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Assume you are the production manager for a small machine shop that manufactures precision parts for industrial equipment. How would you address the following set of questions:
1. Can you use CAD, CAE, CAM, CIM, and FMS to manufacture better parts more easily? Explain.
2. If your final product requires several unique subunits that are all produced with different machinery and in differing lengths of time, what facility layout will you choose and why?
3. Look up on the Internet "franchising". Based on your readings, from an operational perspective, why is purchasing a franchise such as Wendy's or Jiffy Lube an attractive alternative for starting a business?
4. Review the discussion of corporate culture. What things could you learn about a company's culture by observing the layout and design of its production facility? Discuss both goods and services operations
What elements of concern do you need to plan for, and what new/modified internal organizational structure do you recommend to take place at the time of emergency or any disaster mishap?
Explain what are some of the skills required by risk managers in the healthcare industry needed to conduct a fault tree and event analysis
What form of business organization would you choose for this venture, and why? Outline the advantages and disadvantages of each of the three major types of business in this particular context.
Recommend three actions that the project leader should take in order to identify and understand the technical challenges and issues facing the project
Determine the total cost of the proposed job. Determine the company's bid if the bid is based upon full manufacturing cost plus 30 percent.
Purpose a production budget for the second quarter of the year and purpose a budget for the second quarter of the year showing the projected cost of the direct materials (plastic) that will be needed.
What do you realize by term "trade-off"
Consider that in five years, Grant Publishing actually is able to get $140,000 for the equipment even though it has a book value of only $100,000 and what is the project's terminal year cash flow now?
Develop a cost of capital for a specific project based on the cost of the capital for another firm which has a similar line of business as the project the manager
Your company plans to produce a product for two more years and then to shut down production and you are considering replacing an old machine used in production with a new machine.
Sue will see a loss of $90,000. of course, she could always decide not to build the retail store. Construct a decision tree.
Also, add training for the beer servers. Describe the plan.
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