Production process in a company, Business Management

Assignment Help:

Production Process in a Company

Depicted below is the production process flow for company with timing requirement for set ups and related processes to take place for all the four processes that finally accomplish the final product.

120_Production Process in a Company.png

Bottleneck Identification:       

As depicted in the process diagram above its very evident that bottleneck lies in the second stage of process i.e "Shaping & Edging" and the real bottleneck is the set-up time reqd. While one can argue that as this process is most important for production its justifiable but the simple counter argument would be can production process do away with any of the remaining processes and hence bottleneck is a bottleneck and needs attention and some solution around it. To explain how really it is a bottleneck let us assume that we need to produce different products one by one and hence need setups each time. We start with set-up time of 2 min for cutting and simultaneously start with set-up of shaping process of duration 10 mins but even after a product is processed through cutting taking 3 mins in process and cumulative time of 2+3=5 mins the setup of shaping is not done and needs additional 5 mins and hence the waiting time leading to inefficiency in process at present setup and assumptions made.


Related Discussions:- Production process in a company

Driving forces of business, The Driving Forces of Business What enters y...

The Driving Forces of Business What enters your mind when you hear the word business? Do you think about IBM? Or do you think about the mom-and-pop grocery stores? Businesses ra

Carrying cost, Also known as the loading cost or the storage cost carryi...

Also known as the loading cost or the storage cost carrying cost represents the cost that is associated with storing an item in inventory. It is proportional to the amoun

Mergers and acquistions, • Discuss how the successful mergers (the 2 merger...

• Discuss how the successful mergers (the 2 mergers you identified earlier) affects the following areas of HR; • HR planning • Selection • Compensation • Performance Appraisal • Tr

Business reporting and analysis, You are required to prepare a report for a...

You are required to prepare a report for a potential investor setting out the financial strengths and weaknesses of David Jones Ltd, after: 1. Interpreting and analysing

Outline briefly smart cards, QUESTION a) Explain the whole credit card ...

QUESTION a) Explain the whole credit card processing cycle, identifying the different steps and parties involved. b) (i) Outline the main differences between a credit card a

Differentiate between the internet and the world wide web, QUESTION The...

QUESTION The advent of the internet in the 1960s and the World Wide Web in the 1990s has revolutionised global communications. (a) Differentiate between the Internet as well

Explain adaptive-response-rate single exponential smoothing, Question: ...

Question: (a) State and explain the conditions under which the following exponential smoothing techniques will be chosen: (i) Winters' exponential smoothing. (ii) Holt's ex

What is the prime aim of a good inventory control, What is the prime aim of...

What is the prime aim of a good inventory control? A good inventory control will aim to: 1. Procure material of good quality within time 2. It doesn’t to face shortage of

Assignment, Dear I have assignment 2100 words I need more 900 words how can...

Dear I have assignment 2100 words I need more 900 words how can I now price

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