That is, what is your response to the content, either positive or negative, and then defend your position. Readdress the concept and the experience with critical thought. The purpose of the Final Case is for you to culminate the learning achieved in the course by describing your understanding and application of knowledge in the field of operations management. It may include explanation and examples from previous events as well as implications for future applications. The paper should integrate Readings and Resources and class discussions into work and life experiences. The final case study should demonstrate understanding of the reading as well as the implications of new knowledge. In what ways could management keep track of job status and location during production?Ĭan you suggest any changes that might be beneficial to the company or add value for the customer? What are they? Which type(s) of production processing – job shop, batch, repetitive, or continuous – is the primary mode of operation? Explain. What is the trade-off between overtime costs and inventory costs? What are the costs of carrying excess items in inventory at each stage?Ĥ. How would reducing the minimum quantity of subassemblies help?ģ. What options are open to Coral to address this problem?Ģ. The cost of holding each subassembly in inventory is $0.75 per unit per week.ġ. It costs $0.25 per week to hold any of these parts over from one week to the next. Whenever part 3079 is made, there is no set-up time, but processing takes 0.03 hour per unit. There is not any on-hand inventory of part 3079, and there are no orders in process.Įd Szewczak earns $22 per hour and gets a 50% premium for any overtime work. Lead time for both these subassemblies is one week, and no inventory is expected to be on hand for either part at the beginning of week 1. In fact, an order for 1,000 of subassembly 435 is due to be received in week 1, as is an order for 1,000 of subassembly 257. To minimize change over time, Space Age has decided that these subassemblies should be made in minimum quantities of 1,000 at a time, although there is no problem with capacity on the equipment that makes them. However, both of the subassemblies are produced using the same equipment. Part 3079 may be produced in any quantity since the lathe that makes it is not used for anything else. One of part 3079 is used in each subassembly, and one of each subassembly is used in each of the final products. 257, which is used in the Saturn microwave stand.
Space age furniture company bus 644 tv#
435, which is used in the Gemini TV stand, and no. The part in question, 3079, is used in two different subassemblies: no. The master schedule for producing these two items for the next six weeks is shown below. Previously Space Age had estimated that it cost $1.25 per week to store each Gemini and $1.50 per week to store each Saturn that wasn’t shipped immediately. Instead, everything in the master schedule is being produced for customer orders, so all products are shipped almost immediately. In fact, Space Age carries no finished-goods inventory. Recently, Space Age began using an MRP system that has helped reduce inventories greatly and improve on-time deliveries. Coral wonders what can be done to alleviate this problem. Skilled machinists with Ed’s experience and employment record are extremely difficult to find. As Coral knows, Ed has been with the company a long time and is an excellent, reliable employee. However, due to the workload for producing part 3079, it has been necessary to schedule frequent overtime for him in order to finish the necessary parts on time.Ĭoral Snodgrass, operations manager for Space Age, has just heard from Ed’s foremen that Ed is becoming unhappy about so much overtime. At present, Ed works a regular 40-hour week. However, the machinist must be present (even if not actually attending the machine) any time one of the machines, including the lathe, is in operation. Once set up and started, the lathe can run nearly unattended. At present the machine is run by Ed Szewczak, a machinist who also operates other machines in Space Age’s shop. 3079) that requires machining on a special lathe used only for making that part. However, two of these products-the Saturn microwave stand and the Gemini TV stand-have a part (no. These products are made in various sizes and with various features, but all follow basically the same production and assembly operations.
Space age furniture company bus 644 portable#
The Space Age Furniture Company manufactures tables and cabinets to hold microwave ovens and portable televisions.