evaluate how this firm uses lean strategies : Evaluate how this firm uses lean strategies and how much lean techniques has improved the firm's efficiency.
Discuss how you plan to assess leadership capabilities : Discuss your leadership development strategy, and give a vision to this strategy. Discuss how you plan to assess leadership capabilities.
Recognize the basic properties of projects : Understand why project management is becoming such a powerful and popular practice in business. Recognize the basic properties of projects.
Project management considered excellent training ground : Why is project management considered an excellent training ground for future senior executives in many organizations?
Evaluate businesses using organizational metaphors : Evaluate businesses using organizational metaphors, organizational frames, and diagnostic tools.

Reviews

Write a Review

Operation Management Questions & Answers

  Copyright law has always included elements

Copyright law has always included elements, such as the fair-use exemption, that make it difficult to apply. Explain how the Internet has made this worse by citing specific examples. In discussing this question, be sure to include what the fair use e..

  The administrator in corporate compliance program

What is the role of the administrator in the corporate compliance program.

  Prosecuting terrorist once his hostages are released

Even though the government has every intention of capturing and prosecuting the terrorist once his hostages are released?

  Calculate the total annual cost and economic order quantity

A local nursery, Greens, uses 2184 bags of plant food annually. Greens works 52 weeks per year. It costs $8 to place an order for plant food.

  How do you think the ethical responsibilities of leaders

Do you think that as a leader Hartfield has a responsibility for the health of his customers as well as how do you think the ethical responsibilities of leaders in this industry compare to those leaders in, say, the tobacco and alcohol industries and..

  Money except valid insurance policy

Plaintiff’s husband died in an accident, leaving her with several children and no money except a valid insurance policy by which she was entitled to $5,000.

  Competitive strategy does the proposed compensation plan

What type of competitive strategy does the proposed compensation plan best fit? How would the proposal affect pay structure within Delphi?

  Negatively impacting customer service

Suppose you have been given the task of reducing inventory in your company, without negatively impacting customer service.

  Considering purchasing equipment

Lefler Company is considering purchasing equipment. The equipment will produce semi-annual cash inflows of $22,000 for 3 years. Lefler requires a minimum annual rate of return of 8%. Assuming that the cash inflows are received at the end of each six-..

  Examine at least five risks applicable to your project

Examine your training approach and how you plan to recognize and reward the team's efforts.Examine at least five risks applicable to your project.

  What are the importance of having a distinctive strategy

What are the importance of having a Distinctive Strategy and Competitive Approach? Why are vision and mission statements important

  More information about the disease under investigation

Who will you contact to find out more information about the disease under investigation, the patients that were treated in the hospital, and any laboratory test

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