What types of projects at company would favor pert over cpm

Assignment Help Operation Management
Reference no: EM131151617

I. Generating Value

A. Evaluate how the company in the case study uses operations management functions to provide products and generate value for its customers. Support your claims with examples from the case study or outside sources. ---Insert updated response from MS 1. Be sure to include the updates requested from the prior submission, even if you earned full credit as these are graded more rigorously.

B. Assess how this company achieves a competitive advantage using operations management. Provide examples found in the case study or outside sources to support your reasoning. ---- Insert updated response from MS 1. Be sure to include the updates requested from the prior submission, even if you earned full credit as these are graded more rigorously.

C. Compare and contrast service operations and manufacturing operations at the company in the case study. How are they the same? How do they differ? How does each of these operations provide value for their customers? --- Insert updated response from MS 1. Be sure to include the updates requested from the prior submission, even if you earned full credit as these are graded more rigorously.

II. Theories and Techniques
A. Explain how gross-to-net calculations are processed for material requirements planning (MRP). What specific input files would the company in the case study need to include in this process for a successful MRP? How would you use the MRP information to improve the operations as the manager of this company? ---MS Final. Look at page 554. The MRP description in the margin touches on the specific input files.

B. Compare and contrast the critical path method (CPM) and the program evaluation and review technique (PERT). What types of projects at this company would favor PERT over CPM? Why? What types of projects at this company would favor CPM over PERT? Why? --- Insert updated response from MS 1. Be sure to include the updates requested from the prior submission, even if you earned full credit as these are graded more rigorously.

C. Explain the four primary priority rules for job sequencing. In what instances at the company might each rule be most advantageous? When would each rule be most disadvantageous? Support your claims with citations from your textbook or outside sources. ---MS Final. Look at page 599. Those are the priority rules we are looking for here. A brief description of what each of these are with a positive and negative application.

D. Explain the five steps of the theory of constraints (TOC) process. To what processes might the company in the case study apply TOC? Why would applying TOC to these processes be advantageous? --- Insert updated response from MS 2. Be sure to include the updates requested from the prior submission, even if you earned full credit as these are graded more rigorously.

E. Explain the steps used to develop a forecasting system. How would these steps be specifically utilized by this company? What do you predict would be the result of implementing a forecasting system for the top-selling product line at this company? --- Insert updated response from MS 1. Be sure to include the updates requested from the prior submission, even if you earned full credit as these are graded more rigorously.

F. List the major categories of supply chain risk and associated risk-reduction tactics. How could the company mitigate exposure to supply chain disruptions caused by natural disasters? For example, consider the 2011 earthquake and tsunami that devastated parts of Japan. --- Insert updated response from MS 1. Be sure to include the updates requested from the prior submission, even if you earned full credit as these are graded more rigorously.

G. Summarize the following theories: just in time (JIT), Toyota Production System (TPS), and Lean. How are these concepts related? Describe the advantages and disadvantages for using each of these concepts at the company presented in the case study. --- Insert updated response from MS 3. Be sure to include the updates requested from the prior submission, even if you earned full credit as these are graded more rigorously.

H. Describe how total quality management (TQM) principles and tools can be used to improve quality in the latest line of products in the context of the case study. --- Insert updated response from MS 2. Be sure to include the updates requested from the prior submission, even if you earned full credit as these are graded more rigorously.

III. Data Analysis

A. Draw a hypothetical process (time-function) map for producing a recently released (within the past two years) product manufactured by the company. As an operations manager, how will you use the value map? Be sure to include your process map within your case study analysis. --- Insert updated response from MS 2. Be sure to include the updates requested from the prior submission, even if you earned full credit as these are graded more rigorously.

B. Draw a cause-and-effect diagram that assesses why some of the company's supply chain partners might have struggled to implement some of the company's newly developed materials. Summarize your findings from the diagram. --- Insert updated response from MS 2. Be sure to include the updates requested from the prior submission, even if you earned full credit as these are graded more rigorously.

C. Considering the data and options below, determine where the company should locate its new manufacturing plant. Explain why this would be the favorable location.---Insert updated response from MS 2

Factor

Weight

Mexico City

Columbia, SC

Political Risk

.25

70

80

Transportation Costs

.20

40

90

Labor Productivity

.20

85

75

Rental Costs

.15

90

55

Labor Costs

.10

80

50

Taxes

.10

90

50  

D. The company believes that it might have some inefficiency in its inventory management process. Develop an ABC classification system for the following 10 items. Based on this information, what do you recommend for improving inventory management? -MS Final. See page 478.

Item

Annual Demand

Cost/Unit

I5

1750

10.00

D1

6000

10.00

A2

3000

50.00

E9

1000

20.00

J8

2500

5.00

C7

1500

45.00

B8

4000

12.00

G2

300

1500.00

H2

600

20.00

F3

500

500.00

 

Sustainability

A. Describe how the emerging concept of the triple bottom line can be used to enhance operations management at the company. Be sure to address each component of the triple bottom line. - Insert updated response from MS 3. Be sure to include the updates requested from the prior submission, even if you earned full credit as these are graded more rigorously.

B. Explain how the company integrates ISO 14000 standards in its manufacturing plants. Support your explanation with citations from your textbook or outside sources. - Insert updated response from MS 3. Be sure to include the updates requested from the prior submission, even if you earned full credit as these are graded more rigorously.

C. Describe ways through which the company can integrate corporate responsibility principles into their operations. Which of these do you believe to be the most effective? Why? Support your opinions with citations from your textbook or outside sources.- Insert updated response from MS 3. Be sure to include the updates requested from the prior submission, even if you earned full credit as these are graded more rigorously.

Attachment:- case study.docx

Reference no: EM131151617

Questions Cloud

Determine the shear flow at points a and b : The aluminum strut is 10 mm thick and has the cross section shown. If it is subjected to a shear of, V = 150 N , determine the shear flow at points A and B .
What are the most important considerations for him to weigh : How should Raja think about the situation? What are the most important considerations for him to weigh? How should they factor into his course of action
Determine the maximum shear flow in the channel : The channel is subjected to a shear of V = 75 kN . Determine the maximum shear flow in the channel.
Determine the location e of the shear center : Determine the location e of the shear center, point O , for the thin-walled member having the cross section shown. The member segments have the same thickness t .
What types of projects at company would favor pert over cpm : Explain the steps used to develop a forecasting system. How would these steps be specifically utilized by this company? What do you predict would be the result of implementing a forecasting system for the top-selling product line at this company? ..
Analyze the competitive advantage of each company : Analyze the competitive advantage of each company. Evaluate the strategies each company uses to create value and gain competitive advantage. Examine the measurement guidelines each company uses to verify its strategic effectiveness.
What are some of differences in the companies target market : What are some of the differences (if any) in the companies' target market? In your opinion, what are some of the strategies implemented by each company to help them to successfully reach their target audience
Determine the location of the shear center o : A thin plate of thickness t is bent to form the beam having the cross section shown. Determine the location of the shear center O .
Write about an environmental health and safety project : Write about a hazardous materials incident or an environmental health and safety (EHS) project that involves a material(s) with a hazard(s) that falls under the hazard classification that we have studied so far.

Reviews

Write a Review

Operation Management Questions & Answers

  What is the wall street rule-explain what information must

You and three associates are opening a business. The four of you will provide the initial capital needs of the business ($100,000). You and your three associates will contribute an equal amount ( $25,000 each), and your plan is to manage the business..

  Game theory application in the real world

Game Theory application in the real world: Can you think of legacy competitors that apply game theory on a regular basis? Provide an example and discuss.

  Creating direct labor budget

Madden Industries manufactures three models of a product in a single plant with two departments cutting and assembly. The company has estimated costs for each of the three product models the zip, the flash and the royal models.

  Strategies business writers can to conduct quality research

Which factors weigh into the decision to choose a particular type of graph or chart? Once you choose a type, how can you ensure that it is clear, readable, and ethical? What are some strategies business writers can use to conduct quality research?

  Combines or blends concepts from psychology and sociology

it combines or blends concepts from psychology and sociology. We perceive first before we take action or decide on something else.  As the world has become more global, managers have to become capable of working with people from different cultures.

  Differences between probability-coincidence

What are the differences between probability and coincidence? Can the probability be more than 1 or less than 0? Explain why or why not.

  Identify the aspects of the inventory policy

Suppose that the O&G Company has a petrochemical product that shows a constant annual demand rate of 3600 boxes. A box of the product costs O&G $3. Ordering costs are $20 per order and holding costs are 25% of the value of the inventory. O&G has 250 ..

  Limit medical mistakes and reduce their potential liability

You are the risk manager of a hospital and have been asked to make a speech to doctors and nurses about how to prevent malpractice claims. Draft a speech outlining the guidelines and best practices for healthcare providers to limit medical mistakes a..

  Patterns within the data that may indicate alien activity

On the television show Threshold, there are people who monitor all of the police reports from all over the United States looking for patterns within the data that may indicate alien activity. These computer people are engaged in:

  How many books should barnes and noble order

How many books should Barnes & Noble order? What is their expected profit? How many books do they expect to sell at a discount? What is the profit that the publisher makes given Barnes & Noble's actions?

  What kind of products and systems does the firm offer

Based on what it has been doing over the last two to three years, what do you think Hitachi's future strategy will be in competing in the environment of international business?

  Find source that discusses the communication process

Use the Internet to find a source that discusses the communication process. What are the steps in the communication process? What do you think is the relationship between diversity and communication styles? Provide 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