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 organization''s strategic direction, Why should HPT Practitioners c...

Why should HPT Practitioners care about the organization's strategic direction?

Define how this influence of culture can effect organization, The Japanese ...

The Japanese firm Matsushita has a business philosophy from the strong founder Konosuke. This business philosophy was codified as the "Seven Spiritual Values" of Matsushita that al

Low price and product features - operation strategy, Low Price and Product ...

Low Price and Product Features - Operation Strategy Low price  The ability of the operations system to satisfy the customers' requirements more cost-effectively (and by

Quality, Ques: What do you think happened to the quality, variety, availabi...

Ques: What do you think happened to the quality, variety, availability or cost of agricultural or manufactured products - or the level of competition? Ans: Quality increased; va

Describe the types of evidence that you would look for, Discuss the types o...

Discuss the types of evidence that you would look for in order to determine whether a needs analysis has been improperly conducted. How would you know? Why?

Assignment, Analyze the strategic role of operations management in terms of...

Analyze the strategic role of operations management in terms of organizational and operational objectives.

Why it is important for marketers know consumer behaviour, Why it is import...

Why it is important for marketers to fully understand today's consumer behaviour? Explain the factors that influence consumer's buying behaviour.

OR, Ask Managers, as decision makers can purchase computer software to solv...

Ask Managers, as decision makers can purchase computer software to solve specific Operations Research (OR) formulations and as such it is not important for them to learn the OR tec

What potential problems in flexible retirement programs, What potential pro...

What potential problems and benefits are likely with early or flexible retirement programs?

Explain efficiency advantages of a new technology, Consider this scenario: ...

Consider this scenario: You are the senior executive responsible for technology innovation for Company A. The company learns of the cost and efficiency advantages of a new technolo

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