Metrics for production processesas the company manychip

Assignment Help Management Information Sys
Reference no: EM13358633

Metrics for production processes

As the company Manychip examines various methods to assess its performance and design processes, it is looking for an analysis of the existing workflow production process and the factors that most directly impact such measurements. As a review, the most common metrics for production processes are as follows:
Quality: the number of defects associated with a given product
Cost: material and labor costs
Timeliness: how quickly products are manufactured and delivered
Flexibility: the degree to which the production process can be adapted to produce other products or specific products more quickly
Productivity: a ratio of outputs divided by inputs
Efficiency: a ratio of actual outputs divided by standard (or expected) outputs, multiplied by 100% to give a total efficiency percentage
Cycle Time: the total time it takes to complete a production process
Theory of Constraints and Queuing Theory

1. Explain how each measure can be applied to Manychip's production planning process - can the company use each one? How?
2. Rank the criteria listed above in order of importance to Manychip's production planning strategy, detailing your rationale for such a ranking.
3. Identify other measures that might apply to Manychip and explain them.

Reference no: EM13358633

Questions Cloud

An industry is composed of 20 firms all with equal sales : an industry is composed of 20 firms all with equal sales. the herfendahl index ratio in this industry is a.1000 b.500
Operations management product development amp qualitylist : operations management product development amp qualitylist four types of focus dimensions used in operations
Command and control mechanism for operational feedbackwrite : command and control mechanism for operational feedbackwrite about a fictional company my team has created that is
Explain the concept of ldquobusiness ethicsrdquo critically : explain the concept of ldquobusiness ethicsrdquo. critically discuss the term ldquocomplex ethical dilemmardquo.
Metrics for production processesas the company manychip : metrics for production processesas the company manychip examines various methods to assess its performance and design
Change resistancein your own words please answer the : change resistancein your own words please answer the following there are many sources for change resistance. in
Selection process of an erp solutionduring the selection : selection process of an erp solutionduring the selection process of an erp solution like oracle or sap who are normally
Question about aspwhat are asps how have they become an : question about aspwhat are asps? how have they become an important element of e-business? what is their implication for
Critical-thinking questions1 as a member of a management : critical-thinking questions1. as a member of a management team reviewing an operations improvement plan what

Reviews

Write a Review

Management Information Sys Questions & Answers

  Information technology and the changing fabric

Illustrations of concepts from organizational structure, organizational power and politics and organizational culture.

  Case study: software-as-a-service goes mainstream

Explain the questions based on case study. case study - salesforce.com: software-as-a-service goes mainstream

  Research proposal on cloud computing

The usage and influence of outsourcing and cloud computing on Management Information Systems is the proposed topic of the research project.

  Host an e-commerce site for a small start-up company

This paper will help develop internet skills in commercial services for hosting an e-commerce site for a small start-up company.

  How are internet technologies affecting the structure

How are Internet technologies affecting the structure and work roles of modern organizations?

  Segregation of duties in the personal computing environment

Why is inadequate segregation of duties a problem in the personal computing environment?

  Social media strategy implementation and evaluation

Social media strategy implementation and evaluation

  Problems in the personal computing environment

What is the basic purpose behind segregation of duties a problem in the personal computing environment?

  Role of it/is in an organisation

Prepare a presentation on Information Systems and Organizational changes

  Perky pies

Information systems to adequately manage supply both up and down stream.

  Mark the equilibrium price and quantity

The demand schedule for computer chips.

  Visit and analyze the company-specific web-site

Visit and analyze the Company-specific web-site with respect to E-Commerce issues

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