Evaluate the management of inventories and resources

Assignment Help Operation Management
Reference no: EM13751139

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:

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

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

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

4. 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.

5. 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.

6. 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.

7. 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 na me, 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: EM13751139

Questions Cloud

Describe business uses for mobile/smart phone technologies. : Describe at least five business uses for mobile/smart phone technologies. Discuss at least four of the characteristics of m-commerce that makes it beneficial to businesses and consumers
Earning zero economic profits : The firms in a perfectly competitive industry had been earning zero economic profits.  However, the firms have recently experienced a large decrease in the cost of energy that enables them to substantially reduce the marginal cost and average total c..
What is the opportunity cost of attending college : According to economic growth theory, the level of the GDP and the rate of the real GDP growth rate have different economic implications about the economic well-being of a country.
Describe your role as an employee of an organization : Briefly describe your role as an employee of an organization in the IS field. Give examples of what you need to know about information systems and how it can help with your job performance
Evaluate the management of inventories and resources : 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 a program to find the largest of five numbers : Write a program to find the largest of five numbers obtained from the user with an input dialog box
Illustrate using a fully labeled supply and demand graph : What is the equilibrium wage and explain what the results of such a move are for the graham cracker market. In other words, will there be a SHORTAGE, a SURPLUS, or neither created? Why?
How much compensation will m receive : c) Assuming the two different prices for S, how much of the two goods will be produced if Fnch has the right to pollute? "the firms are not merged" d) Assuming the two different prices for S , how much of the two goods will be produced if M has the r..
Create a system wide clinical documentation program : Write a 2 page report (paper) on your plan to create and implement a system wide clinical documentation program at your organization

Reviews

Write a Review

Operation Management Questions & Answers

  Determine upper and lower limits for mean and range charts

Checkout time at a supermarket is monitored using a mean and a range chart. Six samples of n = 20 observations have been obtained and the sample means and ranges computed:

  Describe the ideal approach for a project manager to develop

Describe the ideal approach for a project manager to develop optimal estimates for a project's time and costs.

  Focus on mutual engagement

Focus on mutual engagement and shared diagnosis, and her plan to "reorganize HP in order to centralize decision making, revitalize the sales force, trim costs and energize employees."

  Explain how should the device be constructed

An electronic device consists of 3 components. The 3 components are in series so that the failure of one component causes the failure of the device. Explain how should the device be constructed.

  Based on the forecast and customer order information

23. (Total 10 points) Based on the forecast and customer order information provided by the company that manufactures the external protection blocks used in the space shuttle, obtain the master production schedule (using the table below - a copy of th..

  What is your opinion about compensation as a motivator

Does your company's compensation plans help to attract and retain people with the right skills, knowledge and motivation to help the company succeed?

  Explain how his ideas fit into total quality management

explain how Ishikawa has influenced quality practices throughout world; explain how his ideas fit into total quality management; also implications of Ishikawa's ideas for future of quality.

  Describe the company''s supply chain

Describe the company's supply chain. Identify and describe a process internal to the Walmart that you wish to analyze.

  Explain how much could the industry save annually

Illustrate what is a problem identification formulation style for the private security sector. Explain how much could the industry save annually in ordering also carrying costs by utilizing the EOQ.

  Considering the technology we have at our disposal today

Think of all the examples of forecasting you experience on a regular basis; such as the weatherman on TV each night.

  Tools and techniques and simple scalable process

there are four critical success factors that are important for effective risk management,supportive organization, compent people, appropriate methods, tools and techniques, and simple, scalable process.

  Classify the waiting system in which the platform trucks

Due to the space restrictions, loading equipment design also other reasons, the loading itself needs an average of 12 minutes.Classify the waiting system in which the platform trucks are servers.

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