Create a semiannual production plan for your new business

Assignment Help Operation Management
Reference no: EM131802025

ASSIGNMENT

Create a semiannual production plan for your new business idea, product, or service using notional demand and inventory data.

This initial production plan is based on the toys & games market estimates of what you intend to sell and produce for the company Amazon.

Create a production plan that is supported by your market forecasts, and that is the purpose of this assignment.

Prompt: The plan should be submitted in a basic tabular (spreadsheet) format. It must include the following:

· Estimate the labor hours consumed.

· Estimate the number of worker requirements considering a standard work week, current inventory levels, receipts of new inventory during each month, and varying demand levels for each month of production.

Specifically, the following critical elements must be addressed:

· Create a semiannual production plan using notional demand and inventory.

· Estimate the labor hours consumed. (Note: Display information in a basic tabular spreadsheet format and place within the body of Word document assignment)

· Estimate the number of worker requirements considering a standard work week, current inventory levels, receipts of new inventory during each month, and varying demand levels for each month of production. (Note: Display information is a basic tabular spreadsheet format and place within the body of Word document assignment)

Paper Requirements: This short paper should adhere to the following formatting requirements: it is submitted as a Word document, 1 to 2 pages (not including title and reference pages), double-spaced, using 12-point Times New Roman font and one-inch margins. All APA citations should reference at least two additional resources.

Reference no: EM131802025

Questions Cloud

Why should organizations help individuals manage stress : Why should organizations help individuals manage stress? Isn't stress the individual responsibility?
Calculate the change in labor and multifactor productivity : 1. Calculate the change in labor and multifactor productivity if Eiskaffee is added to the menu.
Disaster recovery planning : What elements do you believe should be included in Disaster Recovery planning and why?
Distinguish between a group and a team : Please watch the following video by Edward Muzio, CEO of Group Harmonics and author of Make Work Great, regarding high performing teams.
Create a semiannual production plan for your new business : Create a production plan that is supported by your market forecasts, and that is the purpose of this assignment.
How could you get subjects to accurately report : How could you get subjects to accurately report how they have used other's decisions in making their own?
Useful tool for measuring progress : Why might the burn up chart be a more useful tool for measuring progress? What other tools might be useful?
Ratio frequency inventory tags : National Scan, Inc., sells ratio frequency inventory tags. Monthly sales for a 6-month period were as follows:
Discuss the single most important factor : Write a one to two (1-2) page paper in which you discuss the single most important factor that must be considered when selecting a project.

Reviews

Write a Review

Operation Management Questions & Answers

  Assume now that carwash had been using the regression

assume now that CarWash had been using the regression model in forecasting. What would you conclude about its performance? Show details for updated MAD calculations

  Calculate the annual holding cost

The catering manager of LaVista Hotel, Lisa Ferguson, is disturbed by the amount of silverware she is losing every week. Last Friday night, when her crew tried to set up for a banquet, they did not have enough knives.

  What is the tax-free equivalent municipal interest rate

Suppose that the interest rate on a taxable corporate bond is 9% and that the marginal tax is 25%. Suppose a tax-free municipal bond with a rate of 6.45% were available. What is the tax-free equivalent municipal interest rate to this corporate bond? ..

  What are the different levels of diversification firms

What are the different levels of diversification firms can purpsue by using different corporate level strategies and what are the advantages to diversifying their operations?

  Discuss the impact of your product and service

· Describe who uses the product/service, and how it works. Discuss the impact of your product, service, or application on quality of care, quality of life, cost of care, and access.

  Why is it so important that we anticipate change

Why Is It So Important That We Anticipate Change? What do you think of the approach to change espoused by Don Edwins?

  Designed to choose optimal cutting plan for the shop

Formulate a linear programming model designed to choose an optimal cutting plan for the shop.

  Discuss the importance of customer satisfaction

Discuss the importance of Customer Satisfaction in our industry today and explore how successful retailers are using Social Networks as a competitive advantage

  How would you handle negative exchange

How would you handle a negative exchange? For example, if you have to write an email in which you express your concerns or your frustrations with certain things, then how would you approach that?

  The central problems of differentiating an organization

In your view what are the central problems of differentiating an organization? What are the alternative forms of differentiation that may have to be accomplished on several levels simultaneously?

  Most conflict between team members on an it project

Schedule issues often cause the most conflict between team members on an IT project.

  Risk for ethical dilemmas of some kind

Organizations are always at risk for ethical dilemmas of some kind. What other fields are at risk?

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