Develop measures and assess outcomes against plans

Assignment Help Management Theories
Reference no: EM133732769

Purpose

In this project, you will understand the importance of the control function in a manufacturing business. You will compare actual performance with desired production standards, measure progress toward company goals, and address deviations in performance through corrective action.

Outcome Met by Completing This Assignment

Develop measures and assess outcomes against plans and standards to improve organizational effectiveness.

How to Set Up the Paper

Create a Word or Rich Text Format (RTF) document that is double-spaced using 12-point font. The final product will be 5-6 pages in length, excluding the title and reference pages.

Create a title page with a title, date, course number and section, your name, and the instructor's name.

Scenario

The following chart displays the results of the first year's production of the, Lacks Tracks Cycles, an electric-powered chopper-style motorcycle produced by Lacks Tracks Cycles to compete with Harley-Davidson's Electra Glide. The metrics table below was created from data supplied by Lacks Tracks Cycles five (5) plants. The purpose of the table is to provide data for management to decide what controls and actions are needed to increase production efficiency.
You recently joined the Lacks Tracks Cycles' headquarters staff as a quality assurance associate. Your manager has requested you to analyze the first year's motorcycle production results. This information will be used by management to evaluate and improve overall production efficiency.

Lacks Tracks Cycles is known for producing high-quality products at reasonable prices. They plan to compete against Harley's top-end model by developing superior production efficiency that will allow them to price significantly below Harley Davidson's Electra Glide model.

The chart below lists the desired production standards and the actual production metrics for each stage of the electric motorcycle's manufacturing process that must be completed to determine the overall production efficiency at each of Lacks Tracks Cycles' five (5) production facilities.

A comparison of the production standard to the actual production outcomes using all the relevant metrics allows management to determine which of its facilities is the most efficient producer of the electric motorcycle. This knowledge will help Lacks Tracks Cycles' management team to determine what controls need to be put into place at their various production plants to match the production efficiency of their most efficient plant. More efficiency means higher production at lower per unit (cycle) costs.

Reference no: EM133732769

Questions Cloud

Examine a newspaper-based topic of your choosing : The paper for this course will be tested on examining a newspaper-based topic of your choosing.
Explain the theory of there being two genesis stories : Explain the theory of there being two Genesis stories concerning creation.
What were cultural growth and creation of a global market : What were the connections between cultural growth and the creation of a global market?
What were the medical understanding : What were the medical understanding/development, and other aspects of technology, religion, culture, military strategies, and others, in history
Develop measures and assess outcomes against plans : Develop measures and assess outcomes against plans and standards to improve organizational effectiveness.
Ethics of Globalisation : Describe to your tutorial class the importance of online shopping amongst your peer group. In your view is the homogenisation of cultures a moral issue?
Explain one example to support view that ww-ii was fought : Briefly explain one example to support the view that World War II was fought to preserve democracy and human rights against criminal regimes.
What are some of the current best instructional practices : How will you, as an instructor, determine what content should be included in a course and what should be left out?
How was immigration debate in america reframed after 9-11 : Your reading of the textbook and other sources, including the report "The 9/11 Effect", how was the immigration debate in America reframed after 9/11?

Reviews

Write a Review

Management Theories Questions & Answers

  Learning in action

Learning contract proposal that will form the basis of your learning contract report.

  Change is the only constant

"Change is the only constant " Evaluate the different types of change that have occurred in Sony.

  How do advertisers try to use group influence

How do advertisers try to use group influence?  Will you find any specific examples and explain the relevant theory of group behavior and influence?

  Case study:saving sony

You have been appointed by Sony as a consultant on change management. Advise Sony on how they could implement the change by using the various theories of change you have learnt.

  How the stock market works

The purpose of this project is to help you to gain an understanding of how the stock market works and of the relationship between theory and practice.

  Find the optimal production quantities

Find not only the optimal production quantities, but also the optimal total cost.

  Describe the management process

Describe the management process and identify the skills required to manage business organizations.

  Case study : bert''s bonsai and aquatic sport museum

Case Study : Bert's Bonsai and Aquatic Sport Museum Prepare a knowledge management system.

  Knowledge management techniques

Demonstrate understanding of the many-sided nature of knowledge management

  Theory of transtheoretical model

Demonstrate understanding of the many-sided nature of knowledge management

  Write a paper on historical trends of management

Write a paper on Historical Trends of Management.

  Theory of reasoned action

Theory of Planned Behavior and Integrated Behaviors Model

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