...Statement of the Problem/Key Strategic Issue Illustrious Corporation is a small assembly shop for the X500 product. Nancy Barfield, the production planner has been preparing the operating plan for the next 10 weeks. The first component for X500 is the H590 which they purchase from other local company but are then returned to the supplier due to the number of defective units hence, the production of P712 will be delayed since P712 is just a tapped H590. The production of other components is dependent to H590 hence the assembly of X500 will also be behind schedule. The problem is that in the current MRP, the purchasing or materials procurement plans are not synchronized with the master production schedule. II. Statement of the Objectives * To determine the dependent and independent demands included in the assembly of X500 * To work through a basic materials requirement plan (MRP) * To understand the managerial inputs for and implications of building and using an MRP system III. Relevant Case Facts/Findings Illustrious Corporation: Company Background * Assembly shop for the X500 product * A single X500 requires 7 components in 4 assembly levels * Independent demands: * H590 – bought from other local company * G418 – bought from other supplier * F416 – bought in kit form * Dependent demands: * P712 – tapped H590 * Q307 – formed by attaching P712 & G418 * L600 – formed by attaching H590...
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...Manpower Planning Manpower planning is a process by which the management ensures the right number and the right kind of people are at the right place and are doing the desired things(for which they are best suited) for the achievement of organisational objectives. It is the process of developing and determining objectives, policies of procurement in relation to manpower. It requires forecasting manpower needs and planning of activities to fulfil those forecast needs. . It involves anticipating the present and future requirements of the number and quality of work force in the organisation. It has two main aspects:- Quantitative Aspect It involves determination of the number of personnel required by the organisation. The number of employees is determined on the basis of work-load analysis and work-force analysis. Work-load analysis is based on production and sales budgets, time study and work scheduling. Work-force analysis is an analysis of the present manpower and its future potential. Qualitative Aspect It is concerned with the determination of the type of manpower required. The quality of manpower depends upon the requirements of the job, which in turn can be determined with the help of job analysis. Job analysis is a detailed and systematic study of the job to find out the nature and qualifications of the people required for efficient performance of the job. Job analysis reveals the tasks which constitute the job, the skills and knowledge required for the successful...
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...Materials Requirements Planning (MRP) Material requirements planning (MRP) is a computer-based inventory management system designed to assist production managers in scheduling and placing orders for dependent demand items. Dependent demand items are components of finished goods—such as raw materials, component parts, and subassemblies—for which the amount of inventory needed depends on the level of production of the final product. For example, in a plant that manufactured bicycles, dependent demand inventory items might include aluminum, tires, seats, and derailleurs. The first MRP systems of inventory management evolved in the 1940s and 1950s. They used mainframe computers to explode information from a bill of materials for a certain finished product into a production and purchasing plan for components. Before long, MRP was expanded to include information feedback loops so that production personnel could change and update the inputs into the system as needed. The next generation of MRP, known as manufacturing resources planning or MRP II, also incorporated marketing, finance, accounting, engineering, and human resources aspects into the planning process. A related concept that expands on MRP is enterprise resources planning (ERP), which uses computer technology to link the various functional areas across an entire business enterprise. MRP works backward from a production plan for finished goods to develop requirements for components and raw materials. "MRP begins with...
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...4th International DAAAM Conference INDUSTRIAL ENGINEERING – INNOVATION AS COMPETITIVE EDGE FOR SME 29-30TH April 2004, Tallinn, Estonia MRP SYSTEMS RESEARCH Eduard Shevtchenko Tallinn Technical University Institute of Machinery. Ehitajate tee 5, EE0026 Tallinn, Estonia e-mail: eduard.shevtshenko@ttu.ee ABSTRACT Paper will give the analysis of theoretical MRP base and “Monitor” and “Scala” software efficiency analysis in the solution of “resource planning management” problems. The aim is to find out what are the original features of every solution on the way to profit maximisation at manufacturing enterprise. Paper will show what are the results of software implementation at the manufacturing enterprise compared to the period of work without software. Estimation of the efficiency of the “Scala” and “Monitor” software starts from the preparation of manufacturing process stage, and stretched up to financial results achieved. In this paper results achieved throw planning activities will be compared with real results. Analyses of manufacturing problems solutions throw software installed: using of work centre loading simulation possibilities for the optimisation of present and future manufacturing capacity; pre-calculation for future products; rating of subcontractors; EOQ calculation; delivery performance analysis; optimisation of inventory; supply chain management. Theoretical MRP base analysis gives the estimation of final profit sensitivity to different input data. This...
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...Strategic Planning of BMW's Global Production Network Author(s): Bernhard Fleischmann, Sonja Ferber and Peter Henrich Source: Interfaces, Vol. 36, No. 3 (May - Jun., 2006), pp. 194-208 Published by: INFORMS Stable URL: http://www.jstor.org/stable/20141389 . Accessed: 23/12/2013 16:01 Your use of the JSTOR archive indicates your acceptance of the Terms & Conditions of Use, available at . http://www.jstor.org/page/info/about/policies/terms.jsp . JSTOR is a not-for-profit service that helps scholars, researchers, and students discover, use, and build upon a wide range of content in a trusted digital archive. We use information technology and tools to increase productivity and facilitate new forms of scholarship. For more information about JSTOR, please contact support@jstor.org. . INFORMS is collaborating with JSTOR to digitize, preserve and extend access to Interfaces. http://www.jstor.org This content downloaded from 195.229.156.147 on Mon, 23 Dec 2013 16:01:50 PM All use subject to JSTOR Terms and Conditions Interfaces Vol. 36, No. infjffiHJL 2006, pp. 194-208 DOI i0.l287/inte.l050.0187 ISSN 0092-21021 EissN 1526-551X1061360310194 @ 2006 INFORMS 3, May-June Strategic Planning Production Bernhard and Logistics, Germany, of BMW's Network Fleischmann University of Augsburg, Global of Production Department D-86135 Augsburg, Universit?tsstra?e 16, bernhard.fleischmann@wiwi.uni-augsburg.de BMW AG, D-80788 Sonja...
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...in their stock in order to meet the customer demand, however, its on-time deliveries average only 93% due to an insufficient number of completed fan units. Riordan stocks all the necessary raw materials needed to assemble the electrical fans readily available in their manufacturing plant except for the fan motors, which are fulfilled by an outside supplier. Therefore, Riordan Management is asking why meeting the demand is inconsistent with the current fan motor supplier as manifested by their 93% on-time delivery and claim the company's on-time delivery to increase with new a supplier. In this business research project, Team C will investigate and examine the validity of Riordan Management's claim. Formulation of the Research Problem Managerial decision-making is very crucial in the long-term success and failure of organizations, which ultimately influences a great deal of individuals in both microeconomic and macroeconomic senses. The successes of industry leaders such as Apple, Google, and Amazon and failures of Enron, AIG, as well as the financial meltdown of the 2008 can all be attributed to managerial decision-making that affected many on a global scale. The effectiveness of the managerial decision-making relies heavily on business researches or relevant information available as a guide at the time of decision-making. According to Cooper and Schindler (2011), business research is a process of planning, obtaining, analyzing, and in turn distributing the relevant data, information...
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...Devry GSCM 330 Complete Course-Latest 2015 December (All Discussisons All Quizes And All Lab Homework But No Final) IF You Want To Purchase A+ Work then Click The Link Below For Instant Down Load http://www.hwspeed.com/Devry-GSCM-330-Complete-Course-Latest-2015-December-2234123463.htm?categoryId=-1 IF You Face Any Problem Then E Mail Us At JOHNMATE1122@GMAIL.COM Question week 1 Master Planning (graded) How does master planning affect the overall organization? Why is this a necessary part of the overall management process of an organization? Planning Horizons (graded) What are time horizons as used in the corporate planning process? How do these horizons affect our forecasting processes? let’s first considertime horizons as used in the corporate planning process. What are these horizons and how do they affect our forecasting processes? week 2 Which forecast error measuring tool is the best? (graded) Of the four error tracking tools we have learned about in our assigned textbook reading (MAD, MSE, MAPE and seasonality), which method provides the best way to track forecast error? Give examples. Is it possible to forecast seasonal products without removing the seasonal variations? (graded) We calculate a seasonal index in order to remove the seasonal component before creating a forecast. Is it possible to remove this step and create a forecast with the seasonal variation still in place? Why or why not? Explain. whether it...
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...LECTURE 1: INTRODUCTION TO INVENTORY MANAGEMENT 1. Introduction 2. Objectives 3. The Concepts of Inventory and Inventory Management 4. Need for Inventory 5. Importance of Inventory Management 6. Scope of Inventory Management 7. Inventory Costs 8. Summary 9. References LECTURE 2: INVENTORY CONTROL SYSTEMS 2.1 Introduction 2.2 objectives 2.3 Fixed Quantity System 2.31 Advantages 2.32 Disadvantages 2.4 Fixed Time System 2.41 Advantages 2.42 Disadvantages 2.5 Hybrid Systems 2.6 Summary LECTURE 3: DEMAND FORECASTING I 3.1 Introduction 3.2 objectives 3.3 meaning of demand forecasting 3.4 Qualitative Judgmental Techniques 3.31 Delphi Method 3.32 Market Survey 3.33 Historical Analogy 3.5 Quantitative methods 3.51 Causal Methods 3.5.1.1 High-Low Method Advantages Disadvantages 3.5.1.2 Visual Fit Method Advantages Disadvantages 3.5.1.3 Simple Regression Analysis Derivation of the Normal Equations Derivation of the Ordinary Least Squares Equation 3.52 Time Series Analysis 3.5.2.1 Components of a time Series 5.32 Naïve method 5.321 Advantages 5.322 Disadvantages 5.33 General Moving Averages 5.331 Advantages 5.332 Disadvantages 5.34 Exponential Smoothing 5.341 Advantages 5.342 Disadvantages Summary LECTURE 4: DEMAND FORECASTING II...
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...BACKGROUND In This Case Study Background Challenge Solution Results Lessons Learned Next Steps PDF Version [pic] How Cisco IT Upgraded Its ERP Manufacturing and Finance Modules (PDF - 255 KB) Don’t fix it if it’s not broken - especially if you are talking about an extensive enterprise software foundation, right? Not necessarily. In the case of the Oracle software environment, Cisco® management teams decided that it was time to upgrade even though the Oracle 10.7 software was still getting the job done. IT, operations, and executive teams all concurred that this vital component of the company’s IT infrastructure needed to be modernized. While there would be clear benefits from an upgrade to Oracle 11i, the main decision drivers were the need to move away from an outdated platform that was becoming cost-prohibitive for supporting Cisco’s growth and evolving business requirements. In particular, any future development of enterprise solutions would be compromised if developed on a less-than-current Oracle platform. “Remaining competitive on a global scale often comes down to our ability to efficiently respond to changing operations, to work with new partners and suppliers, and to make sure that our employees have fast access to the latest productivity-enhancing technology and decision-making tools. Having an integrated, modern platform allows us to more rapidly respond to changing business requirements and to improve partner productivity and customer satisfaction...
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...PRODUCTION PLANNING AND CONTROL Assignment A Marks 10 Answer all questions. 1. a) Explain the forecasting process? What are the techniques for monitoring forecasts? b) Explain various forecasting models. a) A planning tool that helps management in its attempts to cope with the uncertainty of the future, relying mainly on data from the past and present and analysis of trends. Forecasting starts with certain assumptions based on the management's experience, knowledge, and judgment. Qualitative & Quantitative techniques are the two techniques used for monitoring forecasts. b) There are two types of forecasting models which are : Time Series Models Causal Models or Associative Models 2. a) What is aggregate production plan? What are the pure strategies for APP? a) Aggregate production planning refers to the process of deciding the overall quantities of products to be manufactured or produced in a plant or other manufacturing facility during a medium term planning period such as a month, or a quarter. The aggregate plan output consist of the total quantities of each product or a group of product to be manufactured in the plan period of going into details of scheduling of different manufacturing activities required to achieve the planned production levels. The aggregate production will also not specify details such as the dates when material ordered against individual customer...
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...They contain definitions, descriptions, discussions, links to relevant on-line documents and web sites. Read about other Issues. | | * Introduction * Land based pollution sources and their environmental impacts * Sewage * Oil hydrocarbons * Sediments * Nutrients * Pesticides * Solid waste and marine debris * Toxic substances * Planning and management of environmental pollution * CEP and land based sources of pollution * Pollution related CEP reports * Links to pollution related websites | INTRODUCTION | The major sources of coastal and marine pollution originating from the land vary from country to country. The nature and intensity of development activities, the size of the human population, the state and type of industry and agriculture are but a few of the factors contributing to each country’s unique pollution problems. Pollution is discharged either directly into to the sea, or enters the coastal waters through rivers and by atmospheric deposition. In order to mitigate and control the impact of pollution on coastal and marine resources, it is essential that the type and load of pollutants be identified. This involves determination of the sources and their location, and the volume and concentration of the pollutants. Point sources of pollution are sources that can be identified to one location, such as industrial and sewage treatment plants. Point sources, though easy to identify, account only for a fraction of the land-based sources...
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...MANPOWER PLANNING Personnel management is productive exploitation of manpower resources. This is also termed as ‘Manpower Management’. Manpower Management is choosing the proper type of people as and when required. It also takes into account the upgrading in existing people. Manpower Management starts with manpower planning. Every manager in an organization is a personnel man, dealing with people. Manpower planning is an important development in human resources management. It has spread rapidly to nearly every size organization in almost every kind of business. The primary function of Manpower planning is to analyze and evaluate the human resources available in the organization, and to determine how to obtain the kinds of manpower needed to staff positions ranging from assembly line workers to chief executives. Smaller companies put Manpower planning in the human resource or manpower department. Some of the largest corporations have established separate departments for this function. Definition of manpower Planning: Planning is nothing but using the available assets for the effective implementation of the production plans. After the preparing the plans, people are grouped together to achieve organizational objectives. Planning is concerned with coordinating, motivating and controlling of the various activities within the organization. Time required for acquiring the material, capital and machinery should be taken into account. Manager has to reasonably predict future...
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...CHAPTER I THE PROBLEM AND ITS BACKGROUND Introduction Education plays a central role in national life and in all sectors of the economy. It produces the teachers at all levels, the bureaucrats of all positions, the professional in various services and the executives and technical workers in industry. Definitely, the quality of education depends on the performance of the teachers, teaching materials, educational planning, and committed educational administrators to produce quality graduates. Generally, educational institution is composed of school, teachers, curriculum, and the students. Each aspect is working side by side to support the other aspects accurately. School plays a significant role in the educative process. It is considered as an instrument to reshape community and build a good society and to produce quality people by means of shaping the learner’s attitude and behavior. It is the school that fulfills the social responsibility of preparing the individual for the future by (a) fitting him in the society that he lives in (adjective function) and (b) enabling him to use his knowledge and creative powers to improve this society (constructive function). Curriculum represents a set of desired goals or values that is activated through a development process and culminates in successful learning experiences for students (Wiles & Bondi, 2007). The curriculum also defines the specific knowledge, behavior, and attitudes needed to create a healthy and educational environment...
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...Introduction O’NEAL Steel Inc. is the largest, privately owned, family-run metals service business in the industry, established in 1921. The company has yearly revenue of around $3 billion dollars, and has 83 facilities that spread across 10 countries. They specialize in metals processing from gas, laser, and plasma cutting to full-blown machine center operations, metal forming, machine welding, and sub-assembly in a manufacturing cell or job shop environment. They also distribute a number of products, with little or no value added. The hybrid of a job shop and distributorship is an awkward combination and adds a large amount of complexity within the firm, as the business models of the two are classically quite dissimilar. There are a number of outputs that O’NEAL manufactures that are recognizable or at least of some casual interest. They create the casings and instrument mounts for JDAMs, Joint Direct Attack Munitions, which convert traditional bombs into the smart variety. They also create the uprights and frames for the HID lighting that the Department of Transportation uses when working on the highways, bridges, and streets, after nightfall and large chassis parts of fork trucks, bucket loaders, and other heavy construction equipment. There are two plants located in Greensboro. They are officially referred to as Greensboro 1 and Greensboro 2, but are internally referred to as G1 and G2. G1 was a plant built to O’NEAL’s specifications in 1989 off...
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...PRODUCTION MANAGEMENT 1. Define production: According to Elwood Butta “production is a process by which goods or services are created”. Production involves the step by step convertion of one form of material into another through chemical or mechanical process with a view to enhance the utility of the product or services. 2. Characteristics features of production system? 1. Production is an organized activity. 2. The system transforms the various inputs into useful outputs. 3. Production system does not operate in isolation from the other organizational systems. 4. There exists a feed back about the activities which is essential to control and improve system proformation. 3. Define production management: “Production management deals with the decision making related to production process of that the resulting goods and service is produced according to specifications in the amounts and at the scheduled demanded and at minimum cost” – Elwood Butta. 4. What are the difference between production management and operation management? 1. 2. 3. 4. 5. Production mgmt It is concerned with manufacturing Out put is tangible In this, job useless labour and more equipment There is no customer participation 1. 2. 3. 4. Operation mgmt It is concerned with services Output is intangible In this, job use more labour and less equipment Frequent customer participation What are the functions of production mgmt? 1. Production planning 2. Production control 1 3. Factory building 4. Provision...
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