Explain and discuss the six categories of costs

Assignment Help Operation Management
Reference no: EM131202782

Select a product from a product-based firm and answer these questions regarding your selection:

Explain and discuss the six categories of costs.

Explain and discuss how an organization can benefit from a focus on total cost of ownership.

Explain and discuss relevant costs.

Explain and discuss the following:

Downtime costs
Cycle time costs
Conversion costs
Non-value-added costs
Supply chain costs
Product liability costs
Customer satisfaction costs

Instructions:

Your essay will require an organizational structure that includes the introduction section, conclusion section, and individual sections that address each of questions noted above.

Write a 3- to 4-page paper (page count doesn't include the required title and reference pages).

Your paper must be properly cited and formatted according to the CSU-Global Guide to Writing and APA Requirements.

This is an individual paper and you must adhere to CSU-Global's Re-Using and Re-Purposing One's Own Work guidelines.

You must support your analysis with at least four scholarly references. Sources such as Wikipedia, USA Today, Fox News, or MSNBC news do not qualify as scholarly references.

Reference no: EM131202782

Questions Cloud

Describe the specific type of od intervention strategy : Provide a brief scenario where it may be preferable to utilize an OD consultant. Then, using both the course materials and your experiences, describe the specific type of OD intervention strategy that may be best utilized in the scenario, along w..
How many address bus lines are needed : If we have 256 memory locations, how many address bus lines are needed? How many memory locations can be selected using a 16-bit address bus?
What is your attitude toward living in the global village : What is your attitude toward living in the global village?- how would you feel about packing up and moving there for several years?
What is the minimum sampling frequency : If a piece of music in which the highest frequency is 10 kHz is to be converted to digital form, what is the minimum sampling frequency?
Explain and discuss the six categories of costs : Explain and discuss the six categories of costs. Explain and discuss how an organization can benefit from a focus on total cost of ownership. Explain and discuss relevant costs.
Discuss the upward and downward communication channels : Discuss the upward and downward communication channels you have experienced here at the University.- Identify any problems in organizational communication you have seen.
Classify the nature of leadership development programs : Explain how leaders develop through self-awareness and self-discipline. Explain how leaders develop through education, experience, and mentoring. Explain and classify the nature of leadership development programs.
Develop a list of key objectives that foster innovation : Analyze the most important value points in terms of process, products, and services. Assess the organization's competitive position and possibilities. Analyze the structure, logistics, and facility location of the organization.
How communication different when first meet a stranger : How is your communication different when you first meet a stranger, when you get to know the person and find something in common, and when you get to be good friends?

Reviews

Write a Review

Operation Management Questions & Answers

  Define the maximum number of doughnuts

Describe what would be the capacity of the doughnut production operation that you are envisioning. In other words, describe what would define the maximum number of doughnuts that you could produce per hour.

  Improving leadership effectiveness

The Sexton Company is a large, successful manufacturer of auto parts. The company has had a policy of actively supporting its employees in their self-development efforts. They either paid tuition or gave employees time off to attend seminars. Ms. Sch..

  List and describe the strategies

List and describe the strategies that can be used to overcome resistance to change.

  Effectiveness of staffing process for entry-level jobs

In developing a report on the effectiveness of a staffing process for entry-level jobs, what factors would you address and why?

  What is the phenomenon of interest

What connection do you have to this topic, and why do you think it is important to explore this as a qualitative study? What possibilities could the results of this research have for social change?

  Important information about research methodology

Gathering and using the most helpful quality web and other written resources for the researching and carrying out project, especially from industry sources.

  Define the characteristics of effective goals

Managerial goals and plans are very important to a business’ success. Define goals and plans and explain the relationship between them with the class. Define the characteristics of effective goals. Explain the concept of organizational mission and ho..

  Efficiency of the production operation

What would you expect the layout of a producing facility to look like (in other words, what is the process layout for such an operation). What would determine when someone had finished working on one of these products (in other words, how would so..

  When determining whether procedural unconscionability exists

When determining whether procedural unconscionability exists, what factor with the court not take into consideration:

  Medium-sized firm manufacturing digital alarm clocks

You are asked for advice by the owner of a medium-sized firm manufacturing digital alarm clocks. He thinks there is a market for his product in the BRIC countries. How would you advise him on what to look for first?

  Find the current exchange rates

The Wall street Journal reported the following spot and forward rates for Swiss Franc, Find the current exchange rates for ten countries from around the world. List the name of each country, Capital City, exchange rate per U.S. dollar and what will b..

  Objectives of the writing change as the audience changes

When writing to an audience, how might the purpose or objectives of the writing change as the audience changes? Please give an example.

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