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T & L Manufacturing produces 3 unique products: X, Y, and Z. The office manager has recently been approached by upper management and asked to create an optimal production schedule for the coming month. The office manager knows the following about products X, Y, and Z. There are 2 steps to the production of each product: Plating and Heating. The plating process coats the product in a substance that will eventually harden and protect the outside of the product. Once the product has been plated it is heated until the outer shell has reached a temperature high enough to harden the material used in plating. Due to production stage, the manufacturer needs to produce at least 1500 units for each product. If made in house they cost $2.20, $1.50, and $1.20. Products X, Y, and Z need 12 minutes, 20 minutes, and 6 minutes each of plating. Under the current staffing situation there is currently 1500 hours of plating available for the coming month. Products X, Y, and Z need 6, 12, and 3 minutes of heating. There are currently 1000 hours of heating available. Due to limited resources all three of the products may either be built on site or bought from another manufacturer. It costs $3.00, $2.80, and $2.20 to buy these products from another manufacturer. The demand for products X, Y, and Z in the coming month is 3000, 5000, and 4000. Develop a plan to minimize the total costs for the coming month.
Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..
Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..
Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..
An analysis of the holding costs, including the appropriate annual holding cost rate.
Briefly explain Evolution and contributor of Operations management.
A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..
Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.
Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.
Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.
Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.
Ccompare the effectiveness of different leadership styles in different organizations
Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.
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