Category: Business

Begin your post with the label: Unit 4: Facility Design. Research the following topics related to Facility Design: Capacity Economy of Scale Layout Cycle time FMS Unit 4: Facility Design   Capacity Capacity refers to the maximum output rate or level of a facility or organization. It indicates the maximum units that can be optimally produced given the available resource. Capacity planning is often conducted in order to determine the optimal output rate in a certain facility. Capacity can be divided in two categories namely: design capacity and effective capacity. Design capacity shows the output rate in ideal conditions while the effective capacity shows the maximum output rates under normal or realistic conditions. Economy of Scale This refers to the cost advantages that organizations may gain as they increase in size or as their scale of production increases. In most cases, the cost per unit of goods produced falls as the scale increases. The reason for this is that the organization’s fixed costs remain relatively the same with...

Research the following topics related to Service Design: Specification Blueprint Queue Goods Phases Product Design Specification generally refers to production requirements. Specification stands for operational or technical requirements that that may either be internal or external (Baxter, 1995). Specification can also be defined as requirements that ought to be satisfied by design, material, or final product. Product specification is related to meeting of requirements that related to design, material, and product. Specification may also relate to the technical standards of a product. The core purpose of a design specification is to anticipate problems or issues that may cause a product to fail and to establish critical design targets that could avert such a failure. A product’s success is determined by four critical things which include: whether the product will sell, whether it will work as expected, when it can be made, and lastly whether it complies with outlined legal obligations. Blueprint Blueprint in service design gives a critical look at individuals and their service...

Instructions Research the following topics related to Lean Systems: JIT Lean Production Kanban Kaizen Poka-yoke Lean Systems   JIT Just-in-time (JIT) is a management philosophy whose origins can be traced to Japan in the 1970s. JIT philosophy establishes six crucial aspects to consider in the manufacturing process. The six aspects are important in improving efficiency and effectiveness in the production process and include: having the right items, having the items at the right quality, right quantity, right place and right time (Cheng, Podolsky, & Jarvis, 1996). The use of the management philosophy is attributed to improved production process. The major areas of improvement include: improved communication, productivity, reduction in costs & wastes, high quality products, and efficiency in production process. JIT philosophy has certain unique characteristics that enables businesses achieve the aforementioned improvements. First, the management philosophy calls for demand driven production. Second, it advocates for the least possible time lapse between receipt of materials, processing, and moving the products to consumers. Third, it ensures...

Instructions Examine the business concepts of quality management and lean systems: Quality Management 1. Dimensions of Quality 2. Cost of Quality 3. Six Sigma 4. ISO 5. Quality tools Lean Systems 1. JIT 2. Lean Production 3. Kanban 4. Kaizen 5. Poka-yoke Quality Management and Lean Systems Paper Dimensions of quality There are a total of eight dimensions of quality which are employed in quality management. The first dimension of quality is performance. Performance concerns the primary operating characteristics of a particular product. The second dimension is features. This refers to the extra characteristics of a product that add to its appeal. The third dimension is known as reliability which refers to dependability of the product in terms of performance. Conformance is the fourth dimension of quality. This refers to the degree to which the product meets outlined standards. The fifth dimension durability which relates to the product life. Serviceability is the next dimension which refers to several aspects of product maintenance. The seventh dimension is aesthetics which refers to the kind of feelings the product...

Cardigan History Date: To: From: [Your Name] Re: Business Formation of Potential Cardigan Home Store There are a number of forms of business units that one can start operating their business. Some business organizations can be formed by one person, a group of people or even by the government .They have various features as well as advantages and disadvantages. This paper shall discuss the sole proprietorship, partnership and corporations form of business units. The sole proprietorship is a business enterprise owned by one person who is referred to as a sole proprietor .They are the most common forms of business units. This is due to the fact that they are easy to start and the owner enjoys profits alone. However, the sole proprietor suffers the losses alone (Kelly, 2012). Its advantages are; it is easier to form since there are fewer legal formalities required to start up the business. The sole proprietor is not required to submit business tax report which saves them from additional costs on...

Global Operations Management/MGMT415      Apple Inc. is a multinational company that concentrates operations in the manufacture of a variety of technology products. The company is headquartered in California, U.S.A. Its product line can be divided in three major categories namely consumer electronics, online services and software applications. The hardware segment includes products such as personal computers, smartphones, smartwatch, iPods, and tablets. In the software segment, the company prides has developed iOS operating systems, OS X, iTunes media software, iLife, and among others. Apple Inc. delivers a number of online services such as iTunes Store, App Store, iCloud, Mac App Store, and among others. Apple has the largest revenue base compared with other information technology companies worldwide. It is also the largest in terms of the assets held. The company delivers its products and services worldwide, making it suitable for evaluation in this study. Components of Apple’s supply chain             Apple Inc. has one of the best supply chain strategies which has earned...

Contract Law   Camille failed to give the traditional 25% down payment. Following the production of the entire units required, Camille refused to buy the sweaters and hats. In this case scenario, Sonya may seek a legal alternative against Camille. Basing on the Contract Act of 1872, there was contract between Camille and Sonya of producing 500 sweaters and hats. The basic tenets of a contract were observed by both parties. These include offer, acceptance and consideration. From the case, an offer was made when Camille gave a direct order to Sonya to produce the sweaters and hats. Both parties agreed to the terms and conditions of the contract whereby Sonya would make 500 sweaters and hats and sell them to Sonya at $ 100 each which indicates acceptance of the contract. Offer and acceptance indicates that there was mutual assent to the contract. However, what lacked in the contract was a down payment whereby Camille forgot to give the traditional...

Motivation and Job Satisfaction Definition of motivation and job satisfaction theories The need theories were put forward by David McClelland. The theories attempt to rationalize how the need for achievement, affiliation and power impact the actions and behavior of individuals especially in management positions. McClelland’s theory stipulates that individuals are motivated by any of the three aforementioned factors regardless of their age, culture, or gender.  In the need for achievement, people prefer working on moderately difficult tasks, are more apt towards the result of their efforts and prefer to obtain feedback about their performance. The need for affiliation drives people to establish and maintain social relationships or identify with particular groups. Lastly, the need for power drives people to control or influence others. Individual differences as a field in psychology examine the differences and similarities in people’s feelings, thinking and behavior. Individual differences strive to explain how people are similar psychologically and also how they vary in terms of their psychological characteristics. The...

Leader Traits and Effectiveness Jeffery R. Immelt is the current CEO and chairman of the board of General Electric, an American based conglomerate. He is responsible for implementation of the company’s short term and long term strategies with the aim of increasing shareholder value. Specifically, he is responsible for developing appropriate strategies that can increase the company’s future prospects. As the chief executive officer, his role also involves making day-to-day management decisions. The CEO acts as the liaison between the top management and the Board. He also provides the Board with official communication from the management. The CEO is also charged with providing official communication to all relevant stakeholders such as the public, employees, shareholders, investors and government authorities. The CEO is also responsible for ensuring that the company maintains corporate citizenship and also social responsibility towards the community. Lastly, his role also involves putting internal and external controls or checks that ensure the company operates within its legal mandate. Read more: ...

Leadership Evaluation Provide a summary and overview of the form A performance appraisal form is used to evaluate the performance, personality, strength and weaknesses, and the potential of the staff of a given organization. Leadership performance appraisal forms provide the management with a simple way to analyze and communicate employee performance and depending on the outcomes provide a guideline for improvement. Emory University maintains performance appraisal forms for all employees. The forms are used to obtain performance feedback from employees and to outline performance objectives. Employees’ performance is rated on a scale of five. The ratings are outlined as: exceptional, commendable, solid performer, needs improvement, and unacceptable. The ratings are based on whether an employee meets set departmental targets and the consistency of doing so. Employees receiving aggregate ratings of “needs improvement” or “unacceptable” are given a performance improvement plan which is meant to improve their productivity. A number of performance factors are used to rate the employees. Work result is the fast...