Describe what your competitors are doing

Assignment Help Operation Management

Reference no: EM131963174

Choose one of the following two assignments to complete this week. Do not complete both assignments.

Identify your assignment choice in the title of your submission. Note that while there are two options for this Critical Thinking Assignment, there is only one grading rubric. Review the rubric to confirm that you are meeting the assignment requirements.

Option #1: Review the Capsim Mini-Case Study entitled "Production"

The Capsim simulation is designed to offer you a strategic perspective on the interaction between decisions and operational results. When making Capsim decisions, your team must be alert to the potential challenges associated with production capacity.

Many businesses fail to recognize the organizational constraints that may limit growth and create a business risk.

Review the Capsim Mini-Case Study entitled "Production."

Consider the following questions to ensure you have the necessary production capacity to meet your Capsim team goals:

How can you optimize the limited resources your company has available in order to meet demand?

Should you hire more employees?

Should you utilize forced overtime?

Is there increased investment in automation?

Should you bring in additional production equipment?

What is your strategy to ensure adequate capacity, and what are the possible financial consequences for the company?

Address each of these considerations in your paper.

Your paper should meet the following requirements:

Be 5-6 pages in length, excluding the title and references pages.

Be formatted according to the CSU-Global Guide to Writing & APA.

In addition to course resources, use the CSU-Global Library to find three additional resources to support the position you take.

Be sure to check out the CSU-Global Online Research and Writing Lab. Here you can find:

Option #2: Review the Capsim Mini-Case Study entitled "Strategy"

In the Capsim simulation, you receive clear information about customers' requirements and how they change over time. This allows you to anticipate exactly where a new product should be placed to best capture market share throughout the simulation. Even knowing that, however, doesn't make the implementation simple.

Review the Capsim Mini-Case Study entitled "Strategy."

Consider the following important topics:

Describe what your competitors are doing.

Analyze other products in the market.

Evaluate the resources needed to design and market the product.

Compare the capacity needed to build the product with the available capacity.

Address each of these four elements in your paper.

Your paper should meet the following requirements:

Be 5-6 pages in length, excluding the title and references pages.

Be formatted according to the CSU-Global Guide to Writing & APA.

In addition to course resources, use the CSU-Global Library to find three additional resources to support the position you take.

Be sure to check out the CSU-Global Online Research and Writing Lab.

Attachment:- Mini-Cases_Production.rar

Reference no: EM131963174

Questions Cloud

What is the cost of this vacation in today dollars : What is the cost of this vacation in today's dollars if the discount rate is 4 %?

How society views type-two diabetes : How society views Type 2 diabetes? Discuss Making the right decisions to live a healthy life. Compliance with treatment regimens.

What is the real rate of return on these bonds : The current rate of inflation is 2.1 %. What is the real rate of return on these bonds?

What interventions are considered best practices : Choose an at risk population. What interventions are considered best practices with this population? Why? When working with vulnerable populations.

Describe what your competitors are doing : Evaluate the resources needed to design and market the product. Compare the capacity needed to build the product with the available capacity.

Discuss the impact this disease has on society : Discuss the impact this disease has on society as it relates to the business of health care and the use of its resources.

What is expected five year net present value : What is the expected 5-year net present value?

How you would strategize to keep a balanced budget : Evaluate how you would strategize to keep a balanced budget for all 12 months in a year using a flexible budget rather than a static budget.

How the services and products are financed or paid for : How the services and products are financed or paid for.Identify current and future trends that may have an impact on this provider of health care services.

User Account

All Pages