What is the aim of focus factories in manufacturing, Operation Management

Assignment Help:

What is the aim of focus factories in manufacturing?

Focus factories:

The aim of this is to decrease the cost of ‘part finished stock’ for example, work-into-progress.
Part finished stock is costly not only to store, but this also cannot be sold since this is not ready and could be holding-up potential sales. Focus factories know traditional factories, that normally take parts of a few products and mass produce into anticipation of demand, in its place manufacturing is organised in smaller stand alone factories or cells, along with every team responsible for making a whole product. In contrast focus factories are ‘product’ like opposed to processes driven. It facilitates expertise to be enlarged, speeds up production, reduces waiting times and less inventory is held,


Related Discussions:- What is the aim of focus factories in manufacturing

Design of goods and services, construct a house of quality matrix for a wri...

construct a house of quality matrix for a wristwatch?

Why the production manager is asked to reduce the safety, The annual demand...

The annual demand for a product is 15,600 units. The weekly demand is 300 units with a standard deviation of 90 units. The cost to place an order is $31.20, and the time from order

Assignment, transformation process in an organization

transformation process in an organization

How a roofing company considered socially responsible, A roofing company ag...

A roofing company agreed to complete a job in one week and collected a 50 percent deposit, but never showed up to do the job. The same roofing company then donated $6,000 to a loca

Explain statistical process control, Which one of the following is NOT one ...

Which one of the following is NOT one of the basic elements of the strategic management process A. Strategy formulation B. Strategy implementation C. Statistical process control D.

How to be market leader in an industry?, If a company needs to maintain mar...

If a company needs to maintain market position as a leader in its segment and to increase the same in future, the company is carrying out few initiatives like Innovation

Road transportation business, After working for 30 years, Ramjee Somjee Dut...

After working for 30 years, Ramjee Somjee Dutt opted for VRS and started a courier company and did very well in the first four years. He was now looking for expansion of his busine

Explain factors which determine job satisfaction, Question 1: (a) Defin...

Question 1: (a) Define conflict. (b) Is all conflict harmful and inevitable? Explain your answer. (c) Identify and describe the conflict levels in organisations. Ques

Explain team meetings can be helpful, Team meetings can be helpful. Interor...

Team meetings can be helpful. Interorganizational conflict is conflict that arises across organizations. What are sources of conflict?

Advantages and disadvantages of the parallel sourcing, What are the advanta...

What are the advantages and disadvantages of the parallel sourcing? Advantages of parallel sourcing: Best of both worlds for example, have your cake and eat this too for

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