Explain how will you account for any wastage, Operation Management

Assignment Help:

You are the branch operations manager for a leading manufacturing company. The following are the bill of materials (BOM), Master Production Schedule, and Inventory Record Sheet for one of your products.â€

BOM Product: Travel Coffee Cup Item Quantity Required Rubber coaster 1 Handle 1 Insulated insert 1 Exterior cup form 1 Lid 1
Master Production Schedule Travel Coffee Cup Week 1 2 3 4 5 6 600 550 700 475 500 800
Inventory Record Sheet Item On-Hand Balance Lead Time (in weeks) Rubber coaster 75 4 Handle 200 3 Insulated insert 150 7 Exterior cup form 250 1 Lid 100 6

Perform an analysis to determine the appropriate quantities of materials to be ordered or made and the lead time phasing to:
Ensure that appropriate quantities of materials are ordered at the appropriate time. Ensure the availability of the materials on hand for production.

Create a report to present the results to your area head. Your analysis should include the following:

What quantity do you recommend? Why? How did you arrive at the appropriate quantity of materials to be ordered or made? What measures do you suggest to ensure that appropriate quantities are ordered at a particular time? How will your measures ensure the availability of the materials on hand for production? How will you account for any wastage? If the demand for a product increases suddenly, how will you account for the sudden need of materials?


Related Discussions:- Explain how will you account for any wastage

Explain what additional facts could cause the decision, Ema graduated from ...

Ema graduated from a very prestigious college and was in her second year of medical school. Ema's parents did not have the resources to help her pay for college. For the past six y

Explain the four colour problem, The Four Colour Problem. Is it true that t...

The Four Colour Problem. Is it true that the countries on any given map can be coloured with four or fewer colours in such a way that adjacent countries are coloured differently?

Explain what order quantity will enable the refinery, A refinery in Houston...

A refinery in Houston replaces all of the 3" full-open ball valves in its facility according to a very strict maintenance policy which spaces replacements fairly uniformly througho

Explain group that provides financial resources, The project sponsor is the...

The project sponsor is the person or group that provides financial resources, in cash or in kind, for the project.

Explain inventory decreases and inventory increases, What happens to invent...

What happens to inventory as the number of kanban cards increases? Inventory decreases Inventory increases Inventory remains the same The number of kanban cards has no

Rules related to the arrangement of the work place, Related to the arrangem...

Related to the arrangement of the work place: 1.       There  should  be a definite and fixed place  for all tool sand material. 2.        Tools  materials and controls sho

Why user should be involved design of the database, We are agree that the u...

We are agree that the user should be involved in the design of the database. Class, how would you go about the process of designing a database? What processes are involved? And ple

Negative tradeoffs associated with an outsourcing production, Toyota's safe...

Toyota's safety recalls - Are they indicators of problems associated with quality management, outsourcing or simply indicators of setting inconsistent competitive priorities in ope

Explain compensation plan, Do you believe a compensation plan based 100% on...

Do you believe a compensation plan based 100% on commission would ever be justified? Give an example for either option.

Ppc in job production, PPC in job Production Job production includes ...

PPC in job Production Job production includes manufacturing of products to meet particular customer requirements of special orders. The quantity included is usually small. In

Write Your Message!

Captcha
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