Factors for selection of processes, Operation Management

Assignment Help:

Factors for Selection of Processes

The following factors should be considered for selection of processes:

  1. Quantity to be produced: Some processes are very expensive to operate when the quantity to be produced is very small. Similarly, some processes are uneconomical for large scale production.
  2. Requirement of the Product: The process must assure the product that meets all design requirements of quality, function reliability surface finish, accuracy, complexity etc.
  3. Utilization of Existing Equipment: While selecting a process full capacity of existing machines and its tooling must be utilized. Even if some other process is more suitable which may require the purchases of new costly machines, tools etc.
  4. Minimum Idle Time: The process should be such that the idle operator time and idle machine time is reduced to minimum.
  5. Les Scrap: The process must provide for maximum utilization of minimum amount of material both direct and indirect. For example. Producing complex products by casting power metallurgy instead of costly machining operations.
  6. Flexibility: the process should be flexible enough to accommodate reasonable changes in design of the product and to accept improvement in the process itself.
  7. Elimination of Unnecessary Operations: The process should be designed to eliminate unnecessary operations and combine as many operations as are technically and economically practicable.
  8. Safety: The process must be safe to the operator as well as work.
  9. Economy: The process should be economical.
  10. Skill Required: It may happen that the particular process may be better and economical but it may require special training skill, experienced workers. If that is not available money has to be invested to train the available workers.

Related Discussions:- Factors for selection of processes

Explain why is external competitiveness so important, External vs. Internal...

External vs. Internal Policies. Distinguish policies on external competitiveness from policies on internal alignment. Why is external competitiveness so important? What factors sha

Compute the holding period return for an investor, The prices for company A...

The prices for company A for the first quarter of 2007 are given below. The price of the stock on January 1, 2007 was $120. Find the holding period return for an investor who purch

Define what would the average inventory be for this lot size, A chemical fi...

A chemical firm produces sodium bisulfate in 100-pound bags. Demand for this product is 20 tons per day. The capacity for producing the product is 50 tons per day. Setup costs $100

Layout of facilities, Layout of Facilities Layout refers to the arran...

Layout of Facilities Layout refers to the arrangement of facilities. A plant layout refers to the arrangement of machinery equipment and other industrial facilities such as r

Explain baggage check-in of a small airline, From "Matching Supply with Dem...

From "Matching Supply with Demand" - Cachon/Terwiesch Consider the baggage check-in of a small airline. Check in data indicate that from 9am to 10am, 255 passengers checked in.

Explain what is the net income for this firm, Lifeline, Inc., has sales of ...

Lifeline, Inc., has sales of $585,000, costs of $273,000, depreciation expense of $71,000, interest expense of $38,000, and a tax rate of 35 percent. What is the net income for thi

Want help double-checking my homework, Summer Tyme, Inc., is considering a ...

Summer Tyme, Inc., is considering a new three-year expansion project that requires an initial fixed asset investment of $3.9 million. The fixed asset will be depreciated straight-l

Explain business as a sole proprietorship, Conway just received his contrac...

Conway just received his contractor's license in the state of Virginia. For years, Conway did light construction work for a few commercial accounts. He was very successful and had

Operational Management, I have a take home exam that I need to be solved 10...

I have a take home exam that I need to be solved 100 % correct , please . I need it within 23 hours EXACTLY from now please . Thank you so much and I am really looking forward to s

Write Your Message!

Captcha
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