Production Case Studies Samples For Students

Introduction

Managing the inventories in the modern manufacturing operations is a tough process. Many manufacturing plants, both big and small, are facing problems in managing their inventory properly. Hence, companies are exploring new systems and software that can help in managing the inventory properly. One of the most popular software that is used to efficiently manage inventory is the Material Requirement Planning or MRP. MRP helps the companies in taking informed decisions regarding the efficient management of the company’s inventory (Vonderebse & White, 2013).
Other than helping companies in efficiently managing their operations, they also help them in improving the ...

- You are required to evaluate, the two options for the production of product Z.

Comment and advise Tony accordingly in the production of product Z.(25 marks)

Answer:
Assuming 40,000 production levels, the cost associated with both the options are as below:
It can be easily seen that the cost of producing 40,000 units is less in case of labor intensive option than the machinery option. For low production levels, it is recommended that labor intensive option is a better option.
However, as the production level goes up, machinery option covers up for the extra machine rental expense and at some level produces units at a lower cost ...

Introduction

Material Requirements Planning (MRP) and Kanban control systems are one of the most prominent production planning and inventory control systems of today. These systems are the most popular implementations of push and pull strategies respectively. Speaking of MRP, it is a material control system that tries to maintain adequate inventory levels to ensure that the required materials are available, when needed. MRP is used where there are multiple items with complex bills of materials. It is not suited for continuous processes that are tightly linked.

The major objective of an MRP system is to simultaneously:

- Ensure the material availability, components, and products for customer delivery and planned production.
...

Implement lean elements on project management

Operation management is a comprehensive process of coordinating all activities in a project in order to achieve the set goal within the stipulated framework. Every operation manager designs a network schedule of the sequence of all activities, their succeeding process, slack time and the maximum time which the whole project should consume from the initial to the final stage. The goal of managing a project is to ensure that the process is time-framed, cost-effective and maximum utilization of resources. A lean operation is a production strategy that strives to improve the project schedule, carriage costs and improve the value addition of the customers. The ...

Question One

- Craft production system
One of the main advantages of craft production systems is that even if the volume of production is low, the products fetch very high prices. Additionally, the quality of the products is high because the process is coordinated by the owner while he is directly in contact with the customers, contractors and workers. This notwithstanding, the production can only be owned by the rich because it is capital intensive. The quality of the products is still unpredictable because all products are essentially prototypes.
- Mass production systems
This system is advantageous in ...

Strategic Analysis Alacer Gold Corp and Gold and Mining Industry

Introduction
Gold is a precious metal with high ductility and malleability, and it finds application as jewelry and investment. It is considered to be one of the safest bet for investment, especially during economic instabilities. Consequently, rapid political instabilities in the Middle East and financial crisis led to rapid increase in the price of gold worldwide. Technological innovation is also a major factor that affects the gold and mining industry. Therefore, the strategic analysis narrows on the gold industry, with a specific focus on Alacer Gold Corporation. It looks at the trends in the industry and how Alacer Gold ...

Summary of Main Issues Discussed within the Case Study

Further, the author talks about OPT contracts and how they have been beneficial to countries located within Europe. OPT contracts refer to agreements through which firms within the Euro Zone are protected from stiff competition from other regions such as China due to the production costs differential. One of the privileges they enjoy is the freedom to export temporarily. One of the countries that have gained from OPT agreements is Romania, which is one of the poorest countries in Western Europe. This is because OPT agreements led to a significant increase in the orders made from Europe. This in turn ...

Introduction

The paper focuses on the project management problems that faced Rony’s project. The project was commissioned by The Custom Ronworking Company. The president of the company, Emelia Carpenters, contracted W.Easly Associates to conduct a post-project appraisal of Rony’s project. The project involved expansion of the company’s production facilities. The expansion included expanding the manufacturing and production residence. The plans were occasioned by a mini boom experienced in the commercial construction field in NSW, Rony’s hometown.
A decision was reached to go ahead with the expansion and Spencer Moneyworth, the vice president; Finance and Administrator were ...

Statement of the Problem: Shelby Shelves which produces two varied shelves meant to be used in the grocery stores is concerned about changing its next month’s production plan. The two different shelves produced are S and LX. Shelby Shelves is a small time company which due to the fierce competition that is prevalent in the market needs to think twice before offering its product at a costlier price. The company by revising its production plan for next month wants to augment its profit volumes. Since, pricing the products at a higher range is not an option for the company, Shelby Shelves ...

The business organization under analysis in this case is Mueller-Lemhmkuhl that is involved in production and sale of apparel fasteners and it is located in Germany, Europe. The company has operations on the international front though it is faced with multiple challenges that inhibit is profitability and market dominance. The cost accounting model used has flaws and impinges on pricing of fasteners leading to reduced earnings due to intense competition from rivals. The President of the company, Dr. Richard Welkers attested that HI, a Japanese firm poses a great challenge to Mueller- Lemhmkuhl due to their price wars, as they price ...

Analysis of the Documentary Food, Inc. through the Lens of Ethical Theories and Ideas

Some may wonder whether the food choice is an ethical issue. After all, we make these choices at least three times a day and our individual decisions influence the global industry of food growth, production and processing. As Jones, Cardinal and Hayward remind us, we exist in society and are connected to other people. This is why our choices, in our case, the food choices, affect other people, and their decisions influence us as well (2006, p. 3). Various theories of ethics propose different ways of viewing the problems of food production and consumption and seek solutions in distinct ...

LEGO is a Danish company that was founded in 1916. Now this company is very popular around the world thanks to the legendary bright construction toys that develop imagination of the children. However, LEGO has been experiencing a very large number of problems since the late 1990s. In the case study the central focus is given to the LEGO’s business strategy that failed to respond to the changed buying habits and globalization issues that significantly reshaped the toy industry. Some of the reasons of the LEGO’s failure include the decision to open one more own plant in ...

- Discuss the case in terms of the attitudes and beliefs of the managers and workers. Pay particular attention to issues related to satisfaction and organizational commitment.

The case is a perfect example which portrays the intricate relationships of the persons of a factory which govern the production and work. The proprietor of the company, J.K. Roberts had kept an amiable relationship with his employees and that came across as a positive thing for all the workers. The company had been seeing good growth until the recent times when it was faced with competition which ...

Inequity

Comparison often gives rise to inequity perception or feeling within employees. This is quite similar to the case at Plantir, where the management observed dissatisfaction and lack of motivation in the employees which eventually resulted in the retirement of Colin (production manager). Although, the company was able to gain its desired objectives (i.e. increase in the level of sales and the generation of cash) but the obsession to increase sales and profit to reduce cash pressures led to the dissatisfaction of several employees, even including the production manager. The sales team was awarded with lucrative bonuses and rewards, whereas ...

Introduction

The term lean production refers to a management production approach that focuses on reducing waste while at the same time ensuring that high quality products are produced. The lean production tools and principles aims at reducing costs associated with production as well as ensuring that the process of production is made efficient and responsive to the needs of the market. Lean production can be used in all aspects of production ranging from design to distribution of the products produced.

The company is currently facing certain problems which are making production which are reducing production inefficiency. For instance, large amount of ...

Eddison electronic company is firm that engages in manufacturing and selling of electronic products. Based on the journal entries posted in 2005 financial year, it is evident that the firm has been in operation in yesteryears. The assertion is confirmed by the postings of raw materials, work in progress and finished goods inventory in the month of January. Like in most companies, Eddisson creates an allowance opportunity for customers to purchase items for cash or credit basis. In particular, the firm’s journal entry indicates that the sales department recorded $29440 and $28460 worth of electronic goods sold on ...

Introduction2

The opportunities and challenges of the biofuel industry..3

The demand of farm and food products by biofuel4

Socio-political and economic factors of biofuel4
Technological impact of biofuel5
Legal and regulatory factors surrounding the development of biofuels6
The ethical debate surrounding biofuels6
Food security in a growing world population7
The future of biofuels in Canada8
Conclusion..8
Work cited..9
Biofuel
Introduction
The change in preference on the type of fuel needed across the globe has been influenced by the need to have enough fuel to sustain its demand. The global supply may not be enough to sustain the worldwide demand. Fuel ...

STRATEGIC OPERATIONS MANAGEMENT OF TOYOTA

- CRITICAL IMPORTANCE OF STRATEGIC OPERATIONS MANAGEMENT TO A WORLD CLASS COMPANY
In the contemporary world, businesses provide a great of attention to the operations management of operations of activities. It is for the reason that organizations are evaluation by the quality and strength of its operations’ performance and not only by the claims that organizations make. Simply stating operations management is concerned with the activities of transformation of input into output. This three element process includes the role of material, skills, energy, information and capital and so on in best mix which in turn produces output that is ...

Introduction

Question 3:
The difference in figures is due to the effects of transition costs and its general effects in products. The company changes based on production of the new product has large quantity of overheads. Computer systems and support expenses. The overheads to the new production of pens are significantly expensive as accordance to the ABC model, which is the true reflection of the determination of costs.

Question 4:

The ABC analysis business term involves A items, a very complicated recording system of control and accurate record B items, a less tight good record which is fairly controlled and the C items ...

How was Lincoln able to grow and prosper for so long in such a difficult commodity industry that forced out other giants such as General Electric, Westinghouse, and BOC? What is the source of Lincoln’s outstanding and enduring success?
Lincoln Electric was able to emerge as successful above similar competing firms due to the policies it implemented in the management of the firm’s resources and employees. The management set up well defined incentive systems to improve its production. This involved motivating employees using structured compensations and benefits. This required a critical balance in sharing the company’s profits ...

External Analysis

The first opportunity was holding a design contest for its first product. In this manner, the company managed to secure the manufacturing and engineering expertise of Lotus cars who brought experience to Tesla Motors. The use of Lotus’ software and tools also ensured that a company that has specialized in the area built the chassis. There were financial challenges that faced the company due to the misleading by the CEO, who lied to the investors about the manufacturing cost of the car. Furthermore, there was a discovery that the technology used was outdated, resulting in safety issues in the ...

Question 1

Financial managers play an important role in an organization. They are required to manage an organization’s financial activities in line with its underlying goals and objectives. Financial management activities aimed at increasing and organization’s profit shence contributing to subsequent growth of a firm. A firm’s investment in productive projects or in any production process has a great impact on the returns the shareholders will acquire. This comes in as a result of taking a safety investment which is certain of making profits to the firm. Earnings from the invested funds of such projects ensure that the shareholders are contented with ...

Integrated case analysis

Introduction
Strategic management refers to the ability of managers to execute a collection of strategic policies in order to outsmart their rivals in the regional and global market. It is an intellectual approach by the management where they review their current performance and devise strategies to improve on effectiveness and profitability to seize competitive advantage over their rivals. Ford motor company has had a series of ups and downs in the automotive industry due to advanced technology and increased competition. The situation has prompted the management to review its strategic plan with intent to regain its market share and retain a strong ...

Business

2016-07-28

Introduction

This paper is devoted to the company Nissan Motor Company Ltd. and its management system. The great attention is paid to the operations management, supply chain, inventory management and other aspects, which can significantly impact on the company’s effectiveness.
Nissan is currently demonstrating a steady growth in terms of volume of production and sales, as well as developing its technologies in different fields. Nowadays, the company Nissan produces cars in twenty countries around, which include Japan, USA, England, Spain, India, Brazil, Mexico, Russia and others. Sales are conducted in more than one hundred and sixty countries.
Company ...

Introduction

Levi Strauss and company was established in 1853 by Levi Strauss and produced riveted jeans. Levi Strauss America (LSA) is the largest employing over eighteen thousand staff throughout the Latin States, United States, Canada and Mexico. The company has different marketing brands under its trademark namely: The Slates®, Levis® brand and the Dockers® brand (Downey, 2009).

Does LS&C act in a responsible manner while closing its North America production operations?

Levi Strauss and Company (LS&C) decided to close its North America production operations. The company acted in a responsible and justifiable way. They were RIGHT to close their operations as a result of the challenging productions process; high input costs and low returns from investments. ...

The production director of Wilmslow Ltd wants to schedule production for quarter 3 (the twelve weeks ending 17 September) and asks you to use the revised information to prepare the following:
- The revised production budget for Alphas and Betas;

Closing stock is 5 days and 10 days of sales for Q4, for alpha and beta respectively, which is 20% more than the new estimated demand, so the Q4 estimated demand is 120% of 2000 and 2400 respectively
=120/100*2000=2400
2400/12=200 units (12 weeks because each week is 5 days)..For Alpha

For beta;

=120/100*2400=2880
2880/6=480 ...

Part. 1.
Inter-organizational systems (IOS) are automated information systems shared between one or more organizations. They are ICT based systems that enable businesses and organizations to electronically perform and conduct businesses and share information across business boundaries (Oz 2009, pp 87). Since the establishment and the increasingly availability of information systems and the internet, there has been few limitations of technological barriers (Schmidt and Jared 2013, pp 59). However, this does not imply that IOS operations are successfully implemented or have no limitations and challenges.
The supply chain management has been considered one of the crucial elements ...

Business Globalization

Introduction
Globalization can be defined as the process if interaction and integration of people, organizations and the governments of diverse countries. Globalization is mainly attributed to international trade and global investment, which have been facilitated by information technology such as the advent of the internet and fast data communications (Hill & Cronk, 2010). In the business context, globalization serves to eliminate the variations that exist within the global economy, which implies that global trade is conducted on a universal platform. The concept of globalization is not new to business environment. This business-economic event influence many concerns and issues to the ...

Key Problems Identification

External
Increasing competition
In 1990s, the competition in the frozen desserts industry was on the rise. As soon as the market preference changed to healthier food habits, there was a rush to introduce the lower fat products and the ice cream market got fragmented increasing indirect competition manifold. The demand for such low fat frozen desserts continued to expand with an overall shift in preference towards the lower fat products as late as 1995. Especially the market share of the super-premium segment was being lost to the premium segment in Ben and Jerry hardly had any penetration.
The increasing ...

1.
The choice to go on ahead with installing micro-processors is very important. It would not affect employees in any way but scrap would be reduced and the time spent by employees in re-configuring the machines would also be reduced. The micro-processors will benefit the bottom line of the company. If Norm goes ahead and installs the microprocessors without informing the team, a few problems might arise. The teams have been involved in such decisions and even more difficult decisions in the past. If the microprocessors were installed without them being informed, it might cause them to think that ...

Introduction

The case dwells upon a decision, which is to be taken by the Global Positioning System Navigator (GPSN) Manager Wally Wizard at the largest automobile manufacturer in the United States, Behemoth Motors Corp (BMC). The scope of the decision looks at two alternatives: 1) in-house production of 8,000 units of GPSN per months to be installed on the Sports Utility Vehicles (SUV), and 2) outsourcing of this production volume to reasonably new Far East Enterprises (FEE) Company under the terms of two-year contract. There are three critical aspects that should be considered as part of the decision-making process: financial ...

Production Possibilities Frontier

The production possibilities curve is a geometric representation of production combinations of two products that can be achieved with an economy using the available resources efficiently. The resources are fixed and the technological condition in the economy constant. Any production along production possibility curve represents an efficient and full employment of the available limited resources (Fte.org, 2014).
The diagram above shows a PPC in a nation’s economy. The above economy can only produce product Y and X. If the economy uses all its resources and technological conditions efficiently, it will produce along the PPC curve (Krugman & Wells, 2006). Different points ...

Abstract

In this paper, answers to the questions pertaining to the case study on motivation and work behavior are presented. The case is about the behavior of employees working for the J.K. Roberts Company.
- Discuss the case in terms of the attitudes and beliefs of the managers and workers. Pay particular attention to issues related to satisfaction and organizational commitment.
The case is about the behavioral problem of the people working at the J.K. Roberts Company, manufacturer of large sliding doors.
Peter Roberts, the newly appointed Production Manager is the son of Mr. J.K. Roberts. He ...

The two products that Timbuk2 makes and sells are the San Francisco based custom tailored messenger bag and the Chinese produced laptop bags. The competitive dimensions driving sales of the bags are different. However, they enjoy the same synergy that is the brand image that the firm has acquired of its products over time. The key dimensions driving sales of the messenger bag include the fact that it is tailor made to the requirements and needs of the consumer. Indeed, clients have the opportunity to give their specifications and designs and the same is incorporated in the production process. ...

1. The primary mode of production processing used at Stickley Furniture is batch processing where work is divided into different operations. Batch production is when items are manufactured in batches instead of being manufactured singly or through a continuous production (“What is Batch Production?,” 2012). A specific process for each item occurs at the same time on a batch of items and that particular batch does not go to the next production stage or to the inspection stage until the whole batch is finished. At Stickley Furniture, in particular, parts of the furniture are produced in batches and kept in the ...

Major facts

The case study focuses on Eastern Gear Inc., a firm that manufactures gears according to customers’ specifications. The firm has been in existence since 2007 to date. The firm has, managed to grow in terms of annual sales. However, it experienced a loss in the first two years of operation. The firm’s management comprises of the president, a sales manager, an engineer, a production supervisor, an expediter, and a controller.
The president arranges for the financing of the company while also handling contracts with large customers. The company engineer designs the company’s products. He also maintains the production equipment while procuring ...

Management Accounting

Step 1:
Question 1:
The total variable cost for the company comprises of manufacturing costs and sales and administrative cost. Accounting both, the total variable costs for the firm was calculated at $10 per unit

Question 2:

The total production costs for any organization is bifurcated as fixed costs and variable costs. Important to note, while the variable costs and output carry a direct and proportional relationship, fixed cost is not related to output level and remains constant throughout. In other words, while the variable costs increase in proportion to the increase in output level, fixed cost does not change and ...

Executive Summary

This paper espouses the application of lean management system of Just in Time Distribution (JITD) by a manufacturing company called Barilla Spa. At the onset, the fundamental problem in the operations of Barilla is that there are various fluctuations in their pasta orders. These are brought about by several factors like transportation discounts, volume discount, promotional activity, the lack of a minimum or maximum order quantities, product proliferation, long order lead times, poor customer service rates, and poor communication. This case considers all these problems to come up with a better system which primarily involves a more effective and efficient approach to shorten ...

Operational activities are critical component of businesses and organisations. Business ventures are started to provide services and products to clients. The operation is concerned with transformation of available resources into outputs which include products and services. Therefore, the management of company operations is crucial. The operation management involves planning designing, and monitoring the production process and improving systems and structures for purposes of achieving high efficiency. This requires a strategy which outlines how an operational objective is to be achieved. This essay uses Apple Inc to illustrate the concept of strategic operation management. It examines the company critical components of ...

This paper is committed to determining the optimal plan of product of two shelves types, S and LX. It highlights which combination of shelves to allocate optimally the capacity available to help the organization maximize its total profits. Besides, it undertakes to carry out sensitivity analysis to help in understanding how total profits changes as selected inputs are changed, that is, the selling price and the material cost.

Executive summary

This paper is concerned with the determination of the optimal decision variables, that is, the number of production units for every shelve model that helps the company maximize its profits and ...

Abstract

Zara International is a clothing and accessory retailer with operations in 88 markets around the world. Spanish Inditex Group owns the company that deals with men clothes, women clothes and has a Zara Kids for children clothing. Zara is one of the most successful fashion retailers in the world. The success of the company has been attributed to strategic management capabilities that involve the inventory management and as well the human resource management. The company human resource strategy was to include a Spanish manager in every store. This allows the company to maintain a management culture that is efficient ...

Apple Inc. was founded in 1976 and for many years its development depended on the business strategy that effectively addressed the so-called Porter’s Five Forces. However not always the company was able to take the correct steps in order to stay at the top of the competition. There were several troublesome periods and changes of the CEOs and other top managers in order to respond to the crisis or bad financial performance. Nevertheless, Apple was able to create several competitive advantages that later helped the company to become one of the most respected companies in the computer industry. ...

Virginia Mason Medical Center: Kaplan’s Role and Learnings from Toyota

Virginia Mason Medical Center: Kaplan’s Role and Learnings from Toyota

Introduction

Virginia Mason was founded on 1920, when two physicians decided on a new medical practice approach, sharing one vision, “A single place where patients could receive comprehensive care for virtually any medical problem”.

Over the course of successive decades, practice grew potentially as it evolved to a world class-medical facility. On the tip of twentieth century, the Virginia Mason, being a nonprofit organization (reorganized from partnership), with a 336-bed care hospital and 400 physicians and multiple clinics located throughout the region, was a facing an alarming problem for ...

Problem Outline

Cox’s Container Company (CCC) is a medium size manufacturing company that produces both large and small containers. In the last few years, the company’s profitability has gone down due to increased competition from similar companies that have reduced CCC profit margins.
CCC needs to change its culture and structure if it is to remain profitable and therein lays the problem. The employees are not willing to implement the new changes and thus they are not cooperating. The new management team has not introduced the changes well since it has not consulted any of the employees. There has ...

1.

Analysis of Sherpin’s Markets Key Order-Winners

The table shows the key factors in order-winners in the market of Sherpin, which is a strategic business unit within Northrop Industries. Jim Heaton, sales manager, explained that every project they make is designed specifically to meet the technical requirements of the customer (Hill 2000).
2. Operations

- The operators in the production section are extensively trained in the use of techniques such as statistical process control (SPC) in order to ensure that quality standards are met.

Purchasing

- In the past years, the company held buffer and stocks for future demands so that the operation would not be ...

Analysis and Discussion 4

Similarities:.. 4
1. Operations.. 4
2. Distribution System 5

Differences:. 5

1. Outsourcing or own tanneries? 5
2. Management 5

Implications on applied project 6

1. Global Value Chain 6
2. Supply Chain and Distribution Channels 6
3. Risks 6

Conclusion 7

1. Business success of companies going international depends on
value chain management. 7
2. In-house production versus outsourcing. 7
3. Outside-in perspective versus inside-out perspective. 7

References 8

ECCO Global Value Chain Management
Introduction
The Danish shoe company ECCO A/S (ECCO) occupies one of the leading places in the footwear industry and is known for its innovative production ...

Introduction

Regardless of the type of organization, a veritable menagerie of processes must be completed in graceful precision to ensure the firm is able to maximize the efficiency of its value chain, and thusly, ensure maximization of its revenue generation activities. Importantly, there are a number of strategies that a firm can undertake to accomplish this efficiency in operations and revenue generations, yet the most basic and fundamental element of an organization to target for such achievements is through the firm’s process infrastructure. In particular, a firm generally facilitates operation through the development and implementation of specific processes, each with the goal of ...

Sher-Wood hockey stick manufactures is a Canadian company that started in response to the increase popularity of hockey in 1949. It was previously known as Sherwood-Drolet limited. The company has successfully been making high quality hockey sticks that for a long time have been attracting hockey players. Hockey started in the 19th and slowly spread to various parts of the world.it found its way to America in the 1980s. As the game continued gaining reputation, Sher-Wood manufactured the hockey sticks that were highly demanded and the company gained a large market share. The game became so widespread and actually acted as a source ...

Introduction

Operations is the component within an organization that entails the responsibilities pertaining to the production of goods and services with goods being the physical resources which comprise of raw materials and sub assembly components such as electronic sub-components. On the other hand services are defined as the activities that a combined provision of time and location among other factors. In this case the operation that function within a business can be assessed in a far reaching perspective that provides a collective success or failure of organizational operations in the functions that have an impact on the capability to understand the notions the compete ...

SECTION 1

Lenovo ltd has been provision of services since its inception in the 1984, quite a long time in the market place for a company to make an impact on its products. For any business offering products or services to customers, such a long a time, it must have a rollercoaster ride through different market forces like competition, internal conflicting goals o how to move the company forward amongst other crucial decisions determining the company’s future (Choi2010)

Like any other business, the company has to satisfy different stakeholders who have been involved in different aspects of moving the company towards achieving its long-term goals. ...

Introduction

Fiji Water Company has experienced several challenges especially in 2008. The company struggled in achieving a carbon reduction in its emission levels at its production plant. Further, there were carbon emission levels that were experienced in its transportation of products. This made it difficult for the company to convince the consumers and stakeholders of its dedication in reducing its carbon production. The company’s title as a leading company, in environmental concerns involving activities such as carbon footprint disclosure created doubts among its consumers and stakeholders alike.
The company has also faced environmental protests in several markets it has tried ...

Ford Motors is an American automobiles manufacturer. She is touted to be the world’s third largest automobiles manufacturer based on the number of units produced and the global sales records. The company is based in Michigan, close to Detroit in the United States. Ford Motor Company was founded by Henry Ford in 1903 following a brief stint as an engineer at Edison Illuminating Company. He produced a gas powered quadricycle under the aegis of his first automobile company; Detroit Automobile Co. The venture failed and he formed another named Henry Ford Co. The failure of Henry Ford Co, led to ...

This paper is devoted to determining the optimal plan of product of two shelves types, S and LX. It highlights which combination of shelves will allocate optimally the capacity available to help the organization maximize its total profits. Besides, it undertakes to carry out sensitivity analysis to help in understanding how total profits changes as selected inputs are changed, that is, the selling price and the material cost.

Executive summary

The problem of Shelby Shelving revolves around to determining the optimal plan of product of two shelves types, S and LX. It highlights which combination of shelves will allocate optimally the ...

On the basis of the case study, explain what is flexible manufacturing and how is it being used worldwide? Use your answer to explain one example of flexible manufacturing in the market.
Flexible manufacturing is primarily associated with the use of similar technology on different designs. Flexible manufacturing can be related to a modular design, modular manufacturing and maintenance; this concept requires a standardized format of production system which can be multi-skilled to create different products using the same concept, technology or equipments. Only the primary owner and the supplying partner are said to be engaged in a particular set of ...

Tesla is an auto company incorporated in July 2003. It was formed by Elon Musk and Marc Tarpenning. The company's aim is to utilize its powertrain and proprietary battery technologies to manufacture electric cars that would reduce the dependence on fuel. It produced and sold its first car in 2007. The period between 2008 and 2012 was a challenging period for the company with losses totaling to $943.5 million. In 2013, the company turned around and saw its global revenues increase to $2.0 billion. The stock market price rose from $34 in January 2013 to $250 by March 2014. ...

Question one

Applichem was a chemical production firm specializing in the production of specialized consumer products based on their demands and needs. It had production spread over four different plants in Europe and the America. The plants had similar leadership in in order to enhance smooth and uniformity in the production. Its major source of funding was the revenue they would register from the sale of their products especially Release-ease that was specially designed and customized for the consumers.

Question two

Before the survey was conducted, the company was registering several challenges with production for instance fluctuations in demand leading to lower and ...

Introduction

Managerial ethics requires that a proper management system should always aim at reducing the cost of production to maximize on their profits. This is the most possible way of enlarging on the profit margin, even though other companies would use other methods to increase on their profits. Linear programming model is a tool used in operation management to be able to maximize on production subject to certain constrains. In the case study; Nissan battery electric vehicle, we target to use these managerial models to determine on the achievable managerial targets by the company.

Discussion and calculation

Taking into consideration the production capacity for the ...

Toyota Motors is a Japan based automobile manufacturer. The company was founded in 1937 by Kiichiro Toyoda. The company has her headquarters in Aichi, Japan and is arguably the largest automobiles manufacturer globally according to production and sales. The company has in her employ about 320,808 people worldwide and is present in about 170 countries worldwide.

With these in mind, this paper seeks to analyze Toyota's strengths and weaknesses with a view to discovering if the weaknesses and identified strengths work for or against the company in taking advantage of the numerous opportunities that abound for her in the market ...

Product engineering process and supply chain

Product engineering process can be generally explained by the development chain which involves some decisions that a company has to make in the process of production of new products. For instance, the management of a company may need to either make a commodity that is needed in production or buy it. Some other factors that fall under the development chain are; product architecture, supplier involvement in the earlier stages of production, partnering contracting suppliers (Kenneth
2005).
Supply chain refers to the network formed by the companies involved in the production and distribution of a product from the time of manufacturing the ...

Introduction

This is a case of Terra Cog, a privately held company specializing in high-quality Global Positioning System (GPS) and fishing and other outdoor sports surveillance tools and equipment. The company is set to release a new product called Project Aerial or simply Aerial as it was referred to in their pre-launch meetings . The current case revolves around the Emma Richardson, the newly promoted executive vice president, and her dilemma on how she would be able to come up with a new product that would rival the leading GPS product in the market, Birds I by one of their strongest ...