Evaluate the management of inventories and resources

Assignment Help Operation Management
Reference no: EM131179188

Research two (2) manufacturing or two (2) service companies that manage inventory and complete this assignment.

Write a six to eight (6-8) page paper in which you:

Determine the types of inventories these companies currently manage and describe their essential inventory characteristics.

Analyze how each of their goods and service design concepts are integrated.

Evaluate the role their inventory plays in the company's performance, operational efficiency, and customer satisfaction.

Compare and contrast the four (4) different types of layouts found with each company; explain the importance of the layouts to the company's manufacturing or service operations.

Determine at least two (2) metrics to evaluate supply chain performance of the companies; suggest improvements to the design and operations of their supply chains based on those metrics.

Suggest ways to improve the inventory management for each of the companies without affecting operations and the customer benefit package. Provide a rationale to support the suggestion.

Use at least three (3) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources.

Your assignment must follow these formatting requirements:

Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.

Include a cover page containing the title of the assignment, the student's name, the professor's name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

The specific course learning outcomes associated with this assignment are:

Evaluate the processes used in designing and producing goods and services.

Determine four layout patterns and when they should be used.

Utilize the concept of supply chain management.

Employ the concept of capacity management.

Evaluate the management of inventories and resources.

Use technology and information resources to research issues in operations management.

Write clearly and concisely about operations management using proper writing mechanics.

Reference no: EM131179188

Questions Cloud

Explain biological principles that underlie the technology : Biological basis. Describe the technology. Discuss what it accomplishes. Describe how exactly the technology works. Discuss the biological principles that underlie this technology.
New approach to disability management : Read : "A New Approach to Disability Management" and "Advancing Disability Management".  http://www.matrixconsulting.ca/pdf/ANewApproacharticle.pdf
Collection or aggregation of tasks : Job is defined as a collection or aggregation of tasks, duties and responsibilities which as a whole, are regarded as a regular assignment to individual employees .Explain the two grades of how job may be assigned to employees in an organization.
Compare impact of incentive pay on total compensation : Compare the impact of incentive pay on the total compensation of Wal-Mart's CEO and thecompany's average workers. Does the difference in the way pay is structured at these twolevels make business sense? Why or why not?
Evaluate the management of inventories and resources : Compare and contrast the four (4) different types of layouts found with each company; explain the importance of the layouts to the company's manufacturing or service operations.
Show that the train stops at all stations : There are infinitely many stations on a train route. Suppose that the train stops at the first station and suppose that if the train stops at a station, then it stops at the next station. Show that the train stops at all stations.
Evaluate the management of inventories and resources : Compare and contrast the four (4) different types of layouts found with each company; explain the importance of the layouts to the company's manufacturing or service operations.
What are the best hues to use for the bridesmaids bouquets : What are the best hues to use for the bridesmaids' bouquets? Which of the following groups of flowers would be the most appropriate to use for the bridesmaids' bouquets?
An obligation to carry on a family business : Should a son or daughter feel an obligation to carry on a family business?-  What is the source of such a feeling?

Reviews

Write a Review

Operation Management Questions & Answers

  Locate the articles on these topics on wikipedia

Think of three topics that interest you. Locate the articles on these topics on Wikipedia and comment on their usefulness and accuracy. Which article is the most reliable? Which is the least reliable?

  Which activities are on the critical path

A3 - B11 - C7 A D 13 B, C E10 B F6 D G5 E H 8 F, G b. Calculate the slack for each activity. Which activities are on the critical path?

  How does it fulfill the expectations of that genre

How does it fulfill the expectations of that genre? How does it play against these expectations?

  Marketing mix and market segmentation-leadership

What are (or were) key factors behind Twitter’s early success? What are current threats, opportunities? • When answering this question, please perform a SWOT of Twitter using at least any 3 of the following organizational functions: 1) marketing mix ..

  What is the implied range of unit overage cost per washer

Demand for carpet washers at a Publix store in Gainesville is shown in the following: Demand (units/day) (0, 1, 2, 3, 4, 5) and Probability (0.25, 0.15, 0.20, 0.25, 0.10, 0.05) respectively. Assuming that Publix’s stocking decision is optimal, what i..

  Write down a 350- to 500-word response in which you 1 list

write a 350- to 500-word response in which you 1 list the literary works in your current personal literary canon 2

  Describe the importance of leadership

Describe the importance of leadership and provide examples of your leadership style and leadership that you demonstrate in your school, communities or work.

  What position about the precautionary principle

The European Community holds what position about the precautionary principle?

  Job of managing labor relations with its union

Should Boeing simply do a better job of managing labor relations with its union? If you say yes, how should it go about doing a better job? If you say no, explain why you do not think that it will be effective.

  Theories of employee motivation and work performances

Create a 7 - 10 slide PowerPoint presentation aimed at convincing an employer to seek a diversified target group of workers. Suggestions for topics to include are listed below: Theories of Employee Motivation and Work Performances

  Explain the pros and cons of using simulation modeling

Under what conditions would you choose to use a simulation model? What is the simulation process? Explain the pros and cons of using simulation modeling

  Part-111 compare and contrast different organizational

part-11.1 compare and contrast different organizational structures and cultures1.2 illustrate how the relationship

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