Productivity is a key factor in the cost of goods and services. Increases in productivity can become a competitive advantage.
Productivity is a key factor in the cost of goods and services. Increases in productivity can become a competitive advantage. Select two retailers (e.g., Verizon and AT&T) or a certain product (e.g., cell phones) and state different ways they compete. Discuss ways a company can gain a competitive advantage by having higher productivity than its competitors have. Add how monopolies compare and give real-life examples.
DQ2 Product/Service Design [WLOs: 1, 2] [CLOs: 1, 3]. 1st Post Due by Day 3. Although there are some basic similarities between product design and service design, there are also many differences between the two. Identify some key issues that influence design. Identify and describe some key factors that cause organizations to redesign their products or services.
BUS446 Production Operations Control
Week 2 Discussion
DQ1 Decision Theory [WLOs: 1] [CLOs: 1, 2]. 1st Post Due by Day 3. Prior to beginning work on this discussion, review sections 5S.6 through 5S.8 of the text. Also, watch this video Using Decision Trees for Risk Analysis.Using the diagram below, in your initial post:
Determine the course of action that has the highest expected monetary value (EMV) for the tree diagram.
Discuss the tree diagram and how you determined your specific course of action.
Determine chance probabilities and respective payoffs for the branches on the right-hand side.
Using the fold-back method from the video, determine the expected monetary value (EMV) of each
alternative and discuss the best final decision.
Guided Response: Respond to at least two of your fellow students’ posts in a substantive manner and provide recommendations to extend their thinking. Do you agree with course of action selected by your peer to arrive at the highest EMV? Why or why not? Support your position by explaining your results and thought process, providing any tips, shortcuts, and/or resources that prove helpful. Properly cite any references. You are encouraged to post your required replies earlier in the week to promote more meaningful and interactive discourse in this discussion forum. Continue to monitor the discussion forum until 5:00 p.m. (Mountain Time) on Day 7, and respond with robust dialogue to anyone who replies to your initial post.
DQ2 Operations Improvements [WLOs: 2, 3] [CLOs: 1, 2, 3]. Group Report Post Due by Day 5. Individual Reflection Response Due by Day 7. Prior to beginning work on this discussion, review Chapter 7 in your textbook. This will be a group work discussion in two parts: 1) a team report project, and 2) an individual public reflection response based on your review of the team reports. You will need to complete both parts to get full points for the forum.
Part I: Group Report
You are a manager of a Healthy Hots franchise in your region. Healthy Hots is a national fast-food restaurant chain that offers heart-healthy food. The company is experiencing several difficulties with operations and you and the other franchise managers in your region have been tasked by the president of the company to put together a report that outlines how you would recommend assessing the problems being faced and what the company’s next steps might be.
Here are the identified issues: Although customers like the idea of heart-healthy foods, and surveys indicate that customers find the food to be tasty and appealing, business has fallen off in recent weeks. At this point, none of the company’s restaurants are making a profit. Customers have complained about slow service and employee turnover is high.
The president has requested a short three-section report that outlines the underlying issues, the techniques that should be used to assess the problems, and what actionable data you believe these techniques will provide you and the company that will help to solve these issues. Each member of your team will complete one of the three required sections: Underlying Causes, Techniques and Rationale, and Actionable Data. (Each section should be 250-300 words.)
Underlying Causes
Determine some of the possible underlying causes for the issues that have been identified.
Explain how these underlying causes could escalate over time if not addressed.
o Prioritizetheissuesintermsofseverityofoutcomeandprovidearationaleforyourreasoning.
Techniques and Rationale
• Identify the techniques described in your textbook that would be the most effective in providing solutions to the underlying causes identified by the team.
• Explain how these techniques could be applied to improve operations.
BUS446 Production Operations Control
Week 3 Discussion
DQ1 Lot Sizing [WLOs: 1] [CLOs: 1, 3]. 1st Post Due by Day 3. Choosing manufacturing methods include many factors such as the demand, processes, costs, time, etc. What is lot sizing, what is its goal, and why is it an issue with lumpy demand? Demonstrate applicable knowledge by using a real product in examples.
Guided Response: Respond to at least two of your fellow students’ posts in a substantive manner and provide recommendations to extend their thinking. Support your position by using information from the week’s readings, or examples from current events and/or other scholarly or credible resources. Refer to the Scholarly, Peer- Reviewed, and Other Credible Sources document for guidance. Properly cite any references. You are encouraged to post your required replies earlier in the week to promote more meaningful and interactive discourse in this discussion forum. Continue to monitor the discussion forum until 5:00 p.m. (Mountain Time) on Day 7, and respond with robust dialogue to anyone who replies to your initial post.
DQ2 Push/Pull [WLOs: 1] [CLOs: 1, 3, 5] 1st Post Due by Day 3. Different areas of a supply chain need to use different applications for inventory control. Using real life examples, contrast push and pull methods of moving goods and materials through production systems. Identify the pros and cons of both systems.
Guided Response: Respond to at least two of your fellow students’ posts in a substantive manner and provide recommendations to extend their thinking. Support your position by using information from the week’s readings, or examples from current events and/or other scholarly or credible resources. Refer to the Scholarly, Peer- Reviewed, and Other Credible Sources document for guidance. Properly cite any references. You are encouraged to post your required replies earlier in the week to promote more meaningful and interactive discourse in this
discussion forum. Continue to monitor the discussion forum until 5:00 p.m. (Mountain Time) on Day 7, and respond with robust dialogue to anyone who replies to your initial post.
BUS446 Production Operations Control
Week 4 Discussion
DQ1 Location/Transportation Trends [WLOs: 1] [CLOs: 1, 2, 4, 5]. 1st Post Due by Day 3. Many businesses are emphasizing or are adopting trends such as “Greening” the supply chain, reevaluating outsourcing, integrating IT, and so on. Identify an organization and describe recent trends in possible future strategies and/or trends in location.
DQ2 Radio Frequency Identification (RFID) [WLOs: 1] [CLOs: 1, 2, 4, 5]. 1st Post Due by Day 3. Effective supply chains involve trust, communication, a rapid, two-way flow of information, visibility, and event-response capability. Discuss the importance of RFID for supply chain management. Identify some ways RFID can reduce waste and/or make the supply chain more effective.
BUS446 Production Operations Control
Week 5 Discussion
DQ1 Critical Path Method (CPM) [WLOs: 1] [CLOs: 1, 2]. 1st Post Due by Day 3. CPM is an important way for managers to plan and coordinate large scale projects. What is the difference between program and evaluation review technique (PERT) and CPM? What are some key advantages of using CPM? What are some limitations? Find a company’s project and CPM or PERT, and summarize the project from the organization’s perspective.
DQ2 Line Balancing [WLOs: 2] [CLOs: 1, 2, 3, 5]. 1st Post Due by Day 3. Find the solutions and answer the two questions below for the following scenario: A small candy shop is preparing for the holiday season. The owner must decide how many bags of deluxe mix and how many bags of standard mix of Peanut/Raisin Delite to put up.The deluxe mix has 2⁄3 pound raisins and 1⁄3 pound peanuts, and the standard mix has 1⁄2 pound raisins and 1⁄2pound peanuts per bag. The shop has 90 pounds of raisins and 60 pounds of peanuts to work with.
Peanuts cost $.60 per pound and raisins cost $1.50 per pound. The deluxe mix will sell for $2.90 for a one-pound bag, and the standard mix will sell for $2.55 for a one-pound bag. The owner estimates that no more than 110 bags of one type can be sold. If the goal is to maximize profits, how many bags of each type should be prepared? What is the expected profit? Discuss how you found your answers.
BUS446 Production Operations Control
Week 1 Assignment
Forecasting [WLOs: 3] [CLOs: 1, 2,]. Due by Day 7. Using the appropriate tools (e.g., formulas, Excel, etc.), answer the three questions below. Show all work. Calculations and answers to questions can be on the same document. APA formatting is not required.
A pharmacist has been monitoring sales of a certain over-the-counter pain reliever. Daily sales during the last 15 days were:
Day
Number Sold
1
36
2
38
3
42
4
44
5
48
6
49
7
50
8
49
9
52
10
48
11
52
12
55
13
54
14
56
15
57
Justify your selection of either a linear trend equation or trend-adjusted exponential smoothing to predict future sales.
If you learn that on some days the store ran out of the specific pain reliever, would that knowledge cause you any concern? Explain.
Assume that the data refer to demand rather than sales. Using trend-adjusted smoothing with an initial forecast of 50 for day 8, an initial trend estimate of 2, and α = β = .3, develop forecasts for days 9 through 16. What is the Mean Squared Error (MSE) for the eight forecasts for which there are actual data?
BUS446 Production Operations Control
Week 2 Assignment
Line Balancing [WLOs: 2, 3] [CLOs: 1, 2, 3,]. Due by Day 7. Assume a producer of Inkjet Printers is planning to add a new line of printers, and you have been asked to balance the process given the task times and precedence relationships in the chart below. Assume that cycle time is to be the minimum possible. In five slides or less (not including title or reference slides), present your strategy and results using a PowerPoint presentation. Use the Notes area to type any portion that will be spoken as the audio portion.
You may wish to include visual enhancements in your presentation. Students may wish to use the Where to Get Free (and legal) Images guide for assistance with accessing freely available public domain and/or Creative Commons licensed images. It is recommended that you access Garr Reynolds’ Top Ten Slide Tips and Simple Rules for Better PowerPoint Presentations web pages that provide useful assistance with creating successful PowerPoint presentations.
BUS446 Production Operations Control
Week 3 Assignment
Inventory [WLOs: 1] [CLOs: 1, 2]. Due by Day 7. Using the appropriate tools and given information (e.g., formulas, Excel, etc.) complete the parts for the two problems below. The answers can be included in the same document as the calculations. APA formatting is not required.
3A – The following table contains figures on the monthly volume and unit costs for a random sample of 16 items from a list of 2,000 inventory items at a health care facility.
• Develop an A-B-C classification for these items.
Item
Unit Cost
Usage
Item
page27image46363968 page27image46359744
Unit Cost
Usage
K34
$10
200
F99
$20
60
K35
25
600
D45
page27image46329088 page27image46460544
10
550
K36
36
150
D48
12
90
M10
16
25
D52
page27image52995152page27image52996048
15
110
page27image52991792page27image46487936page27image52993024page27image46488896
M20
20
80
D57
40
120
Z45
80
200
N08
page27image46496576 page27image46497536
30
40
F14
20
300
P05
16
500
F95
30
800
P09
page27image46415424page27image53001088
10
30
page27image53002096
• Given the monthly usages in the following table, classify the items in A, B, and C categories according to dollar usage.
BUS446 Production Operations Control
Week 4 Assignment
Sequencing [WLOs: 2] [CLOs: 1, 3, 5]. Due by Day 7. Using the information presented in the following table, identify the processing sequence that would result using (a) first come, first served (FCFS), (b) shortest processing time (SPT), (c) earliest due date (EDD), and (d) critical ratio (CR). For each method, determine (a) average job flow time, (b) average job tardiness, and (c) average number of jobs in the system. Jobs are listed in order of arrival. (Hint: First determine the total job time for each job by computing the total processing time for the job and then adding in the setup time. All times and due dates are in hours.)
BUS446 Production Operations Control
Week 5 Assignment
Final Paper [CLOs: 1, 2, 3, 4, 5]. Due by Day 7. Select a company with which you are familiar, preferably one where you have been employed, and consider a process within that company that could be improved. This could be a business process, a manufacturing process, or a service process that you have observed or been involved with.
Using your textbook and library research, prepare a recommended process improvement proposal that incorporates tools and methods learned in this course. Some considerations should include the way work is organized (e.g., project, job shop, batch, assembly, etc.), variability and capacity planning, quality versus price, technology, capacity, and trade-offs. Some examples that could be implemented include, but are not limited to, location considerations, RFID use, objective and/or subjective forecasting methods, expected monetary value (EMV), inventory management, and line balancing.
Your proposal should include
A brief description of the company and how the selected process fits into the overall framework of the company.
A step-by-step description of the current process, identifying inefficiencies.
A detailed plan for improving and benchmarking operations among competitors to be more efficient, using appropriate tools and methods learned throughout the course, including a description of how the tools and methods will be applied.
An explanation of possible roadblocks in implementing the process changes.
A description of the expected benefits of the improved process.
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