Terms of annual production quantity and cycle time

Assignment Help Operation Management
Reference no: EM132111670

Jack is a production manager at the company XYZ which manufactures the brake petals for a bicycle. Annual production quantity for the petals is 12K, and average cycle time for production is 2 months for a petal. The company wants to reduce current work-in-process by 20%. Please provide your suggestions to achieve that aggressive goal in terms of annual production quantity and cycle time.

Reference no: EM132111670

Questions Cloud

Describe at least one benefit of group brainstorming : Describe at least one specific method for collecting “voice of the customer” data. Describe at least one benefit of group brainstorming.
Does simple linear regression model appear to be appropriate : Does a simple linear regression model appear to be appropriate? Explain.
What purpose does copays and coinsurance serve : What purpose does copays and coinsurance serve? Briefly explain what are the origins and purpose of Medicare?
Quality replacement parts for all major brands : Quality Parts Company has proudly supplied the domestic and international coal industry with quality replacement parts for all major brands
Terms of annual production quantity and cycle time : Please provide your suggestions to achieve that aggressive goal in terms of annual production quantity and cycle time.
Define phase of lean six sigma project : Describe the purpose of the Define phase of a Lean Six Sigma project (in your own words).
How do capacity decisions affect productivity : Capacity management in businesses is a function of their operations and environment. In today's business world, evaluating and managing capacities.
Why managers would declare this statement as being true : One of the most important contributions of Hofstede's studies regarding working in diverse teams is the idea of "diversity distance".
How climate will affect how the organization operates : Inside out perspective means assessing how climate will affect how the organization operates.

Reviews

Write a Review

Operation Management Questions & Answers

  Using advanced technology offers company many benefits

Using advanced technology offers a company many benefits, but there are also some challenges involved too. List three benefits and three challenges associated with implementing and/or using technology.

  Sound systems will embark on a companywide

Sound Systems will embark on a companywide cost control program in an attempt to improve its profits. One of the areas to be scrutinized closely for possible cost savings is inventory procurement.

  How would you sequence these jobs

Given the following set of jobs waiting to run on a machine, Using the CR (critical ratio) how would you sequence these jobs?

  Strategic planning and business plan

"Strategic Planning and Business Plan" Ascertain the importance of strategic planning for an organization.

  What are the eoq and the annual order and carrying cost

What are the EOQ, and the annual order and carrying cost.

  Differences between qualitative and quantitative methods

What are the differences between qualitative and quantitative methods? What are the qualitative techniques our textbook introduced?

  What you can do to continue to provide care to the needy

Discuss what you can do to continue to provide care to the needy, but reduce the amount of the loss.

  Create a hypothetical marketing campaign

Create a hypothetical marketing campaign that uses what you’ve learned about the CRM approach. Describe how you might apply insights about developing long-lasting relationships with customers to retain or reactivate past visitors

  Schedule the post-project evaluation

The project manager should schedule the post-project evaluation meeting with the customer or sponsor for a time when the customer is in a position to pay all the expenses.

  What is a data warehouse and what are its benefits

What is a data warehouse and what are its benefits? Why is Web accessibility important with a data warehouse?

  How internet has made this worse by citing specific examples

Determine whether file sharing is necessary to further advantage technology or if it should be stopped because it violates copyright law.

  Concept of equity in financial compensation

This week's discussion board allows you to explore the concept of Equity in Financial Compensation. The text discusses four types of equity in compensation: 1) external, 2) internal, 3) employee, and 4) team equity.

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