Trade off between delivery and flexibility, Operation Management

Assignment Help:

Trade off Between Delivery and Flexibility

Pagell et al (2000) argue that the trade-off concept is based on Skinner's quandary that a manufacturing plant could not be configured to perform equally well on all dimensions such as cost, delivery and quality simultaneously (Skinner, 1969, 1974). Skinner coined the term 'focused factory' meaning that the market, the competitive criteria and the technology should be aligned, consistent and focused. Since Skinner's time, the pressure for mass customisation has meant that there is considerable pressure on companies to improve along multiple dimensions simultaneously. While this may make business sense, trade-offs may still exist. This is illustrated in the two figures below. In figure (a), the traditional approach of movement along the performance curve is seen as the only degree of freedom and a company moves its position up and down the performance curve between, for example, A1 and A2. In figure (b), showing the current approach, the performance curve itself is moved. (That is, for example, the points A1, B1, C1 may shift to the positions A2, B2, C2, representing the movement of the performance of a company.)

843_Trade off Between Delivery and Flexibility.png


Related Discussions:- Trade off between delivery and flexibility

Explain financial statements of mcdonald''s and wendy''s, The following fig...

The following figures are taken from the 2003 financial statements of McDonald's and Wendy's. Figures are in million dollars. McDonalds Wendy's Inventory $129.4 $54.4 Reve

Explain outline and explain the three major elements, Outline and explain t...

Outline and explain the three major elements (and their arguments) contained in the controversial question as to whether union security provisions should be negotiated in labour ag

Explain project activity including personal time, A cost estimate for a giv...

A cost estimate for a given project activity is $6,300; this cost estimate does not factor in personal time. Assuming that an allowance for personal time is 9.5%, the total estimat

Create an is strategy for an organisation, 1. Create an IS strategy for you...

1. Create an IS strategy for your organisation.  2. Give examples of the Data, Information and Knowledge that are used in your organisation. 3. How would the idea of sustaini

Explain what is the efficiency process, An assembly line currently has five...

An assembly line currently has five workstations and the time required for each is shown below 1. 42sec 2. 49 sec. 3. 32 sec. 4. 47 sec. 5. 42 sec. What is the efficiency process?

Explain better plan capacity, The number of students enrolled at Spring Val...

The number of students enrolled at Spring Valley Elementary has been steadily increasing over the past five years. The school board would like to forecast enrolment for years 6 and

Explain description of the crime, Find a news article with homicide Provide...

Find a news article with homicide Provide a brief description of the crime. What does the crime data suggest about this type of crime? Does the article discuss the motive for the c

Describe the advantages of work study, Describe the advantages of work stud...

Describe the advantages of work study. The following are the advantages: (i) Uniform and enhanced production flow, (ii) Higher productive efficiency, (iii) Decreased

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