Explain flexible manufacturing system, Operation Management

Assignment Help:

Meile Machine Shop, Inc., has a 1-year contract for the production of 225,000 gear housings for a new off-road vehicle. Owner Larry Meile hopes the contract will be extended and the volume increased next year. Meile has developed costs for three alternatives. They are general-purpose equipment (GPE), flexible manufacturing system (FMS), and expensive, but efficient, dedicated machine (DM). The cost data follow:


Related Discussions:- Explain flexible manufacturing system

Describe what''s an effective mission statement, What's an effective missio...

What's an effective mission statement for the Chattanooga Ice Cream Division?

Explain groups impact health care quality, Identify and discuss how these g...

Identify and discuss how these groups impact health care quality and patient safety: federal oversight agencies, accrediting bodies, and consumers.

Organizational goals, outline major benefits of organizational goals and d...

outline major benefits of organizational goals and describe the situation in which have observe the benefiys

#titlecapacity and location planning, ..explain the relationship of capacit...

..explain the relationship of capacity and location planning

Compute quantity is a fractional amount, The Bluegrass Distillery produces ...

The Bluegrass Distillery produces custom-blended whiskey. A particular blend consists of rye and bourbon whiskey. The company has received an order for a minimum of 400 gallons o

Explain offensive strategies for blockbuster, Will new competition for Redo...

Will new competition for Redox and digital content providers force blockbuster to alter its strategy? If yes, what are the offensive strategies for blockbuster? If not, what are th

Significance of designing for profit in product development, Discuss the im...

Discuss the importance of designing for profit in product development. What happens when there is distortion in these goals?

What percent compounded annually, How much should be deposited now at 8% co...

How much should be deposited now at 8% compounded semi-annually to make a possible equal withdrawal of $5,000 at the end of each year for 5 years, the first withdrawal to be made 1

Why is it vital for a leader to be able to manage cultuers, Why is it impor...

Why is it important for a leader to be able to manage across cultures? Communicate your thoughts on the following statement: Leaders who cannot understand cultural differences in p

A firm plans to start production of a new small appliance, A firm plans to ...

A firm plans to begin production of a new small appliance. The manager must decide whether to purchase the motors for the appliance from a vendor at $7 each or to produce them in-h

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