Acting as a business consultant

Assignment Help Operation Management
Reference no: EM13753510

ASSESSMENT FOUR: Questions & Marking Guide. 

Introduction 

This assessment focuses on forecasting, scheduling, production planning and supply chain management. 

Many of the questions are calculations and you are encouraged to use a spreadsheet to complete them. 

 

This assessment covers Learning Outcomes 6 and 7.

Probelm 1. State the fundamental problem of Operations Management with regard to Capacity / Demand / Cost Effectiveness. In your answer include the definition and an application of both chase &level strategies in capacity planning, and also of at least one demand management tool. 

Probelm 2. A production plant has an effective capacity of 50000 units / day and is producing3750 units / day due to various hold ups.

a. What is the efficiency of the plant?(show working)

b. If the plant was operating at 68% efficiency what would the output be over one month (20 days)?

c. Construct a diagram showing the four measures of capacity/efficiency. 

Probelm 3. The following data on the number of house sales each month are from a real estate company.

Month in 2014

Sales

January

32

February

33

March

27

April

22

May

25

June

23

July

23

August

27

September

29

October

29

November

33

December

28

a. Plot the monthly sales data on a graph.

b. Forecast the sales for the next month (January 2015) using ;

1. Naïve method (show your working).

2. A 3 month moving average (show your working).

3. A 6 month moving average with weightings of 1, 1, 1, 2, 2, 3 so that the heaviest weighting applies to the most recent month. (show your working).

4. Exponential smoothing using a weighting of ? = 0.3 and a September forecast of 18. (show your working).

Probelm 4. The data below are from a petrol station forecasting the volume of petrol sold on a weekly basis, in megalitres, using two different methods.

 

FORECASTS

 

 

Week

Method 1

Method 2

Actual demand

1

0.9

0.80

0.70

2

1.05

1.20

1.00

3

0.95

0.90

1.00

4

1.20

1.11

1.00






a. Calculate MAD for both methods (show your working).

b. Calculate MSE for both methods (show your working).

Probelm 5. a. Using the example of a military uniform manufacturer supplying the NZ Army, Navy Airforce, Police and NZ Fire Service explain the differences between the aggregate production plan and the master production schedule. (You may find diagrams and/or tables useful in answering the question.)

b. The uniform business has to plan its production using the same machining centre for all sewing.  All orders for next year delivery (to be ready for January 30) are received on or before November 20, which is the cut-off date, and production starts on November 30. The business operates 25 days of every month. There is slight variation in the requested delivery dates, and accurate planning is needed to meet the deadlines. Data for this situation is summarised in the table below.

Service

Delivery date

Duration of work (days)

Army

January 13

8

Navy

January 12

16

Airforce

January 25

40

Police

January 14

5

Fire Service

January 14

3

i. Find the order of work using each the four different methods of job ranking - FCFS, EDD, SPT, LPT ?

ii. Explain which method you would use for the best result.

Probelm 6. A contrast in supply chain strategy  is seen when comparing Ooooby and  Eurodell

Visit the company websites and contrast the two approaches outlining the probable differences each business would face in the areas listed below.

a. Purchasing

b. Processing

c. Distribution

Probelm 7. Acting as a business consultant, write a letter to a struggling business person with low productivity, quality problems and a high costs structure to persuade them to consider bringing in JIT under your guidance, for a price of $10,000 over six months.

Reference no: EM13753510

Explain how your citation meets the four elements

The OSHA Field Operations Manual (FOM) and any additional information you can find in OSHA compliance directives or standards interpretations, describe a situation involving

What alternative measures of organizational performance

What alternative measures of organizational performance, besides share prices, do you think might change the focus of business leaders. What do you think the likely impact o

The objective of the process

Identify and provide details regarding the organization for which you will be presenting information about the BPM model. Include the company name, location, size, and prima

Describe their essential inventory characteristics

Determine the types of inventories these companies currently manage and describe their essential inventory characteristics. Analyze how each of their goods and service design

Propose two techniques that changing economic and social

Examine the extent to which the two (2) similar companies you researched have addressed the key issues you selected. Hypothesize two (2) potential positive outcomes for each

What is the reliability of the computer

The guidance system of a ship is controlled by a computer that has three major modules. In order for the computer to function properly, all three modules must function. Two

Write an executive summary identifying appropriate design

Write an executive summary identifying appropriate design approaches for a selected product and service. Pick one service with which you are familiar. Complete three to five

The art of strategic thinking

Formulation and Implementation, The Product, Service, and Organizational Process Focus,The Art of Strategic Thinking, Assignment On Project - Describe the Linking of Projects

Reviews

Write a Review

 
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