Unit three Written Assignment Alicia Turner MT435-02 Operations Management Kaplan University Professor: J, Jackson April 09, 2012 Introduction Albatross Anchor is a company that is located in a small town. The company has been in business for over 30 years and has grown tremendously since the first day of their opening. Throughout the years the company has produced the same type of anchor and made changes to produce a better anchor with a higher quality. The company has been
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University February 17, 2014 Introduction Albatross Anchors is a family owned business that began in 1976 with four family members and has grown over the years now employing 130 people. The company’s facility is located on 12 acres of land and is comprised of only one building. This building includes the administrative offices, shipping and receiving, foundry, manufacturing and large machine area, and raw and finished products areas. Albatross Anchors manufactures two different types of anchors;
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competitiveness of a small family owned business, Albatross Anchors will be provided. In addition an analysis of two differing manufacturing process cost models will be included. Question One Based on the information presented in the scenario/case study discuss Albatross Anchor’s competitiveness in relation to (please address all items in the below list and provide support for your conclusions): 1. Cost a) Cost of Production: The cost of production for Albatross Anchors has two variables:
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scenario/case study discuss Albatross Anchor’s competitiveness in relation to (please address all items in the below list and provide support for your conclusions): 1. Cost a) Cost of Production: Cost of production is costs incurred by Albatross Anchor when manufacturing an anchor. The company can run into two different costs; variable and/or fixed costs. Variable costs depends on what’s needed to make the anchors. What is needed differs with how many anchors Albatross produces. Then there
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delves into Albatross Anchor; a small family owned company that produces both fresh and saltwater anchors. This company has grown over the years from 4 employees to 130; but has not shown growth in the operational side. Some of the challenges they face are lack of space and disorganization within the administration of the front office. This coupled with old, outdated technology and safety issues have hindered them in creating a larger profit margin. These issues must be addressed if Albatross Anchors
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Introduction This case deals mostly with the different types of operational challenges that Albatross Anchor is currently facing. The pricing is not a huge issue for the organization and it is able to sell its products at a consistent market rate; however it is unable to realize its full profit potential due to the presence of a lot of operational inefficiencies. It is clear that if the firm is able to overcome all of these challenges, it can make the same level of profits as that of other competitors
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outdated. At the same time the plant is not meeting US safety and environmental standards. So for this company to survive these issues need to be taken care. Question One Based on the information presented in the scenario/case study discuss Albatross Anchor’s competitiveness in relation to (please address all items in the below list and provide support for your conclusions): 1. Cost a) Cost of Production: The cost of manufacturing is $8.00 per pound for mushroom/bell anchors and $11.00
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Written Assignment Matthew Snyder MT435 Operations Management Kaplan University November 25, 2013 Introduction Hello Albatross Anchor and thank you for allowing us to come in to your place of business with the efforts to try and assist with your production process. KU Consulting will begin to determine what areas could use a revision in several different areas to make Albatross Anchor a profitable business. In order for us to assist you, we will make some recommendations of the business within your
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