Evaluate the management of inventories and resources

Assignment Help Operation Management
Reference no: EM131179186

Research two (2) manufacturing or two (2) service companies that manage inventory and complete this assignment.

Write a six to eight (6-8) page paper in which you:

Determine the types of inventories these companies currently manage and describe their essential inventory characteristics.

Analyze how each of their goods and service design concepts are integrated.

Evaluate the role their inventory plays in the company's performance, operational efficiency, and customer satisfaction.

Compare and contrast the four (4) different types of layouts found with each company; explain the importance of the layouts to the company's manufacturing or service operations.

Determine at least two (2) metrics to evaluate supply chain performance of the companies; suggest improvements to the design and operations of their supply chains based on those metrics.

Suggest ways to improve the inventory management for each of the companies without affecting operations and the customer benefit package. Provide a rationale to support the suggestion.

Use at least three (3) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources.

Your assignment must follow these formatting requirements:

Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.

Include a cover page containing the title of the assignment, the student's name, the professor's name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

The specific course learning outcomes associated with this assignment are:

Evaluate the processes used in designing and producing goods and services.

Determine four layout patterns and when they should be used.

Utilize the concept of supply chain management.

Employ the concept of capacity management.

Evaluate the management of inventories and resources.

Use technology and information resources to research issues in operations management.

Write clearly and concisely about operations management using proper writing mechanics.

Reference no: EM131179186

Questions Cloud

Collection or aggregation of tasks : Job is defined as a collection or aggregation of tasks, duties and responsibilities which as a whole, are regarded as a regular assignment to individual employees .Explain the two grades of how job may be assigned to employees in an organization.
Compare impact of incentive pay on total compensation : Compare the impact of incentive pay on the total compensation of Wal-Mart's CEO and thecompany's average workers. Does the difference in the way pay is structured at these twolevels make business sense? Why or why not?
Evaluate the management of inventories and resources : Compare and contrast the four (4) different types of layouts found with each company; explain the importance of the layouts to the company's manufacturing or service operations.
Show that the train stops at all stations : There are infinitely many stations on a train route. Suppose that the train stops at the first station and suppose that if the train stops at a station, then it stops at the next station. Show that the train stops at all stations.
Evaluate the management of inventories and resources : Compare and contrast the four (4) different types of layouts found with each company; explain the importance of the layouts to the company's manufacturing or service operations.
What are the best hues to use for the bridesmaids bouquets : What are the best hues to use for the bridesmaids' bouquets? Which of the following groups of flowers would be the most appropriate to use for the bridesmaids' bouquets?
An obligation to carry on a family business : Should a son or daughter feel an obligation to carry on a family business?-  What is the source of such a feeling?
Prove that this golfer plays every hole on the course : Suppose that you know that a golfer plays the first hole of a golf course with an infinite number of holes and that if this golfer plays one hole, then the golfer goes on to play the next hole. Prove that this golfer plays every hole on the course..
Evaluate the management of inventories and resources : Compare and contrast the four (4) different types of layouts found with each company; explain the importance of the layouts to the company's manufacturing or service operations.

Reviews

Write a Review

Operation Management Questions & Answers

  Suitable example based on a hypothetical situation

Mention the trouble-shooting actions for healthcare teams. If you are a Manager of a health care team, how will you deal with a difficult team member, answer using a suitable example based on a hypothetical situation? (use your own words)

  Ethical practices to prevent fraud and abuse

In your post, critique legal and ethical practices to prevent fraud and abuse. Have the practices been effective in reducing or preventing fraud and abuse? How does fraud and abuse impact the costs of healthcare?

  How health care charging and pricing processes

How health care charging and pricing processes are different from those in other industries. How private and government insurers and payers impact actual reimbursement.

  How sensitive is the network schedule

You are creating a customer database for the Modesto Nuts minor league baseball team. Draw a project network given the information below. Complete the forward and backward pass, compute activity slack, and identify the critical path. How long will th..

  What must be the map coordinates of the new factory graph

a manufacturer of oak barrels has factories in an area at the location coordinates provided in the following table.

  Discuss which kinds of international strategies

When companies expand into the international arena, they do so either because their home market has matured or because they see real opportunities in the foreign market. Discuss which kinds of international strategies are most appropriate for compani..

  What do the productivity figures suggest

Compute the multifactor productivity measure (output in sales dollars) for each week using the data provided below for the production of chocolate bars. Assume 45-hour weeks and an hourly wage of $14. Overhead is 2.5 times the total weekly labor cost..

  Challenges of achieving sustainable competitive advantage

Develop a concept for a new restaurant business. You may choose to develop your concept as a local, regional, or national company—but in all cases, you must plan to open a restaurant in your local area. What are the challenges of achieving sustainabl..

  Resources and capability are core competencies

Describe four criteria used to determine whether resources and capability are core competencies. The four criteria are valuable, rare, costly to imitate, and non-substitutable.

  What aspect of strategy formulation

What aspect of strategy formulation do you think requires the most time? Why?

  Differences between related and unrelated diversification

What are the differences between related and unrelated diversification? Why would an organization select a related or unrelated diversification strategy over the other? Explain with examples of related and unrelated diversification.

  Restrictive employment agreement

You are a salesperson for a car dealership in St. Louis. 99 percent of your sales are to residents living within 20 miles of the Arch. You are bound by a restrictive employment agreement that contains a covenant not to compete. It prohibits you, afte..

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