BUS 5116 Operations Management-terms of inventory management

BUS 5116 Operations Management-terms of inventory management

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BUS 5116 Operations Management

Task:

Questions: Following the market estimation and other decisions made in Part I, provide a detailed answer and justification to each of the following questions:

1. What considerations in terms of planning and control (time horizon, planning policy, market requirements, activity scheduling and expediting) are relevant for the product or service?

2. What elections in terms of inventory management (centralization level, classification, models and implementation) do you consider most

appropriate for the product or service?

3. What considerations in terms of capacity management (measure demand; measure capacity; reconcile demand and capacity, and evaluate alternatives) do you consider relevant given your product or service?

4. What future capital and technology investments in production infrastructure for business growth and development are relevant to your chosen product or service?

5. What product or service has the team chosen?

6. What is the estimated size of the market/customer base for your product/service market and

7. what are the customer drivers (order winning and qualifying factors)?

8. What type of manufacturing or service process do you consider most appropriate?

9. What type of layout do you consider most appropriate?

10. What location do you consider adequate for the facilities where the product or service is performed?

11. What process technologies do you consider adequate for your product/service

12. What elements of the design process do you think are more relevant given your product/service?

13. What elements do you consider important to the design of the job and work required to manufacture your product or offer your service?

BUS 5116 Operations Management

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