Concept of postponement

Assignment Help Operation Management
Reference no: EM133985651

Question

Orion is a global company that sells copiers. Orion currently sells 10 variants of a copier, with all inventory kept in finished-goods form. The primary component that differentiates the copiers is the printing subassembly part. Currently, Orion holds the inventory of all 10 different printing subassembly parts. An idea being discussed is to introduce commonality in the printing subassembly (i.e., all 10 variants of copiers use the same common components) so that inventories can be kept in component form instead of the finished-goods form (i.e.,10 variants of copier).

(1) This conforms to the concept of Postponement as discussed in this subject. Discuss the concept first, and then discuss how it can help Orion in its operations and logistics management. Be specific in your answer.

(2) For Orion, compared to the case without component commonality, how will (a) and (b) below change after using common components for all variants? i.e., will each of them increase, decrease, or remain the same? Explain why.

(a) The response time to customer orders

(b) Safety inventory level.

 

Reference no: EM133985651

Questions Cloud

Discuss the impact of automation on warehouse management : Based on the above and the linkage between warehousing and other logistics activities, discuss the impact of automation on warehouse management.
What does one have to accept and reject to get to deism : What does one have to accept and reject to get to Deism? How is Deist view of God a source of comfort? How does it lack comfort of a personal, redemptive God?
What is your all-time favorite movie and why : What is your all-time favorite movie and why? Write an essay persuading readers to watch this film - Have you ever made a change that improved your life
Cobb-Douglas production function : Assume that a Cobb-Douglas production function is a good representation of France's economy, the substitution effect is stronger than the income effect
Concept of postponement : This conforms to the concept of Postponement as discussed in this subject. Discuss the concept first, and then discuss how it can help Orion in its operations.
Which statements is true of example of conditional statement : If Lewis is older than Darren and Darren is older than Larry, then Lewis is older. Which statements is true of this example of a conditional statement?
Which test says that unclear passages always be interpreted : Which test says that unclear passages should always be interpreted generously and, in particular, a passage should never be interpreted as a bad argument?
Watermelons are cheap in summer and expensive in winter : Watermelons are cheap in summer and expensive in winter, however demand for watermelon is higher in summer
What does the science of reading say : What does the Science of Reading say about teaching high-frequency words? Explain orthographic mapping and its role in word recognition.

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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