The production manager advises the manufacturer

Assignment Help Operation Management
Reference no: EM1385966

A Manufacturer of motorcycles buys spark plugs at Rs.15 each. Now he wishes to manufacture the plugs in his own factory. The estimated cost for the manufacture of spark plugs is around Rs.50,000=00 and the variable cost comes to Rs.5 per spark plug. The Production Manager advises the Manufacturer that the factory should go for manufacturing instead of procuring them from the open market.List out reasons for the decision of the Production Manager backed up by the necessary data.

Reference no: EM1385966

Questions Cloud

Efficiency considering adjustments changeover of patterns : The stamping operation takes 1 minute per T-shirt, and the stamping machines are expected to have 90 percent efficiency considering adjustments, changeover of patterns, and unavoidable downtime. How many stamping machines are required?
Hypothesis testing using ols and robust regression : How does the efficiency of a regression predict the power of the t-test? How do robust standard errors change the comparison between hypothesis testing using OLS and robust regression? What does dependence in the e do to the t-test? what does non-no..
Alcohol conversion in human body : Ethanol in the body is oxidized to acetaldehyde by liver alcohol dehydrogenase. Other alcohols are also oxidized by LADH. For example, methanol, which is mildly intoxicating.
Examine work-related project using systems analysis : Create 4-6-page paper which examines work-related project which used systems analysis for selected business system at department or division level.
The production manager advises the manufacturer : The Production Manager advises the Manufacturer that the factory should go for manufacturing instead of procuring them from the open market.
Accuracy or inaccuracy of sensory information : Discuss some reasons for believing in the accuracy or inaccuracy of sensory information. Identify and describe some factors contributing to the accuracy or inaccuracy of sensory data.
Standard deviation of the total luggage weight : If there are 12 business-class passengers and 50 tourist-class passengers on a particular flight, what are the expected value of total luggage weight and the standard deviation of the total luggage weight?
Limitations of materials requirement planning : Assuming that the current turnover and profits of both the units are comparable, compare the relative benefits and limitations of Materials Requirement Planning (MRP) for these two businesses
Examining viewpoints influenced by philosophy : What is your take either on politics, religion, science, culture, or even the media and entertainment-that might be observed as being associated to philosophy.

Reviews

Write a Review

Operation Management Questions & Answers

  Illustrate kinds of things would likely requisite forecasts

Illustrate what kinds of things would likely requisite forecasts. Illustrate what inventory items does Hazel probably have. Name one inventory decision she has to make periodically.

  What is the epmo metric and what sigma level

what is the epmo metric and what sigma level does it correspond to?

  Rolf steps is the production manager for a manufacturing

Rolf Steps is the production manager for a local manufacturing firm. This company produces staplers and other items. The holding cost is $2 per unit per year

  Llustrate what steps would you take before hiring

Suppose you want to build a fitness club. Illustrate what steps would you take before hiring or even talking to an architect.

  Illustrate what software tools are available to help plan

Describe a common process related to supply chain management. Illustrate what software tools are available to help plan the process.

  Illustrate what is the probability that the project

Illustrate what is the probability that the project will be finished in less than 57 days. Illustrate what is the probability that the project will desire at least 50 days.

  Illustrate what are the ethical issues in this situation

The senior human resource executive conducted an inspection of international operations also became concerned with less positive treatment of foreign workers in one of the organization's plants also in a supplier's factory. Illustrate what are the..

  Illustrate what are the three basic ways to organize project

Illustrate what are the three basic ways to organize project teams? Briefly identify also describe an advantage also disadvantage for each.

  Formulate business-level corporate also global strategies

Formulate also implement business-level corporate also global strategies. Compose, prepare also recommend strategies to achieve also sustain competitive market profile.

  Illustrate what strategy is most appropriate

Illustrate what strategy is most appropriate. Illustrate what assessments also analyses should the organization conduct. Illustrate what barriers also obstacles would you expect.

  Illustrate what is the activitys slope

Given that an activity's normal time also cost are ten days also $400 also its crash time also cost are five days also $800, illustrate what is the activity's slope.

  What is the average number of bags on hand

A large bakery buys flour in 25-pound bags. The bakery uses an average of 5 bags a day. The bakery operates 243 days a year

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