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Manufacturing decisions

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Transcript

  • 1. Manufacturing Decisions
  • 2.
    • Musts criteria
    • Mandatory for any solution to be effective.
    • Wants criteria
    • Non-Mandatory but important to judge between the relative merits of available alternatives.
  • 3. Example
    • ITC Foods wants to go product diversification
    • For example,
    • Nutraceuticals
    • Encapsulated Foods
    • Fortified Foods
  • 4. Must Criteria
    • 1.Safe for consumption
    • 2.FPO Standards
    • 3.License
    • 4.Machinary/Infrastructure
    • 5.Finance
  • 5. Wants
    • 1.Market 10
    • 2.Availabilty of raw materials 9
    • 3.Cost- effective technology 6
    • 4. Optimum Production cost 7
    • 5.Nutritional benefits 8
  • 6. Weight N E F scale 10 3(30) 2(20) 2(20) 9 3 (27) 3(27) 3(27) 6 3(18) 2(12) 2(12) 8 3(24) 1(8) 2(16) 7 2(14) 3(21) 3(21) 113 88 96 Criteria 1.Market 2.Availabilty of raw materials 3.Cost- effective technology 4. Nutritional benefits 5.Optimum Production cost