Case 1: Material Requirements PlanCase 1The procurement team needs to plan for the purchase of parts and based on assembly. The purchase lead time for any order is one workday, except metal plates have 2 days lead time. Also, the company has some inventory of parts from previous purchases: 20 top boards, 160 legs, 40 metal plate, and 90 metal screws. The procurement team knows top board, leg, and metal plate are purchased in lot-for-lot, metal...
RequirementsThis assignment will require your group to conduct a comprehensive Operations Management (OM) analysis of an organization of your choice.Requirements:1. Your group will select an actual company of your choice. Select a business that you are familiar with, is of interest to you, and where one of the members of your group currently works. Having access to managers and other personnel will be of benefit when doing your topic analysis. A...
Task: Using the materials learned each week throughout this course, in your groups create an Operations plan for the selected scenario provided by your instructor – Mark Bukata. The written report must be completed to a highly professional level. Clarity, appearance, content, spelling and grammar are all important aspects within the report.Where information is not provided your Group may make assumptions based upon some business logic. The...
Task: The purpose of this case is to provide students an opportunity to further develop their communication skills, whether it is oral and/or written.(a) Experiment with the different forecasting methods discussed in class (moving average, weighted moving average, Exponential smoothing, Seasonal variation in data, Exponential smoothing with trend (Holts method) Trend projection) to come up with “the best” forecast for the daily pas...
1. Assess key factors influencing effective management of operations 2. Evaluate the fundamental concepts, tools and techniques of operations management3. Apply operations management tools and techniques to business problems4. Approach and manage data and information, problem solving and decision making effectively5. Analyse data and information using relevant operations management tools and concepts6. Apply analytical and problem-solving ski...
Essential Differences Between Virtual, Managerless, and Conventional Forms of OrganisationA virtual organizational structure is an opportunistic alliance of core competencies distributed among a number of distinct operating entities within a single large company or among independent companies. For a manager-less organization, the structure seems to be based on a “network of teams“ or self-organizing teams with end-to-end responsibi...
Capstone Project InformationThe purpose of this project is to use statistical analysis to identify a possible business problem, verify whether the problem exists, determine whether attempted actions to correct the problem have been effective, and make recommendations for next steps to address the issues. In this project, you will analyze data for a company that processes and packages breakfast cereal. Complete the analysis required for ...
Questions: 1. The attached pdf file is an excerpt from the following book which provides hands on exercise on AnyLogic. You can down load the original book from: https://www.anylogic.com/resources/books/free-simulation-book-and-modeling-tutorials/ Follow all the steps outlined in SEIR model in the attached pdf file Complete the exercise. Save the output of each st...
Question: Experienced engineer working for EMU Consultancy, is given an engineering task for improving the Mechanical pencil in The provided pen does not have any drawing or operation manual.In a recent new product survey report customer’s needs are summarized as - balletic, strong, easy to control and maintainable, durable, safe for children and comfortable with some modern (21st Century) add on-features. As a result, the improvised pr...
Task1. The Great North Woods Clothing Company sells specialty outdoor clothing through its catalog. A quality problem that generates customer complaints occurs when a warehouse employee fills an order with the wrong items. The company has decided to implement a process control plan by inspecting the ordered items after they have been obtained from the warehouse and before they have been packaged. The company has taken 30 samples (during a 30...
Task: Today your team will formulate a strategy to execute next class meeting (“round 2 game day”). The following questions guide you through the most important considerations in formulating a strategy; your deliverable is the answers to these questions.1. Describe the arrival process during peak demand (days 120 to 180). Specifically, quantify:• the average arrival rate (in samples per day)• a, the average inter-arrival time (in hours...
M/M/c Queueing System to Analytically Determine Operational CharacteristicsTasks – Comparison of analytical and numerical solutions for Digital Fingerprint process 1.Use an M/M/c queueing system to analytically determine the operational characteristics of the digital fingerprinting operation (provide times in units of hours). 2.How many CSIs are needed at any one time to meet the demand generated through petty crime? 3.Simulate ...
Interdepartmental Communication and Feedback SharingOverview Managing and optimizing brand equity is one of the long-term goals of any organization and thus it is a joint responsibility of all the functional departments. Brand equity is the set of assets linked to the brand. These assets include brand awareness, brand loyalty, and brand associations. Appropriate alignment of key departments with marketing is a key element in the brand management...
Scenario OverviewSection A Consider the scenario where an engineering team is building a new product, a product manager designs the three components of the product, and 3 developers each implement one of the designs into a functionality, which combines into the product. Then the QA engineer examines the product for issues and a release of the product to customers occurs. The Pm, DV1, DV2, DV3, QAE nodes respectively denote the probability that t...
Question: Task: Critically review and compare the engineering strategies of two major global automotive manufacturing companies. Your research from publicly available information should include each company’s current and future-oriented research and development (R&D), technology and innovation strategies. Context This assessment will provide you with an opportunity to research and learn from the experience of two major comp...