Statement of the Problem X-Opoly rapidly became a popular board game even though it replicated Monopoly’s concept. The owners had not expected the sales to increase so quickly. Therefore, X-Opoly’s assembly line was not properly set up to finish production of projects. Although, X-Opoly had become a success, they faced various problems. Employees are required to use their personal computers to complete company work, which limits access of designs throughout the company. This makes it difficult to transfer designs from one department to another. Also, the segregation of duties between departments is hectic, primarily in the printing and cutting departments. With the sudden increase in sales, X-Opoly appeared to be short staffed. This has hindered them from completing projects in a timely manner. The assembly line has too many procedures that are not labor efficient. Therefore, the owners must make so changes to improve and maintain the success of the company. …show more content…
No real thought was given for future growth when building the assembly line, causing bottlenecks. Additionally since orders may range from several hundred to several thousand units flexibility must be built into the production design. The nineteen stations used by X-Opoly do not give the ability to successfully produce both volume and variety. With such a wide range of production orders, both permanent and temporary production lines may be looked at for both lifecycle and process improvement. The service process includes the product design element for the customer. Since this can also take any were from hours to weeks it too must be addressed. This is part of the R&D stage and many variations are developed, prototyped, and analyzed. Possible
This game was an important tool on showing how a business must adapt to new situations and react to market changes. We learned how difficult it is to pick a strategy and implement it into the dynamic market.
In addition, on day 105, the reorder quantity was 13,200. This approach was effective as it increased the number of inventory kits available for production. In total, the company used $2,059,000 to increase its inventory levels. The increased inventory levels and the readjustments of reorder points enabled the factory to increase the number of jobs accepted each day as well as to reduce the number of jobs waiting for kits. In addition, there was a high number of kits queued at station one from day 80 which was accompanied by increased utilization of station one. Besides, we were able to reduce the lead time for all the orders and this enabled the company to increase its revenues.
In today’s operational management arena, there are certain expectations from a managerial aspect that must be met in order to be successful. A comprehensive look at the Space Age Furniture Company will show exactly what the Materials Requirement Planning (MRP) calculations are for this company at present time and then take the information given in order to properly suggest ways to improve the sub-assemblies. In addition, there will be an analysis on the trade-offs between the overtime and inventory costs. A calculation will be made on the new MRP that will improve the base MRP. This paper will also compare and contrast the types of production processing to include the job shop, batch, repetitive, or continuous, and determine which the primary mode of operation should be and exactly why. A detailed description on how management can keep track of the job status and location during production will also be addressed. Finally, there will be a recommendation on they type of changes that need to occur that will be beneficial to the company and at the same time add value to the customer. This paper will conclude with summary of the major points.
Market Analysis Product Design Product Design Selection Detailed Product Design Build Prototypes Field Test Prototypes Finalized Product Design Final Manufacturing Process Order Production Equipment Install Production Equipment Celebrate
As Adam Smith eloquently points out in his Wealth of Nations, the division of labor in the creation of a pin dramatically improves efficiency in that process; rather than one worker creating a pin from start to finish, ten workers divide the process of creating a pin and can produce, say, one-hundred times as many pins as the solo-worker would have been able to in the same amount of time (Smith 2). Adam Smith’s simple, yet profound observation on the drastic impacts of the division of labor was certainly a precursor to the development of an assembly-line method of manufacturing. According to Smith’s idea of the division of labor, a group of workers would work together to produce a final product with each worker performing a single task repetitively. This would minimize the lost time from switching from one task to the next and thus increase production
Toy World has been facing two basic issues, as follows. The first one is if it has to change to a monthly production level. The second area of concern is the financial arrangement with the bank. These two points are analyzed in detail here in this paper. Finally, I have suggested some recommendations for the issues that I have mentioned above.
The story of the goal’s book is about a plant manager of a manufacturing company whose name Alex Rogo. Alex has a bachelor degree in industrial engineering as well as a Master of business Admi...
The industry forces workers to toil long hours for minimum wage the adopted assembly line method, and has played a key role in keeping ...
Until recently, Ford Motor Company was in possession of most of the production and distribution of all materials and parts needed to produce cars. Ford Motor Company owned everything from steelworks needed for the frame of the car down to the rubber farms needed for the tires and hoses. Ford Motor Company even retained railways so that supplies and finished cars could be transported to their intended destination (Muthusamy, 2014). However, owning all the supplies in the world would be ineffective if the company was not capable of using its resources in the appropriate manner. For that reason, Ford Motor Company revolutionized the Industrial Era with its concept of the assembly line which would enable it to dominate its industry for a long
Materials go to the factory → products come out and go to customers → companies do consumer research → companies do design of product + service and re-design → then it will affects three parts 1) materials; 2) processes; 3) product. As a result, it will improve the process.
Throughout the history of modern civilization, there have been a number of inventions, contraptions, and processes to have made profound impacts on everyday life, and redefine the world, as we know it. With effective quality management, measures American industrialist and innovator Henry Ford used the assembly line to streamline the automotive manufacturing process and transform the American Industry. With the implementation of the assembly line in his manufacturing process Ford was able to offer the American consumer an affordable automobile, while at the same time cutting costs to his company, therefore maximizing his overall productiveness and profit while ensuring his customers’ needs were met.
One of the Xerox’s response strategies to solve the problem is engineering needed to develop new products and services to offer for their customers. This will increase the attraction of customers to buy and insist using their products. Development of new products and services time to time can be said that they are a lifeblood of all businesses. The main reason to develop new ideas and offering to their customers is competitive between company and other competitors. Both of them are just want to re-emphasize their products and services are better than competitors and provide greater benefits to customers. Company also need to improve its sales and increase its product portfolio so that the customers can choose the product from portfolio. For instance, Xerox announced a new service is retail focused-service which is helping to reduce the costs and stocking delays, improve fill rates, enhance cash flow, reduce printing and give more time to vendor to spend with their customers (8 April,
Client(s) may be in the first stage of our design thinking sequences (Archer, 1984, p. 67), and then the designer job is to explore what is the problem, what do we want, what do they need: to produce a design to meet the requirements. The initial design problem presented to the designer may be poorly and incompletely described (McDonnell, 1997, p. 45...
...he organization. The output of the design group’s efforts is detailed drawing and other specifications, which assist the succeeding groups for effective usage of the raw materials into a finished product. This information is also important for the product
The XYZ Corporation was established in 2004 and their main office is located in Vancouver, BC. The company’s main objective is to create new innovating technology for media devices, computers, and digital music players. They deal with the design, manufacturing and marketing of the products. XYZ Corporation has been providing Canadians with groundbreaking technology throughout the years and continues to create new technology to provide others with top-level technology. Although, recently their success rate has appeared to drop rapidly due to a number of factors that will be explored throughout this case study. Their main objective is to target the problems so that they can work towards having the issues resolved as quickly as possible. If they do not take any course of action, the state of the company may be in extreme danger. This case study is designed to explore the areas of the company and discover the problems blocking the XYZ Corporation from success.