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Subject: MGT4059 -Advanced Operations Management.zip
| ******** MGT4059 W1 A1 Discussion ********* Post a brief autobiography to the Discussion Area. Introduce yourself to the class and outline your reasons for taking the course, your career aspirations, and anything else you wish to share with the class. Your introduction should cover the following details:
********* MGT4059 W1 A2 Discussion ************ Supply chain integration is an important issue for companies seeking to improve supply chain performance (and thus organizational performance). Identify major supply chain risks and discuss how supply chain integration may help to mitigate those risks. ********* MGT4059 W1 A2 Discussion-4 ********* Compare and contrast traditional performance metrics such as efficiency and inventory turnover with the newer metrics such as C2C and perfect order fulfillment. Discuss whether the new metrics provide any advantage or any additional motivation to an organization that has been using them to measure its supply chain or organizational performance. ********** MGT4059 W1 A3 Value Chain and Consumer Value *********** Assignment 3: Value Chain and Consumer Value Research on the Internet (use Google or Yahoo) using the keywords "value chain and Michael Porter" and read one online article. Based on your research analysis, discuss the following:
**** ****** MGT4059 W1 A4 Supplier Selections ********* This Week: Supplier Selections You are given “domestic-only” evaluation criteria for supplier selections. You must decide how these criteria should change in order to evaluate suppliers not located in the United States and submit your recommendations in a memo. For this task, you will imagine your fictional company to be a competitor for a
These factors are equally weighted at 20 percent of the total criterion. A limited number of your component items are being considered for outsourcing. Preliminary work has identified suppliers in Mexico, China, Taiwan, and India that appear to meet the basic criteria to be an approved supplier. You have some analysis to perform to support this outsourcing effort. You must develop a new set of supplier evaluation criteria elements that include the most significant elements of global sourcing.
Create a two- to three-page memo in a Word document, providing your recommendations on the offshore supplier selection criteria and submit ************* MGT4059 W2 A1 Discussion ************ Discuss the risks and opportunities associated with inventory throughout the supply chain. How does a company balance the various tradeoffs related to inventory throughout the supply chain and still maintain a suitable customer service level? ******* MGT4059 W2 A2 Safety Stock Analysis ******** Assignment 2: Safety Stock Analysis Based on the following data, calculate the safety stock quantities and the inventory cost associated with safety stock (based on the item unit cost) for the inventory items at four different service levels (50%, 80%, 90%, and 95%). Develop a table to present the inventory quantities and the safety stock costs at each service level. (Note: All items are independent demand items.)
Submit your response in a Microsoft Excel worksheet with proper labeling for columns and all required calculations NOTE: Comment on the differences not provided. Scored 32/50 on this assignment. ******** MGT4059 W2 A3 ABC Inventory Analysis ****** Assignment 3: Final Project ABC Inventory Analysis This week, you need to classify inventory items and recommend ways to reduce the total inventory dollar investment for your company. Assume your company produces four different product lines. The total inventory on hand to support all four product lines is approximately $10 million. The following table contains the 25 inventory items for only one of those product lines. The total inventory for this product line is slightly more than $2.5 million.
Conduct an ABC inventory analysis for the 25 items in the table. Classify these 25 items into appropriate classes of A, B, or C. Use the ABC analysis to make general observations about the inventory and to develop possible ways to reduce the total inventory investment by 20 percent. (Note: The data for the other three product lines are very similar to the demand and cost patterns seen in this data.) Submit your ABC inventory analysis in an Excel worksheet with proper labeling for columns and all required calculations. In addition, write a two-page Word document recommending ways to reduce the total inventory dollar investment. Provide a rationale for your recommendations. ************ MGT4059 W3 A1 Discussion ********** Discussion-1 Demand influencing is one of the strategies associated with capacity planning. Similar strategies that are popular today include demand sensing and demand shaping. Do you think these strategies are more effective than forecasting? Provide a rationale for your answers. Discussion-2 Discuss some options other than back orders that companies may use to plan for the products that need to be produced. Describe a scenario (or environment) when different options would be preferred and describe a scenario where back orders would be preferred for planning. ********** MGT4059 W3 A2 Linear Programming ******* Assignment 2: Linear Programming: Production Problem LoTech Manufacturing produces four different products. Each product requires material, labor, and machine time. The optimal combination of the four products is limited by the constraints of availability for these three resources. The formulation of the linear programming production problem is: Maximize Z = 12x1 + 10x2 + 15x3 + 11x4 (objective function for profit) Subject to the following constraints: Material: 5x1 + 3x2 + 4x3 + 2x4 = 240 pounds Machine time: 6x1 + 8x2 + 2x3 + 3x4 = 240 hours Labor: 2x1 + 3x2 + 3x3 + 2x4 = 180 hours Nonnegativity: x1, x2, x3, x4 = 0 Where: x1 = quantity of Product 1 produced x2 = quantity of Product 2 produced x3 = quantity of Product 3 produced x4 = quantity of Product 4 produced Use Excel and Solver to find the optimal solution for the production problem. Click here to download instructions on how to install Solver in Excel. Include your interpretation of the results by stating: How many of each product will be produced? What is the profit for the optimal solution? Submit the solution for the production problem in an Excel worksheet with proper labeling for columns and all required calculations. Submit your interpretations in a one- to two-page Word document. ******* MGT4059 W3 A3 Improving the Planning Process ***** Assignment 3: Final Project Improving the Planning Process In this week, the scenario will specify an existing problem with the BOM that affects the aggregate plan and MRP. You need to evaluate the problem and propose a remedy for the problem. You are working in a printer manufacturing company. Currently your company produces six different configurations of a similar product (assume a printer that competes with Hewlett-Packard). Engineering changes occur on a frequent basis to correct quality or performance issues, and this means that a new part number and new item become part of the BOM. The new part replaces an old part that was causing the quality or performance problem. Engineering changes can be implemented at any time throughout the year as company policy stands today. This frequently results in production mistakes where old parts are used after the engineering change has been issued. In some instances, old parts and new parts have been used and shipped in the same order to distributors or retail customers. Develop a proposal plan for handling engineering changes in a more controlled manner so that the BOM problems mentioned above are eliminated and the planning process is improved. Present the proposal as a memo to your boss, Mr. Matt R. Plann, the director of material management. Submit your memo in a three- to five-page Word document ********* MGT4059 W4 A1 Discussion Question *********** Discussion-1 First-come, first-served (FCFS) is commonly used in service settings such as seating facility for customers arriving at a restaurant. Small manufacturing firms like an industrial job shop that produces tools such as drill bits and other metal cutting tools for other manufacturing companies use priority rules—earliest due date (EDD) or shortest processing time (SPT)—to produce their products in moderate-sized batches ranging from 100–200 pieces per batch. Discuss why FCFS can achieve acceptable results for a restaurant but may not provide an acceptable scheduling solution for a manufacturing firm. Justify your answers with appropriate reasoning.
The DBR approach can be used for controlling the flow of material through an entire process according to the TOC philosophy. Discuss whether the DBR approach could be used to replace priority rules described for short-term scheduling in most manufacturing companies. Justify your answers with supporting examples and appropriate reasoning. ******** MGT4059 W4 A2 ERP Business case ******** Assignment 2: ERP Business Case You work for a company that is operating with legacy information technology systems implemented 20 years ago. Software experts were expecting the Y2K software problem towards the turn of the century. Y2K is a common abbreviation for the year 2000 software problem, which was expected as a result of the practice of representing a year with two digits in early computer programming instead of four digits. You were fortunate that no problems occurred during Y2K, even though the company gambled and did not make any changes or updates to the systems and software at that time. The company has doubled in size (both number of employees and revenue generated) over that twenty year time period. The company desperately needs to upgrade the enterprise systems and software by implementing an You are required to conduct research of the marketing materials for at least two ERP providers, such as SAP, Oracle, SSA Global, or others and develop a brief business case (rationale or justification) for purchasing and implementing ERP at this time. ******* MGT4059 W4 A3 Technology Application ******* Assignment 3: Final Project Technology Application Your organization (use one of the two suggested in Week 1) is using supply management and demand management computer applications that are out of date. Several potential software applications such as S&OP, supply management, inventory management, and demand management are under consideration, and you need to make choices for inventory management and supply chain management. You are required to research the companies that provide software applications solutions. On the basis of your research, write a memo to senior management with your recommendations to further evaluate only two companies so as to select a software solution that supports supply chain management, inventory management, and sharing of production plans with suppliers. State your plan for how the two companies will be researched and evaluated in greater detail. (Note: You do not have to recommend one company—just discuss the evaluation and selection process.) Submit a memo in a Word document *********** MGT4059 W5 A1 Discussion **********
Reliability affects companies in two ways, through their products and through their production process equipment. From the customer’s perspective, discuss why product reliability is important to you. Then from the production manager’s perspective, discuss why process reliability is important for the company’s performance. Describe some of the ways to improve reliability in each of these areas. Justify your answers with supporting examples.
TPM and sort, straighten, shine, standardize, and sustain (5S) may seem to be out of place with other basic elements of the lean principles because they focus on maintenance and housekeeping respectively. Surely customers don’t see value in maintenance and housekeeping in the factory where products are made. Explain how maintenance and housekeeping do in fact help to accomplish the main objectives of lean production—delivering value to the customer through a flow system. ********* MGT4059 W5 A2 LEAN PROCESSING ******** Assignment 2: Final Project Lean Principles This week, you need to propose the use of lean principles for your company as if this is a completely new initiative. You are working in a manufacturing company that is plagued by many performance issues such as:
Submit a memo to your top management explaining:
*********** MGT4059 W5 A3 TPM and 5S ********** Assignment 3: Final Project TPM and 5S Your fictional company’s primary domestic manufacturing operation has traditionally given limited attention to the maintenance of their production equipment. Efforts are underway to implement lean production concepts. You plan to propose TPM and the 5S for workplace housekeeping and organization to improve the maintenance of the equipment. Create a five- to six-slide Microsoft PowerPoint presentation including your reasons for proposing the use of TPM and 5S and the method of implementing them in the company's current production process. The slides should be structured in the same format as a formal presentation, including relevant information using the note feature to incorporate presentation material not included on each slide. Submit your presentation |
