Evaluate performance of the electric fan supply chain

Assignment Help Operation Management

Reference no: EM13810474

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: EM13810474

Questions Cloud

Fresh off excitement-investment using straight line method : Fresh off the excitement of the 2012 London Olympic Games, you decide that you want your firm to take advantage of the profits to be made for the 2016 games in Rio de Jeneiro. This $6 million is the after-tax terminal value that is in year 4 (that is..

Discuss fact-based evidence about how interest groups : Discuss fact-based evidence about how interest groups, political party loyalty, or campaign money may influence your representative. Can these influences weaken his or her effectiveness as a true "representative" of the district

What are some of the challenges facing a blended family : What are some of the challenges facing a blended family

The major issues that are brought to light : Responses should be a minimum of 150 words and include direct questions. Some of the major issues that are brought to light when deciding to develop expatriates are maintaining relationships with families in their home countries and the expensive hir..

Evaluate performance of the electric fan supply chain : 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

What is cost of preferred stock : Jensen's Travel Agency has 12 percent preferred stock outstanding that is currently selling for $32 a share. The market rate of return is 13 percent and the firm's tax rate is 34 percent. What is Jensen's cost of preferred stock?

Analyze the pros and cons in debates about the policy : Summarize the history of the policy. In your summary, explain how the policy raises issues of federalism. Analyze the main pros and cons in debates about the policy.

Which furnace should si choose-annual maintenance costs : Springfield Ironworks (SI) recently had their furnace break down and they need to quickly purchase a new one to minimize the disruption in their production. They can either choose a high quality furnace (H) that costs $130,000 with $4,000 of annual m..

Describe how you will evaluate the success or failure : Describe how you will evaluate the success or failure of the planned change.

User Account

All Pages