1. Problem Shieet 21
Assignment 2 (Due December 13)
Please read the following instructions carefully.
Please submit your answer report at the beginning of class on December 13. Late analyses will not
be accepted. You may discuss the assignment with your classmates. You should individually prepare
and submit your report. The answers should show all steps but be concise and to the point. Your
answer report should be prepared in WORD and printed in A4 or letter size sheets.
Solve the following problems.
(Numbered problems are from the textbook 8th edition.)
1. Mr. Smith would like to set up a package delivery service for 7 cities (Atlanta, Chicago, Dallas,
D.C., Los Angeles, New York, and San Francisco). If a ... Show more content on Helpwriting.net ...
To maintain an 84.134% service level, what are the required total inventories for (1) the four retail
store system, and (2) the online store system?
11. Problem 13.12
12. Problem 13.22
13. Young & Company uses a Material Requirement Planning (MRP) system for its product X. 110
units of X are required in week 10 (90 firm orders and 20 forecast). The bill of material for X and
the inventory record file are as follows:
BOM for Product X
[pic]
Inventory Record File for Product X
|Item |On–Hand |Lead Time (Weeks) |
|X |75 |2 |
|A |50 |4 |
|B |25 |1 |
|C |20 |2 |
|D |40 |3 |
|E |0 |0 |
2. What are the planned order releases for item C from week 1 to week 10 using the Lot–for–Lot
method? (You may use the MRP Work Sheet for Product X to answer the question.)
MRP Work Sheet for Product X
| |Week: |1 |2 |3 |4 |5 |
14. (1) What is the setup schedule and amounts for Jack & Company from week 1 to week 6 using
Lot–for–Lot (L4L) method? (2) What is the total cost?
15. (1) What is the setup schedule and
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3.
4. The Dairy Product Lewis Creamery Chocolate Milk
1.0 Introduction
The report is going to analyze the dairy product–Lewis Creamery Chocolate Milk using
manufacturing planning and control (MPC) system. Firstly, it will illustrate some background
information of the shortage of Lewis Creamery Chocolate Milk and presumably the reason of the
shortage was because the company did not implement the MPC system and then carried on by
introducing the manufacturing planning and control (MPC) framework, which may help the
company to overcome the shortage of the products and then the report is going to make some
suggestions and recommendations to solve the shortage of the products. When applying the MPC
system, the report will discuss each of the category listed in the front end, engine and back end
separately and provide recommendations after the introduction of the MPC system. Lastly, it will
conclude the vital importance for companies in the manufacturing industry to apply the MPC
framework to ensure the best production quantity.
2.0 Background information of Lewis Creamery Milk
New Zealand has long history of making dairy products. The mission of the company is to create the
best dairy products in New Zealand. On 3rd October 2014, the company launched its Lewis Creamy
chocolate milk and it instantly hit the market and caused the shortage of the product. As the world is
worrying about hungers and wars, New Zealanders are worrying about the shortage of the chocolate
milk (Elitedaily, 2014). The company tried to supply the new
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5.
6. The Purpose Of Process And Process Planning
.PROCESS PLANNING
1.1 PURPOSE OF PROCESS PLANNING
Process planning is defined as the development of set of instructions describing all the operations
required to convert a design into a product. Process planning deals with the selection of the
processes and the determination of requirements of the processes. The selected operations and
requirements have to be realized in order to transform raw material into a given shape. All the
specifications and requirements of operations are included in the process plan.
The process plan is a document such as drawing. Both the drawing and the process plan present the
basic document for the manufacturing of part/assembly.
Process planning is the planning activity of a planner. In TML following activities
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7.
8. Mba 2nd Sem Mlm Notes (Materials Management)
Materials
Management
INTRODUCTION
Putting in the simplest terms materials management is about moving the materials within an
organization. What do "materials" mean? Materials can basically be defined as those objects or
things that are to be moved in order to produce goods. Material is one of the 5M's that a manager
has at his command, the other being Men, Machine, Methods and Money. Materials could be in the
form of raw materials, paperwork, messages or information etc. So materials can be both tangible
and intangible. You see the newspaper boy delivering the newspaper to your doorstep everyday or
the milkman delivering the milk packets to you. These are tangible materials. There is also some
material moved when you watch a movie on ... Show more content on Helpwriting.net ...
3) Inventory control: This function is responsible for the location and storage of materials so that
they remain available at the minimum cost and quickest time.
4) Store keeping: This function is responsible for the receipt and issue of the materials. The
materials are stored in such a way that minimum handling is required and wastage is minimal.
5) Material handling: This function aims at minimizing handling and provision of equipments for
handling materials. This function is crucial for minimizing space requirements, effective distribution
and for providing better working space.
6) Warehousing: This function is responsible for the storage facilities for the materials, weighing
facilities, materials handling equipments, material distribution facilities, fire fighting instruments
etc.
7) Standardization and simplification: This function selects items of great demand and sets the
standards for quality, raw material, sizes and performance of any product.
8) Organization & appraisal of materials: This function helps in effective functioning by proving
smooth flow. It provides coordination and avoids delays and wastages
Management of materials embodies various costs. Since the ultimate aim of materials management
is to reduce the costs of materials and hence the final product, it is worth seeing what these costs are.
Let us take a glimpse of what these costs are:
[pic]
Source: Shah N.M. (1996), An Integrated Concept of Materials Management
An integrated materials
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9.
10. Toyota Lean Management
Contents
Introduction
Task 1: Managing Demand and Capacity
1.1 Toyota (Manufacturing and Product Services)
1.2 Starbucks (Mixture of Product Services)
2.1 The difference between the Pull and Push Demand systems
2.2 Processes and Layout Decisions
2.3 Inventory Management Comparisons 2.4.1 Toyota's Non–Existent Inventory 2.4.2 Starbucks 's
Unlimited Inventory
Task 2: Lean Management
3.1 Why Lean Management
3.2 What is Lean Management 3.2.1 The Eight Wastes of Lean Management 3.2.2 The Five S for
Continuous Improvements 3.2.3 Just– In– Time for Inventory 3.2.4 Quality Performance
1. Task 3 : Six Sigma Strategy
4.1 What is Six Sigma Strategy? 4.1.1 Six Sigma and the Value ... Show more content on
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Lean six–sigma methodologies are applicable to line queues processes. (figure 2.1)
This efficient queue ordering processes enhanced their customer's experience, with their queuing
lines moving quickly without having to sacrifice the quality; that is, fast order preparation and
delivery with friendly service and a correct customer order.
2.2 Product Quality: (Good Quality Food)
Starbucks identified that product quality is measurable in several aspects: product temperature,
freshness and consistency.
Product Temperature: Product temperatures in service organizations can use Six–sigma
methodologies to set to acceptable upper and lower control limit temperature ranges. Temperature
11. ranges may be determined either by the corporation's product quality standards to meet Critical to
Quality standards or as determined by local Health & Safety regulations.
Product
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12.
13. Space Age Furniture Company : A Case Study
Space Age Furniture Company: A Case Study
Introduction
Space Age Furniture Company has manufactured tables and cabinets in order to hold a microwave
oven and portable televisions. Space Age products are made in several sizes and with several
features yet, they all follow the same production and assembly operations. There is quite a
difference in a few products that Space Age offers. For example, the Saturn microwave stand and
Gemini TV stand has a part (no. 3079) that specifically requires machining on a special lathe used
only for making these parts. A short time ago, Space Age began utilizing the material requirements
planning (MRP) inventory system that helps towards reducing the inventory and additionally
improves towards on–time deliveries. The estimated cost per week is $1.25 to each store related to
Gemini and for Saturn the estimated cost per week is $1.50. Saturn does not participate towards
shipping immediately. Thus, the master schedule for producing Gemini and Saturn for the next six
weeks are Master Schedule Week 1 Week 2 Week 3 Week 4 Week 5 Week 6
Gemini 600 400 700 500 400 600
Saturn 300 400 400 600 300 300 As far as the part 3079, it is used for two different subassemblies,
part 435 which is used for the Gemini TV stand, and part 257, is used for the Saturn microwave
stand. In reference to part 3079, it may be fashioned to any quantity because the lathe that constructs
it is not utilized for anything else. According to Vonderembse &
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14.
15. Technology And Analytical Method Support Communications At...
Does this technology and analytical method support communications at all levels of the
organizations you selected? General Motors is a large automotive manufacturing company that
utilizes material requirements planning and linear regression models. General Motors has a very
large and complex logistics system that incorporates hundreds of other companies into its processes.
From distributors to suppliers, General Motors must be able to communicate throughout the process
in order to achieve a successful operation. The MRP system that GM uses allows for better
communication, but it wasn't always this way. In fact, when General Motor's executive director of
global logistics, Mr. Edgard Pezzo, took over GM's logistics division, he noted that MRP systems
needed to be improved to eliminate excess inventory and improve the efficiency of item routing
(Ludwig, 2014). Pezzo also worked diligently to improve communication at all levels. He made it
easier for internal stakeholders, such as purchasers, manufacturers, finance, and more, to
communicate with external stakeholders, like suppliers, so that they could collaborate and
participate in planning models to prepare for any scenario that might come along (Ludwig, 2014).
Apple, the infamous manufacturer of popular products like the iPhone and iPad, is another
corporation that utilizes smart material requirements planning systems and analytical models like
linear regression. Apple has over 200 suppliers that provide the
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16.
17. Trends in the Workplace
Running head: Trends in the Workplace
Trends in the Workplace
Assignment 1
HRM–500
Human Resources Management Foundations
March 10, 2014
Material Requirements Planning (MRP) is a production planning and inventory control system used
to manage the manufacturing process. Most MRP systems are software–based. However, it is
possible to conduct MRP by hand as well. The intent of a MRP system is to simultaneously meet
three objectives; (1) Ensure materials are available for production and products are available for
delivery to customers; (2) Maintain the lowest possible level of inventory; and (3) Plan
manufacturing activities, delivery schedules, and purchasing activities.
As expected, there are certain functions of human ... Show more content on Helpwriting.net ...
These employees should perform business processes and change management. However, they
should not perform administrative activities. By separating transactional and administrative
functions from strategic improvement responsibilities, an organizational development group can
help accelerate operational changes (Power, 2012).
Although the human resources department does not typically lead the change and process
improvement initiatives, nonetheless, the skills potentially found within employees drawn to the
field present a clear opportunity (Power, 2012). Human resources employees should be considered
fundamental members of the MRP implementation team.
Based on the planned growth of the organization with the implementation of a MRP system, three
factors that might impact the organization's ability to hire new employees that possess the technical
skills needed to perform a job include forecasting, goal setting and strategic planning, and the
program implementation and evaluation (Noe et al., 2014, p. 131).
The first step is forecasting is for human resources to determine the demand for specific job skills
area. After this area has been identified, then a determination for the demand for each area of skill.
This can be done using statistical methods or trend analysis, which measures the labor demand for a
certain period or range of time (Noe et al., 2014, p. 131).
Secondly is the need for setting goals and strategic planning. This is
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18.
19. Sap And The World's Third Largest Software Company
Introduction This paper, in conjunction with my slideshow presentation, will clearly present the
differences and similarities between SAP HANA and the most current version of SAP, ECC 6.0.
There will also be a thorough comparison of the manufacturing modules within these two systems.
Systems SAP ECC 6.0 SAP is the world's third–largest software company, founded in Germany in
1972. They are the world's largest business software company and the third largest independent
software provider. The most current version of SAP, ECC 6.0, is primarily made up of the SAP
Business Suite. The main parts of SAP Business Suite include SAP ERP, SAP PLM, SAP SRM,
SAP CRM, and SAP SCM. All of these components are supported by the foundation of SAP
NetWeaver (Wagner, B., Weider, S., & Tracy, S, 2009). SAP ERP is the Enterprise Resource
Planning function of the SAP Business Suite that is responsible for aspects of the business such as
product panning, manufacturing, inventory management, etc. SAP PLM is the sector that deals with
Product Lifecycle Management. The main function of PLM is the assistance for planning and
optimizing all resources and materials correctly. Supplier Relationship Management, SAP SRM,
mainly deals with keeping a good relationship, minimizing costs and ensuring support from the
organizations that supply materials and time you're your organization. SAP CRM is a Customer
Relationship Management support system that entails keeping contact with customers, ensuring
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20.
21. Material Requirements Planning ( Mrp ) And Lean Manufacturing
Over the years, manufacturing production strategies have continued to evolve. Despite this the
manufacturing strategies debate between material requirements planning (MRP) and lean
manufacturing is still disputed. On one side is the philosophy that MRP software is required to
adequately plan production. On the other side is the lean philosophy, which argues that these
planning tools are too rigid to reflect actual production environments and ultimately impede
effective production. This essay will assess if lean synchronisation is an alternative to material
requirements planning. Material Requirements Planning Principles MRP was developed in the
1970's as an inventory management system. The principle relied on conducting detailed planning to
ensure that parts and materials ware obtained in time to meet the manufacturing process. It was a
major step forward at the time as it capitalized on the use of the computer to generate the supply
orders. (rf) The use of computers allowed operations managers to track supplies orders, obtain
secondary materials and enabled precise stock levels to be measured easily. Now almost all MRP
systems use computes. This led to companies creating production schedules that focused on
obtaining resources to match the output level of production. (rf) Using MRP managers can
determine what materials are required in what quantity and by what deadline. This is known as a
push system of inventory control and involves forecasting inventory needs to meet
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22.
23. Proposal Package for Riordan Manufacturing Essay
Proposal Package for Riordan Manufacturing
The Riordan manufacturing plant at Hangzhou China specializes in creation of fans for Riordan's
many customers. Based on previous years' sales and the potential for improvement to meet
customers' demand, Riordan anticipates higher sales in the next one to two years. Team A has
developed a proposal to improve sales forecasting at the Hangzhou plant to meet this demand. The
proposal includes methods to improve inventory management, employee training and the
manufacturing process through implementation of inventory tracking software, aggregate operations
planning, and total quality management principles. The proposal focuses on material requirements
planning, supply chain optimization, ... Show more content on Helpwriting.net ...
This type of system does not allow for a real–time look at inventory levels or products awaiting
shipment. Consequently for example, there are currently problems with customers receiving
delivery on both the Northeastern and Northern parts of the United States during the winter months.
A real time tracking system would help Riordan to quickly troubleshoot problems in its production
and delivery processes to eliminate these problems. The tracking system would also help Riordan to
evaluate its own process for electric fan forecasting (University of Phoenix, 2008).
By implementing a new ERP system such as Lawson, Riordan will be able to improve deliveries for
both receiving raw materials and delivering finished product to their customers. Lawson offers such
improvements such as:
"Advanced order promising at point of sale, lead times, capacity constraints, etc. Powerful planning
tools – forecasting, supply chain planning, material and capacity, and planning and scheduling
Procurement (Purchase Delivery Schedules and Purchase Order Processing) Advanced warehouse
and logistics solutions, including package management and support for both automated and complex
delivery" (Lawson, 2012)
New Process for the production of
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24.
25. Planning and Controlling the Supply Chain Essay
Four Primary Forecasting Techniques The primary forecasting techniques that Bronson Methodist
Hospital uses varies with the ongoing processes of building, implementing, evaluating and the
never–ending improvements that are made in each forecast models that are consistent throughout the
organization. Bronson hospital focuses on using forecasting techniques that have data that is readily
available, can be performed in house, easy to understand and the forecasting methods are reasonable
(Harrelson and McClurkan 2007). Listed below are the four forecasting methods that are utilized
within Bronson Methodist Hospital and will reflect how each of the elements is beneficial to the
management of the organization (Harrelson and McClurkan 2007). ... Show more content on
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To maintain the budget Bronson has the responsibility to ensure that there are enough employees to
cover the demand needed for the care of the patients. This is why that there is a program that has
been executed called the "float pool" which gives Bronson the flexibility in having employees
available at any given notice for working. This also gives jobs to people that are unemployed and
looking for employment.
Capacity Planning Capacity requirements planning (CRP) provide feasibility check of these
schedules. Capacity requirements planning matches planned production with actual capacity to
ensure that schedules can be met; synchronous manufacturing paces the entire production process by
the bottlenecks. Therefore, if additional or less capacity is needed, capacity is added or restricted at
the bottlenecks. In this way the flow is controlled at each bottleneck to bring the about the entire
system the bottlenecks. In this way the flow is controlled at each bottleneck to bring the capacities in
line. There are three initial portions of capacity planning and they are considered to be the
productive, nonproductive and the idle. Productive capacity is where products are being produced
well; Non–productive capacity is where the products are not being produced at that specific time
such as when
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26.
27. Logistics Management : Logistic Management
Logistics Management
"Logistic is the process of planning, implementing and controlling the efficient, effective flow of
goods storage of goods, services and related information from the point of origin to the point of
consumption for the purpose of conforming to customer requirements"
Logistics exists to satisfy customer requirements by facilitating relevant manufacturing and
marketing operation. The main responsibility of logistic is the geographical positioning of raw
materials, work in process and finished inventories at the lowest possible cost.
Creating logistics value is costly. Logistics accounts for one of the highest costs of doing business.
Logistics expenditure normally ranges from 5% to 35% of sales depending on the type of business.
Thus logistics even though very important for any business success is expensive.
VARIOUS DEFINITIONS OF LOGISTICS MANAGEMENT
Logistic management encompasses all materials flows management, from the inflow of purchased
materials into works (i.e. materials planning of raw materials components and other products,
transport of materials from suppliers to works, receiving and inspection and storage of materials)
materials flow through manufacturing processes (i.e. materials issues and materials handling) and
material (flow to customers (physical distribution (Refer fig.1 for these relationships)
Materials Logistics physical distribution
Management Management
Fig.1
(Relationship between logistics and other)
Schmidt
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28.
29. How to Do Production Planning and Control
Production, Planning and Control
Dr. Sindhuja
The most important business module – Production. Why?...
Objectives
The ultimate objective of production planning and control, is to contribute to the profits of the
enterprise. this is accomplished by keeping the customers satisfied through the meeting of delivery
schedules. Specific objectives of production planning and control are to establish routes and
schedules for work that will ensure the optimum utilization of materials, workers, and machines and
to provide the means for ensuring the operation of the plant in accordance with these plans.
Components of PP
SOP: Sales and operations planning DRP: Distribution Requirements Planning MRP: Materials
Requirement ... Show more content on Helpwriting.net ...
It is tightly integrated with modules such as MM and SD thru the use of MRP which is also part of
PP
Flow of Production Planning
Customer order management Demand management
I/P MRP BOM
Purchase requisition
Planned order
A
A
Define work center
Routing
30. Goods issue
Release order
Order confirmation
Order settlement
Flow of PP
Demand generation thru demand management calculates the quantities to produce and the time for
the final assembly data from demand management is transferred to MRP. The data from demand mgt
can come from Customer Sales Order (firm) or Planned Order (forecast).
MRP checks for the availability of material at various stages of BOM.
– In case material is not available MRP generates planned order and Purchase requisition for
production of components in house and procurement from vendor respectively.
The planned orders are converted into production order by the planner and the purchase requisition
are converted into purchase order by the purchaser.
Production in charge converts the planned order to production order and carries out the
production activities once the order is released for production. Production is carried out as per the
operation steps provided in the routing. Work centers are also mentioned with each operation in the
routings where these operations are to be carried out. Once the
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31.
32. Material Requirements Planning System
� � �Material Requirements Planning � PAGE �2�
Material Requirements Planning (MRP) System – Riordan Manufacturing
XXXX
University of Phoenix
BSA/375
XXXX
XXXX
�
Abstract
At the request of the Chief Operations Officer and the Vice President Operations, Riordan
Manufacturing, an evaluation was requested for the development of a Material Requirements
Planning (MRP) system. The system is to track and manage raw materials as well as finished
product inventory throughout Riordan Manufacturing. Overall, the objective of implementing an
MRP is to reduce on hand raw materials and finished goods inventory costs. The intent of this paper
is to provide summary information to upper management by demonstrating the business
requirements ... Show more content on Helpwriting.net ...
Once completed, the corporate assets should be more than adequate to support MRP usage along
with other corporate endeavors in the ERP realm.
Based on input from the software vendor, the MRP will be capable of handling an increase in
activity generated by the corporate goal of increased sales and marketing.
Economic feasibility was assessed as follows:
MRP will reduce operational cost by a minimum of 10% by eliminating surge hiring and purchasing
to meet production needs.
33. MRP will reduce cycle time by a minimum of 15% by normalizing the production lines and
quantities of products on–hand or in–production.
MRP will reduce on–hand stock of finished products by up to 30% by reducing lead–times
associated with production and procurement of raw materials.
Break even point will be realized within 6 months of implementation.
MRP will result in greater customer satisfaction as lead–times are reduced or eliminated in
purchase–to–delivery times.
The current business process can be summarized both verbally and visually. Currently raw materials
are ordered and stockpiled. Once an order is received, the material on–hand is reviewed to ensure
sufficient quantities are available. If sufficient quantities are not on–hand additional materials are
ordered. Deliverables are manufactured and shipped to the customer. Review of raw materials on–
hand is
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34.
35. Logical Relationship Of Budgeting Management
LOGICAL RELATIONSHIP OF BUGDETINGS
Budgeting management plays critical role in organizations, it can help organizations to allocate
resource, force thinking about future and estimate performance base on benchmark. Normally,
management team and financial function provide budget plans at the beginning of a specific period.
It also plays the role of communication and co–ordination around different levels of organization.
Although all of kinds of budget are run respectively, it is important to investigate interrelationship
between them.
The master budget relationship is showed below:
Production budget, which determine number of units the company needs to produce to meet sales
and ending inventory, interlinked sales budget and direct material budget, direct labor budget and
manufacture overhead budget.
We will discuss the logical relationship of budgets.
1. Sales budget
The sales budget reflected sales expectation of a company 's for the budget period. The unit result of
sales budget is the basement of production budget. To calculate sales budget, companies need
variety sources of information. The most important source is historical data and marketing forecast.
The sales budget result comes from budgeted sales in units by selling price per unit. It is clear that
the sales budget of new product will have less accurateness then the grown up product, as there is
not much data can be used. The more historical data to be concerned, the accurateness of result will
be higher.
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36.
37. Essay on Miss
Introduction This assignment consisted of two parts. The first part is mainly about the modern
developments in management accounting, what is World Class Manufacturing will be explained at
first. Then, five features that could help company become and remain world class will be given and
demonstrate in detail. Another part is about the two calculation methods that using by companies
when measure expenses and overheads. This will be show through the calculation process in detail
for a Peppa Ltd by using the traditional costing methods and activity–based costing methods. A
briefly explains will also be given on which set of calculations is most accurate. Part A World Class
Manufacturing Today companies are trying hard to apply various ... Show more content on
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Commitment to Quality (T.Q.M) (1) Definition and functions It is increasingly the case that a firm
which cannot meet the external customers quality requirements will go out of business, so that the
needs to conformity with quality products so become a prerequisite for staying in business.
International Standardisation Organisation identifies Total Quality Management as That aspect of
the overall management function that determines and implements the quality policy and, as such, is
the responsibility of top management. That is to say the nature of the TQM is an approach for
companies to get long–term success through customer satisfaction. Successful companies
understand the powerful impact customer–defined quality can have on business. They know that
once the customers do not satisfied with quality of the product they will go elsewhere and chose the
product which owns better quality in other companies. As a result, the company will lose their
market share more seriously, the reputation may be ruined by not manufacture to an approved
quality standard. For this reason many competitive firms continually increase their quality standards.
For example, both the Ford Motor Company and the Honda Motor Company have announced that
they are making customer satisfaction their number one priority. The slow economy of 2003
impacted sales in the auto industry. Both firms believe that the way to rebound is through
improvements in quality, and each has outlined specific changes to
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38.
39. Essay on Construction Project Management and Business...
Construction Project Management and Business Management
Over the past few years, the construction industry has been changing dramatically. One of the most
important stages in the construction management and business management is the planning phase.
They share similar two main levels of planning which are the strategic and operational planning.
However, business management planning to decide in advance what should be done, and how to do
it, when you do and you are done. On the other hand, Construction management strategic planning
is to deal with selection on a high level of overall objective of the project, including the scope,
procurement methods, schedules and financing options but the planning of operations, including the
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In addition, management according to Cole (2008) is achievement of the objectives through to the
five basic administrative functions (planning, organizing, staffing, directing and controlling).
Construction management and business management share similarity elements of planning such as,
goals, policies, rules and procedures. Nevertheless, they differ in the chart when the standard is the
time. Planning for the construction management regard only to the period required to complete a
construction project. However, business management planning can be divided into long–term
planning and short–term which aims to give a clear picture of business for the future.
The stages of the construction project management differ from the stage of business management, in
several respects. For example, construction management first stage is the resolution; it is necessary
to identify requirements relating to the project by the owner and choose a consult to help in
completing a preliminary assessment for the project and the feasibility, also the impact of its
presence in the economic and social development areas. However, planning is the first stage on
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40.
41. Essay on Process Design for Riordan Manufacturing
Running Head: PROCESS DESIGN FOR RIORDAN MANUFACTURING
Process Design for Riordan Manufacturing
STUDENT NAME
University of Phoenix Online
INSTRUCTOR NAME
OPS/571
DATE
Process Design for Riordan Manufacturing The Riordan Manufacturing plant in Hangzhou, China
operates its manufacturing unit to prepare the electric fan to provide the worldwide supply based on
the production forecast sales extrapolated using the theory of moving averages for last three years.
This paper includes an analysis of the material requirement planning, existing process design,
application of supply–chain concepts including any available global opportunities. Additionally, this
paper will include a production forecast and as well as an ... Show more content on Helpwriting.net
...
Global product sourcing can help in lowering the cost of purchasing the required material from other
countries where it is available on low price. Mass customization can also be considered to meet the
demand of periodic orders in compliance with constraints of supply chain. The supply chain process
can concentrate on inventory management process in the system to fulfill the order requested
(Chase, Jacobs and Aquilano, 2006,). Riordan focuses on management of inventory from raw
material to produce fans. It is necessary to track the quality and need of inventory for optimizing the
performance of supply–chain process. These measurements are necessary for assessing the exact
requirement of material based on revised production forecast sales with key inputs from the
conceptual application of supply chain management (Chase, Jacobs and Aquilano, 2006).
Production Forecast The plant's production forecast is based on the theory of moving averages. The
manufacturing unit in China takes care of electric motors and plastic polymers required for
production of fans. The demands for next year's production are calculated on the basis of average
sales for the last three years, which is projected for the coming year (University of Phoenix, 2004).
This plant also takes care of customized version of electric fans for individual customers on a small
scale. The estimation of
44. Case Study U.S. Strollers
Introduction As the leader producer and seller of baby strollers, U.S. Stroller has been known for
carrying a very high–quality baby stroller. The company is known for innovation designs and its
good distribution system. The President of U.S. Stroller Judy Hawkins is the sister of the director of
manufacturing Clem Hawkins. Judy has suggested to Clem that a Just–in–time system is what the
company needs to reduce the high inventory cost, cycle time, improve quality and eventually cost
the company is carrying. Clem decided he would solicit the help of Joan Hankins who had recently
graduated from UCLA with an M.B.A; she was a whiz at analyzing.
Below is a list of the facts about the company: 1. 2000 different sites in the United ... Show more
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These gains come at the cost of more tightly coordinated manufacturing processes–both inside a
company and with supplier firms that produce under JIT" (Vollmann, 2005).
Manufacturing Cells
Manufacturing Cells production is organized in groupings of all the different types of equipment
used to make a given product. Materials move from one machine to another, and various operations
are performed in sequence, minimizing materials–handling costs. Workers are also hired and trained
to multitasked performing a variety of activities. Defects in the process are aggressively eliminated;
this is due to the tight links in between workstations. Setup time is another aspect of U.S. Strollers
that can be reduced using manufacturing cells concept. The production of a product, its cycle time
until it's completed is reduced significantly. Reducing setup time and costs make production in
smaller batches economical, which in turn reduces inventory levels
Pull System
Pull systems otherwise called demand–pull, "a manufacturing system that manufactures each
component in a production line as soon as, and only when, needed by the next step in the production
line" (Horngren, Datar, and Rajan). With the JIT production, the demand is pull through by the
demand from the other workstation.
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45.
46. An Mrp Solution for Riordan Manufacturing
An MRP Solution for Riordan Manufacturing
Table of Contents
Executive Summary ................................................................................... 3
Scope .................................................................................................... 4
Project Feasibility ..................................................................................... 6
Current Operating State .............................................................................. 6
Requirements .......................................................................................... 10
Future Operating State ................................................................................ 12
System Components .................................................................................. 14
System Architecture ................................................................................... 15
Cost Analysis .......................................................................................... 16
Maintenance and Support ............................................................................ 17
Assumptions and Constraints ........................................................................ 19
Success Measures ..................................................................................... 23
Summary ... Show more content on Helpwriting.net ...
In regards to deliverables, the scope of the Riordan Manufacturing system can be broken down as
follows:
Internal Deliverables
1. Reduce finished goods inventories
2. Manage raw materials more efficiently
3. Track products throughout the manufacturing process
4. Manage receiving processes across all plants
5. Reduce costs by 10%
6. Reduce cycle time by 15%
7. Reduce labor intensive manual inventory
8. Eliminate raw material procurement problems
9. Enable an easily accessible inventory system company–wide
10. Integrate inventory management with MRP and ERP systems
11. Use intuitive tools to handle daily processes
12. Interface with the customer billing system
13. Support input of sales
14. Support shipping and receiving data
15. Automatically calculate inventory processes
47. External Deliverables
1. Shorten customer response time
2. Decrease delays in shipping
3. Automate shipping and ordering processes
Ultimately, these deliverables will improve Riordan's quality control across all plants and ensure the
company's commitment to future growth by providing a greater amount of working capital.
Project Feasibility
Riordan has in its budget $150,000 for this project. This limits the options available to the company.
Plant employees possess strong technical skills and are well aware of the actions that potentially
could be automated. The technical staff has the ability to undertake an important portion of the
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48.
49. Master Data Information Essay
INTRODUCTION
Materials Requirement Planning (MRP) is one of the integral production control techniques used in
Enterprise resource planning(ERP). It calculates the net requirements for materials based on its
dependence on other materials and develop procurement proposals which are often in the form of
purchase requisitions and planned orders. The MRP creates planned orders for all finished and
semi–finished products and aims to make sure that the company has sufficient availability of
material to meet its requirements. In ERP, the Master Data is a key factor in the successful
implementation of the production process. It sorts and stores data automatically, based on their
functions and distinctive characteristics. The Material Master Data ... Show more content on
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Before the production process commences, we have to take inventory of our available stock to
determine whether the company needs to make procurement of materials or not. This is achieved by
performing a net requirements calculation. The net requirements calculation considers all the critical
elements of the MRP to identify whether there is a shortage of material that would require
procurement. If a procurement proposal is needed, the system is able to determine the amount of
material needed by using the Lot size function. Our lot size in the production of the Aluminum
Door–DR are HB (Replenishment to maximum stock level) and FX (Fixed order quantity) for our
Raw material and semi–finished products respectively, as highlighted in the screen shots below. Also
the MRP requires the specification of a plant and storage location. For this production 1000 and
0001 have been assigned as our plant and storage location requirements respectively.
We used the Multi–level single–item planning approach for our MRP run. With this approach, the
MRP is able to calculate the materials used in our production process for all levels, down to the level
of individual raw materials.
MASTER DATA FOR ALUMINUM DOOR–DR PLANNING
Below are the screen shots taken for the production process carried out.
Raw Material Master Data
Figure 1, shows the screen shot of our raw material which is aluminum alloy. This material is
purchased from the vendor and will only be used in producing the
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50.
51. Process Design
Riordan is a leading future 1000 manufacturing company that is an industrial leader in the field of
plastic injection molding (Riordan, 2004). Riordan Manufacturing China plant acts as a
decentralized unit of Riordan Manufacturing (Riordan, 2004). I have created a proposal package that
will address the new process design that focuses on all phases of manufacturing the electric fans
from determining the number of parts and components to the materials needed in production. It will
include a new process design for manufacturing Riordan electric fans. The proposal will incorporate
an analysis of the current production process. This analysis of the process design will provide
information to remove bottlenecks. The production forecast will ... Show more content on
Helpwriting.net ...
Riordan should consider outsourcing as a one means of improving the supply chain. Outsourcing is
an approach to push the responsibility and decision making to other companies, which are a part of
several components of the supply chain. Company's find that outsourcing can provide some relief to
a company whom is experiencing a shortage of resources. Outsourcing could allow the company to
focus on the core process of the business while providing the flexibility needed during varying
demands. Supply chains management concentrate on inventory processes to complete the orders that
are requested (Chase, 2005). The movement toward a just–in–time inventory system (JIT) could
provide Riordan with continuous improvement in efficiencies to its fan production process. Riordan
will take the stance of eliminating all cost that does not add value to the product. The China plant
will be able to have their parts arrive at each workstation at the optimal time to complete the process
in a more efficient manner. Riordan will establish areas in their production that are linked, which
will provide a beneficial balance of flow of material throughout the production process.
Production Forecast The production forecast for the China plant accounts for both the electric
motors and plastic polymers, which are essential components of the electric fans. The inventory for
the electric fan is projected by taking the average sales over the last three
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52.
53. Space Age Furniture Company
In today's operational management arena, there are certain expectations from a managerial aspect
that must be met in order to be successful. A comprehensive look at the Space Age Furniture
Company will show exactly what the Materials Requirement Planning (MRP) calculations are for
this company at present time and then take the information given in order to properly suggest ways
to improve the sub–assemblies. In addition, there will be an analysis on the trade–offs between the
overtime and inventory costs. A calculation will be made on the new MRP that will improve the
base MRP. This paper will also compare and contrast the types of production processing to include
the job shop, batch, repetitive, or continuous, and determine which ... Show more content on
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With this overtime occuring often, it is impacting the quality of life of this particular employee
which must be examined by upper management and a decision must be made to improve the process
in a more efficient manner in order to reduce the overtime days. The options available for this
company involve looking at different inventory models in order to allow this specialist the ability to
produce outside high demand windows of opportunity. Initially this company began using the MRP
system which enevitably helped to reduce the company's inventory and at the same time improved
their on–time delivery numbers. Currently the process has allowed the Space Age company to
maintain a cost of $1.25 per week to store their Gemnini and $1.50 per week to store each of their
Saturns that sat in inventory. MRP for Space Age Furniture Company Before going into the exact
numbers for this company it is important to make sure and use all tools available. One such tool
would be "Electronic data interchange (EDI) connects the databases of different companies. In one
early use, EDI allowed companies utilizing material requirements planning (MRP) to inform
suppliers of upcoming orders by providing them with access to the database of planned orders"
(Vonderembse & White, 2013, Ch. 5.3). Cycle counting is a way to "reconcile inventory records and
correct errors, and many
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54.
55. Building A Wireless Infrastructure Backbone System
Introduction
Currently much importance is given to optimizing business without affecting the production and
process. When a new distribution centre s build or an existing one is being upgraded with a
warehouse management system, a wireless network structure should be provided which need to be
regarded as the integral part of the process. This is an important part because connection issues may
arise due to lack in connectivity without wireless connection. Eventually this will impact the data
collection capabilities from other floors, mostly form the ground to top floor (Lu, W., Giannikas, V.,
McFarlane, D., & Hyde, J. (2014). A wireless network infrastructure building starts with a design
and then with a map which will describe the mapping of the wireless access points. It also needs to
create a plan for installing the cable which will run throughout the distribution centre. The reason
behind this planning is to build a wireless infrastructure backbone that will be implemented and
which can have the capability to support the whole planning in the distribution centre. To get proper
wireless signals throughout the premises a well planning of the wireless system is essential along
with successful implementation.
Planning and Implementation
Although it sound very easy to implement the whole process but the reality is that it involves lot of
elements and components which need to be taken care of while project implementation. Plenty of
dos and don'ts need to be kept in mind after
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56.
57. Contrast the Significance of the Term Lead Time in the...
Question 1 – Contrast the significance of the term lead time in the traditional EOQ context and in an
MRP system.
In the traditional context, lead time is fixed–either as a discrete time or as a probability distribution.
Such lead time constancy or variation is outside of the inventory model. Lead time in an MRP
system is assumed to be a variable. While specific lead times are stated for planning purposes, these
times may be speeded up or delayed as conditions warrant. Indeed, it is this ability to detect needed
changes in lead times, either by expediting or de–expediting, that many users cite as one of the most
valuable features of MRP.
MRP has had some degree of success in environments where requirements are relatively certain and
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Raw materials must be kept as inventory stock. As they are used, stock must be replenished through
reordering MRP fulfils 3 main functions: 1. MRP makes sure that dependent demand items are kept
in stock. 2. MRP maintains the optimal level of inventory that is most cost effective for a company.
3. MRP us used to purchase new stock, deliver finished products, and plan the daily manufacturing
processes.
MRP is effective due to it working backwards from a plan for producing finished products in order
to develop the amount of raw materials that a company needs. How this works is MRP breaks down
inventory requirements into separate stages. This helps to manage production and keep it flowing at
an even level. It also helps to keep inventory costs to a minimum.
The drawback is that MRP systems can be expensive to implement and the costs can be quite high,
offsetting the amount of money that a company could save in inventory costs. Larger companies that
produce large volumes of finished products may find it beneficial but the same may not be true for
smaller companies. Plus, for MRP to produce accurate results, you need to have accurate data.
Information such as orders, bills, item numbers and records must be accurate or the results will be
off.
To get results, you have to input information into the MRP system. There are 3 main sources of
information for input: 1. Bill of sale for materials 2. A
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58.
59. Orcon
Selecting the solution for EIS. | Ablai Gazizov – 1124953 Ahmed Mahdy – 0962354 Rutchirate
Srihanan– 0300636 Sivanjani Narain – 0940680 Raishum Aleem – 0702011 Ablai Gazizov –
1124953 Ahmed Mahdy – 0962354 Rutchirate Srihanan– 0300636 Sivanjani Narain – 0940680
Raishum Aleem – 0702011 | 19 September 2012 | Enterprise Information Systems Semester 2, 2012
Enterprise Information Systems Semester 2, 2012 SECTION A: PROJECT REPORT FORMAT 2
Project Description 3 SECTION B: CORPORATE INFORMATION AND REQUIREMENTS 3
Corporate Background 3 Strategic Direction & Objectives 4 Summary of Requirements for
ERP system 5 SECTION C: KT ANALYSIS FOR CANDIDATES SOLUTIONS 8 Must
Assessment 8 Want Assessment 10 ... Show more content on Helpwriting.net ...
It will aim to report the situation appraisal and analysis, issues, musts, wants and potential risks and
threats the justification of the solution we choose to implement. We will make use of the Kepner–
Tregoe (KT) Decision–making model for the decision making and analysis process. This tool
consists of four simple steps; Firstly is situation appraisal, followed by a requirements analysis,
which leads to a decision analysis – musts, wants, opportunities and risks and results in a conclusion
which will present the client with a justification of the recommended solution. Aside from the
individual analysis within the report, the team has agreed upon completion of all other analysis' and
research to be undertaken as a group. This will provide each individual with the best learning
experience and in turn create a report with cohesion. SECTION B: CORPORATE INFORMATION
AND REQUIREMENTS Corporate Background The heart of Orcon's business is the internet; they
provide a range of services, from broadband services to homes and businesses across the country, to
a selection of domain and hosting services. Orcon believe they are leading the way with innovation,
a "Can Do" attitude, and excellent customer service. Orcon are so committed to the cause; they were
New Zealand's first ISP Company to unbundle the local loop, which is a regulatory process of
allowing multiple telecommunications operators to use connections from the
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60.
61. Advantages And Disadvantages Of Supply Chain Management In...
2. PPC will run the MRP, on the basis of stock available schedules will get generated which will be
followed by procurement. There is no chances of excess inventory as the production is made on the
basis of the orders in hand. Excess stock may be available if orders get cancelled in a particular
month. Suppose customer order for 10000 for a particular month and gives 3 months tentative order
of same quantity but due to market situation it managed to produce just 5000 so in that case order
gets changed and this is quite normal in automobile sector.
3. Manufacturing bulk quantity Make to stock environment
4. Forecasting techniques followed: Lead time to customer starting from procurement of raw
material. Stages where the fluctuations can be ... Show more content on Helpwriting.net ...
Plan frequency and planning horizon depend on the specifics of the industry. Short product life
cycles and high demand volatility require a tighter S&OP planning than steadily consumed products.
Done well, the S&OP process also enables effective supply chain management. However, what we
have observed in Gabriel is that excessive dependence on platforms like SAP ERP 6.0 have made
the process totally system driven in nature. They have their own advantages and disadvantages. On
one hand, all the plans get generated automatically by the system and users are required only to
input data at various levels. On the other hand, at times system itself becomes a hurdle because
employees are losing their efficiency in planning and data management. In such situation system
down time at these companies' leads to huge loses and disrupts entire work flow. These companies
have limited practise of maintaining hard copies of data thereby making the whole process totally
dependent on IT and Software infrastructure and platform. Huge fees are paid for backhand support
for SAP ERP
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62.
63. Global Supply Chain Management And Its Application Within...
Introduction/Forward This term paper focus on my experience and the knowledge gain during the
fall 2016 semesters. The paper discusses the general topic on Global supply chain management and
its application within the business sector. In addition, to the general topic discussed, I would also
focus on the some of my experience doing the class and how those experience and knowledge
gained can help me in the future. In my further reflection of the paper I had focused on some topics
that I found easier to complete and other topics that did challenge me. My reason of giving a
reflection on those topics that were challenging and those that was easier for me, is to give a balance
of my experience of the class and lesson learn doing the semesters. To recap, on the course I would
say, the course was great and comprehensive in general. Over the few months getting to study and
understand topics such as, the field of operation and management, Product & process Design, six
sigma Quality and SQC, Strategic Capacity Management, Forecasting system, Facility Layout, Sales
and operation planning, Inventory Management, Material Requirement Planning, WorkCentre
Scheduling and Waiting and Simulation was a mind changing for me.
The study field of Operation Management, strongly give me an understanding of how operation
management can best be used to help design, improve and operate an organization system that
deliver the best output for creating
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64.
65. Case Study Of Taneja's Saras Aircraft Supply Chain
improving their strategic position within Taneja's Saras aircraft supply chain, namely through
reducing costs both by considerable changes in organization and management and by establishing
their own subcontractors network, onto which they shift a share of the cost increase. This aspect
clearly shows that the adoption of an MRP system at Taneja's Saras aircraft has two implications on
the supply chain: It imposes more stress in the supply chain. Subcontractors have to both reduce
costs and meet Taneja's new requirements; it is actually supportive of relations between customers
and subcontractors. Through changes in Material requirement planning professional skills and
information, subcontractors establish a strengthened relationship with the customer. From the case
study investigated, some remarks on the ... Show more content on Helpwriting.net ...
References 1. Asanuma, B (1989) 'Manufacturer–supply relationships in Japan and the concept of
relation–specific skill' Journal of the Japanese and International Economies 3(3) 1–30 2. Boeing
(1993) Current Market Outlook Washington. 3. Bowersox, D J, Clos's, D J and Helferich, O K
(1986) Logistical Management, Macmillan, New York 4. Chase, R B and Aquilano, J N (1989)
Production and Operations 5. Management. A Life Cycle Approach 5th edn. Irwin, Homewood,IL.
6. Contractor, F J and Lorange, P (1988) Cooperative Strategies in International Business Lexington
Books, Lexington, MA 7. Coyle, J J, Bardi, E J and Langley, C J Jr (1988) The Management of
Business Logistics West Publishing Company, St Paul, MN 8. Cusumano, M A (1985) The Japanese
Automobile Industry.Technology and Management at Nissan and Toyota Harvard University Press,
Cambridge, MA 9. Cusumano, M A (1994) 'The limits of "Lean"' Sloan Management Review
Summer 10. Da Villa, F (1991) Logistica Manifatturiera. Organizzazione Gestione dei Sistemi
Produttivi EtasLibri, Milano 11. De Bresson, C and Amesse, F (1991) 'Network of innovators: a
review and introduction to the issue' Research Policy (20)5
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66.
67. What Are The Advantages And Disadvantages Of Csd Canteens
INTRODUCTION
CSD owned by Government of India Enterprise under the Indian Ministry of Defence which was
created to provide "easy access to quality products of daily use at prices less than market rate" to
retired personnel of Army, Navy and Air force and paramilitary organizations serving under the
functional control of the Army.
In CSD one will find anything from grocery to liquor at prices below MRP rates and to be precise at
a discount of anywhere between 10%–60% depending upon the item it attracts taxes. For instance, a
Himani sonachandi / amritprash 450 gms with a MRP of Rs. 175 can be bought for Rs. 79 at CSD,
an exorbitant discount of approximately 55% which works out to be a huge savings for household.
However, these benefits can only ... Show more content on Helpwriting.net ...
A typical flow of goods and MRP calculation in a company as follows:
Step 1) Company Landing Price (CLP) includes cost of producing the product, profit, various taxes
paid (for instance sales tax)
Step 2) CLP + VAT (if any) + Octroi (if any) = Distributor Landing Price (DLP)....cost of purchase
for distributor
Step 3) DLP + Distributor Margin= Retailer Landing Price
OR Step 3) DLP + Distributor Margin + Wholesalers Margin= Retailer Landing Price (RLP)...Cost
of purchase for retailers
Typically, a distributor may sell directly to retailers or he may sell to wholesalers, who in turn sell to
Retailers. In latter case, the Distributors margin is shared with Wholesalers.
Step 4) Retailer Landing Price (RLP) + Retailer Margin = Maximum Retail Price (MRP)....price to
end customer
In addition to above, there are Bulk buying Discounts at the level of Distributor/Wholesaler/Retailer
To sum up above equation:
MRP = CLP + Different taxes + Margins of Distributor/ Wholesaler/ Retailer + Bulk Buying
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68.
69. Riordan Manufacturing
Running Head: Process Design for Riordan Manufacturing
Process Design for Riordan Manufacturing:
Inception to Production Planning
Writer's Name
Course Name, Semester No, Class Level
Supervisor Name
September 23, 2009
Introduction The present paper discusses the proposal package for Riordan which handles each step
of electric fans from inception to production. It includes the material requirement planning phase of
fans being manufactured at the China Plant. There is further analysis of existing process for the
production of the Riordan electric fans. It provides the basic outline for designing the new process to
remove the bottleneck in the process to optimize it for meeting the demands of customer by supply–
chain ... Show more content on Helpwriting.net ...
A supply chain for the electric fans The Supply Chain Management process is at the very center of
all the core operational processes of a company. It plays the role of a central nervous system
regulating the product flow by managing the associated information flow that runs through a
company. It has very strong linkages with major core processes like product development
management, purchasing management and customer relationship management. For instance, the
linkage between the Riordian Electric fan development management process and the Supply Chain
Management process is bi–directional: on one side, the product development process feeds the
Supply Chain Management process with the electric fans introduction plans and engineering change
notices on bill of materials and routings, while in return the Supply Chain Management process
provides the product development process with the supply chain constraints that need to be
considered when scheduling the development of fans, in order to make sure that these products will
hit the market at the right time. It will provide the Riordan Manufacturing an edge in the market
over other rival companies. (Chase, 2006). Outsourcing is one of the approach to offshoot the
responsibility and decision criteria to other companies which can take care of the several
70. components of the supply–chain. The inventory management process can reduce the cost of
operating firm's own
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71.
72. Research Paper On Dominos Pizza
Dominos is one the leading pizza delivery companies globally.The company has a unique business
and operational model and is a pioneer in the fast food industry.As per the research, the staff and
employees of this company are not highly professional and They paint the best quality in terms of
brand.Dominos Pizza Incorporation is currently facing a lot of completion from well–established
Competitors like the MacDonald Incorporation and Subways, Which are biggest players in the fast
food industry. The efficiency and effectiveness of the strategies currently under taken by Domino's
are essential in deterministic mining the dynamics of the company in future: this is the aim of this
report as it seeks to give an appraisal of the strategies and finally ... Show more content on
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The company should also focus on lean manufacturing because it has certain positive points like
increase of efficiency, decrease in the waste, improvement of control and also this will create the
unique demand and need of the customer in terms of products. It will also offer cost savings strategy
and will maximize the high amount of values with high
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73.
74. Advantages And Disadvantages To Management And Organization
(v) Advantage to Management and Organization.
(a) It helps in receiving better, productive and viable arranging.
(b) Better input and powerful control framework can be introduced in distinctive circles of
exercises.
(c) It helps on coordination and synchronizing, the worker's endeavors towards the same objective
as of the administration.
(d) Reduced clashes with exchange unions and consequently lessened and wiped out strikes and
lock–out.
(e) Reduced non–attendance, tumover and mischances.
(f) The administration can productively and viably introduce and build up the new strategies of
generation and mechanization, if any
(g) Improved and better human relations.
(h) Higher resolve among specialists which prompts better collaboration, helping state of mind and
up mentality of solidarity.
(j) The administration can ... Show more content on Helpwriting.net ...
Since interest incorporates deals requests and figures, the main down as far as possible are gauge
exactness and PC handling rates.
quickly make precise convey duties to clients.
perform multi–plant arranging and planning which answers inquiries, for example, "in which plant
ought to this creation be sited?"
plan all through the inventory network
deliver different advantages of a decent generation.
Propelled Planning and Scheduling Replaces MRPII Planning;
The advantages of Advanced Planning and Scheduling programming permit noteworthy changes to
MRPII's customary creation arranging/booking and scope quantification model. As demonstrated in
the outline beneath, the MRPII model for arranging and booking promoters the utilization of diverse
methodologies (Production Planning, Master Production Scheduling, Material Requirements
Planning, Production Activity Control) over distinctive time skylines. Every methodology has its
own particular variant of Capacity Planning to recognize and conform for limit awkward nature.
Since these
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75.
76. Logistic and Supply Chain Management
RMIT INTERNATIONAL UNIVERSITY VIETNAM
Introduction to Logistic and Supply Chain Management Individual Case Study
NAME: Tran Thi Kim Mai
ID Number: s3231137
LECTURE: JAMIE CALBETO–Group 10
Bachelor of Commerce Program
ASSIGNMENT COVER PAGE
Your assessment will not be accepted unless all fields below are completed
Subject Code: OMGT2085
Subject Name: Introduction to Logistics & Supply Chain Management
Location where you study: RMIT Vietnam – SGS
Title of Assignment: Individual Case Study
File(s) Submitted 1
Student name: Tran Thi Kim Mai
Student Number: s3231137
Student Email Address: s3231137@rmit.edu.vn
Learning Facilitator in charge: Jamie Calbeto
Assignment due date: 12 December 2010 ... Show more content on Helpwriting.net ...
The inbound start from the suppliers to manufacture and the out bound begin from warehouses to
end users.
Level M?MA Main Players Role in the supply chain
1 Flowers
Plastic
Wax, oil, and antioxidants
Minerals, Vitamins Supplying flavors to manufacturer
Supplying box containing for cosmetic products
Lipsticks
Powder makeup
2 Manufacturer in Binh Duong province, Ho Chi Minh City Collecting all raw materials to the
77. manufacturer.
With a process of measuring, checking and testing seriously to make a perfect final product.
All finished products are transported and kept in the warehouse Warehouse in Ho Chi Minh City
Warehouse in Hanoi Maintaining and keeping the products in a best condition before delivering
them to the distributors.
3 Distributors The middle channel which expands the products to other cities in Vietnam
Though distributors, the products are allotted to customers by retailers and wholesalers
4 Super Markets
Department stores
Boutique shops
Hair Salon Chains
Malls and Shopping plazas A system of wholesalers and retailers, which provide the products
directly to the end users–customers.
SWOT Analysis
Strength
With a transportation based 3PLs
Reduce the cost of investment on transportation and the order cycle time
Raw materials are in high quality
Raw materials are imported from other countries (USA, Philippine)
Local supplies
Reducing the order
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78.
79. Transitioning from Legacy Systems to an Enterprise...
Transitioning from Legacy Systems to an Enterprise Resource Planning System:
Benefits and Challenges
William Ward Lewis
CIS 537
Prof. R. Shi
June 16, 2008
Abstract:
As a result of technological advancements, modern businesses seek new and improved methods of
conducting their business processes. Systems have been designed to augment and manage core
business functions such as production, accounting, procurement, and human resources. However,
even with these systems in place, information is unreliable and inconsistent if they are on disparate
platforms. Enterprise Resource Planning (ERP) software tackles this problem by integrating
business processes into a centralized system. ... Show more content on Helpwriting.net ...
Most of the information that was used to compose this paper was taken from prior ERP articles,
online reference tools, and ERP books.
What is an ERP System?
An ERP system integrates an organization's data and services in a single system. ERP systems
combine computer hardware and software during the process of integration. One thing most ERP
systems have in common is the use of a single database that is used to store information for different
system components. To obtain an ERP status, a given software package must successfully function
as at least two systems. For example, a software package can hypothetically be considered an ERP
system if it can execute human resources and financial functions.
Even though this will accomplish the function of an ERP system, ERP applications typically support
much larger business platforms (Wikipedia, 2007).
ERP, in its entirety, provides a single database that stores all the data for its individual modules.
Some of the modules an ERP system supports include, but is not limited to:
Manufacturing
Supply Chain Management
Financials
80. Projects
Human Resources
Customer Relationship Management
Data Warehouse
Table 1.1 summarizes the various modules that an ERP application supports and the business
functions that are carried out within each module.
Table1.1 ERP modules and supported business functions
ERP Module
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81.
82. Mg375 Operations Management Student Study Guide Final...
MG375 Operations Management
Student Study Guide
Final Examination 1.12
This is a two–hour, closed book and closed notes test. Therefore, it cannot be a take–home test.
Students may use a hand–held calculator during the test provided it does not have features that allow
it to take pictures or otherwise store test information other than the current calculation. The
calculator cannot have means to communicate via email, instant messenger or any other means.
Students are not allowed to use a computer during the test. Students are not allowed to bring extra
"scratch" paper to the exam. They can use the back side of the test for scratch paper if needed.
The examination contains twenty multiple choice questions valued at 5 points ... Show more content
on Helpwriting.net ...
2 The outputs can be products, services, information and experiences. The transformation of inputs
into outputs can be physical conversion or alteration, transportation, storage or inspection when
dealing with goods. 3 For services, the change would be more at a personal or even psychological
level. From a value perspective, value is created when the value of the outputs is greater than the
sum total of the value of inputs. Asforthe word 'management', there has been long debate about its
meaning. For our purpose, we take the perspective of the functions that managers perform. The five
traditional functions that managers perform are planning, organising, coordinating and controlling of
resources. Combining these separate definitions into one, operations management can therefore be
defined as the planning, organising, coordinating and controlling of transformation of inputs to
outputs. These aspects can be represented in the form of a simple model as shown in Figure 1.1. b)
Describe how focus dimensions affect the selection of a process structure and develop advantages
and disadvantages for using each process structure in a specific situation. c) Project; In this
arrangement, the product remains in a fixed location and
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83.
84. A Brief Note On The Industrial Engineering Of A Motorcycle...
II. Career Episodes
2.1 Career Episode 1
2.1.1 Introduction. In this career episode, I describe an industrial engineering task which I undertook
as part of my educational program in the bachelor degree program in Industrial Engineering
department, Faculty of Engineering, Andalas University, Indonesia, during 1998–2003. In this task, I
worked with my team to solve industrial engineering problems within a motorcycle carburettor
manufacturer by predicting customer demand through forecasting activities, for later, was used to
develop the aggregate production plan, master production schedule, rough capacity planning
materials and capacity planning.
2.1.2 Background. As part of management decision, production planning can be defined as the ...
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Moreover, production planning and control is useful to meet demand in order to obtain the
maximum profit. In this task, I lead my team to conduct forecasting of customers demand for one
year period and to develop an aggregate planning, master production schedule (MPS), rough cut
capacity planning (RCCP), material requirement planning (MRP) and capacity requirement planning
(CRP). These activities are part of the effective and integrated manufacturing planning and control
processes which is known as MRP II (Manufacturing Resource Planning), the predecessor of
enterprise resource planning (ERP). The relationship of these processes can be seen in Figure 1. Our
project was related to processes of top management planning and operation management execution
in this figure.
2.1.3 Personal Engineering Activity
2.1.3.1 Forecasting. Forecasting is the first important activity to determine production schedule in
the future. It was done by predicting the future customer demand for a certain product or several
products which later will become the target for production based on analysis of historical data.
There are several phases for conducting quantitative forecasting, including: 1) Plotting the historical
data [there are some possibility of data plotting: constant, linear, seasonal, cyclical and random] 2)
Choosing several forecasting methods which is
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85.
86. Operations Management
Operations Management – Chapter 12 – Help Test Questions 1. 1. MRP works best if the inventory
items have dependent demand. True False TRUE MRP is best for dependent demand scenarios. 2. 2.
Low level coding represents items less than $18 per unit. True False FALSE Low–level coding
codes items at their lowest BOM levels. 3. 3. Independent demand tends to be more 'lumpy' than
dependent demand meaning that we need large quantities followed by periods of no demand. True
False FALSE Dependent demand is more lumpy. 4. 4. Lumpy demand for components results
primarily from the periodic scheduling of batch production. True False TRUE Batch production
leads to lumpy demand for components. 5. 5. MRP is used within most MRP II ... Show more
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True False FALSE A net–change system is updated as transactions occur. 21. 21. One reason that
accurate bills of material are important is that errors at one level become magnified at lower levels
because of the multiplication process used by MRP. True False TRUE Small higher–level errors can
be magnified into larger lower–level errors. 22. 22. A regenerative MRP system is one that is
updated continuously – every time there is a schedule change. True False FALSE Regenerative
systems are updated periodically. 23. 23. One of the primary output reports of MRP concerns
changes to planned orders. True False TRUE Changes to planned orders can be outputs from MRP
systems. 24. 24. Safety time is sometimes used in MRP rather than safety stock quantities. True
False TRUE Safety time is a substitute for safety stock. 25. 25. Lot–for–lot ordering in MRP
provides coverage for some predetermined number of periods using forecasted demand to extend
beyond the orders already received for those periods. True False FALSE This is fixed–period
ordering. 26. 26. MRP output reports are divided into two main groups – daily and weekly. True
False FALSE The two groups are primary and secondary. 27. 27. In MRP, EOQ models tend to be
less useful for materials at the lowest levels than for upper level assemblies of the bill of materials
since higher–level assemblies have larger
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