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business
principles of operations
Questions and Answers of
Principles Of Operations
In what ways can JIT systems improve product quality?
Just-in-time has been characterized as a system whose primary goal is to eliminate waste. Discuss how waste can be introduced in (a) relationships with vendors,(b) receipt of material into the plant,
What problems can you foresee arising in the following situations?a. Top management is interested in reengineering to cut costs, but the employees are skeptical.b. Line workers would like to see a
In what ways might the following techniques be useful as part of a reengineering effort?• Computer-based simulation• Flowcharting• Project management techniques• Mathematical modeling•
What general features would you look for in a business process that would make that process a candidate for reengineering? Discuss a situation from your own experience in which it was clear that the
Consider the old maxim, “Build a better mousetrap and the world will beat a path to your door.’’ Discuss the meaning of this phrase in the context of time-based competition. In particular, is
What does “time-based competition” mean? Give an example of a product that you purchased that was introduced to the marketplace ahead of its competitors.
Studies have shown that the defect rates for many Japanese products are much lower than for their American-made counterparts. Speculate on the reasons for these differences.
What is an operational definition of quality? Is it possible for a 13-inch TV selling for $100 to be of superior quality to a 35-inch console selling for $1,800?
The North American Free Trade Agreement (NAFTA) was established in 1994 under the Clinton administration.a) What was the purpose of NAFTA?b) At the time, political opponents characterized “the big
Consider the Snapshot Application in this section concerning foreign automakers locating manufacturing facilities in the United States. Discuss the advantages and disadvantages of the strategy of
Krugman points out some misguided government programs that have resulted from too much emphasis on international competitiveness. What risks are there from too little emphasis on international
Paul Krugman argues that because most of our domestic product is consumed domestically, we should not dwell on international competition. What industries in the United States have been hardest hit by
What factor advantage favors the aluminum industry in the United States over Japan and makes aluminum much cheaper to produce here? (Hint: Aluminum production is very energy intensive. In what part
What are the four determinants of national advantage suggested by Porter? Give examples of companies that have thrived as a result of each of these factors.
What are the advantages and disadvantages of producing new products in existing facilities?
Discuss the pros and cons of trade barriers from the industry point of view and from the consumer point of view.
What are the different quality standards referred to in the example comparing the Honda Civic and the Ferrari?
Can you think of companies that have gone out of business because they focused only on cost and were not able to achieve a minimum quality standard?
What disadvantages do you see if the chief executive officer (CEO) is primarily concerned with short-term ROI?
Why is it undesirable for the United States to evolve into a service economy?
It takes approximately 2 weeks (14 days) for an order of steel bolts to arrive once the order has been placed. The demand for bolts is fairly constant; on the average, the manager, Michelle Wu, has
Cruising is a growth industry, expanding by 6% to 7% annually for the past 30 years. Recognizing this growth opportunity, Celebrity Cruises, Inc., has enlarged its offerings in the premium upscale
What factors affect region/community location decisions?
With thousands of employees spread across nearly 100 locations in the United States, Mexico, and Canada, building a committed and cohesive workforce is a challenge. Yet Alaska Airlines is making it
Based on the data in Table 11.10, you have been asked to determine:a) The company’s percentage of assets committed to inventory last year.b) The company’s percentage of assets committed to
Based on the data in Table 11.10 determine:a) How many weeks of finished goods were on hand at the end of last year.b) How many weeks of finished goods were on hand at the end of this year.
Sandwiched between mass-market cruise line players such as Carnival and Disney, and luxury cruise lines such as Crystal Cruises, Celebrity is making a name for itself in the “premium” market,
What factors affect region/community location decisions?
On any given day, Celebrity Cruises, Inc. has tens of thousands of passengers at sea on more than a dozen spectacular ships, spanning 7 continents and 75 countries. With this level of capital
Sroufe Manufacturing intends to increase capacity by overcoming a bottleneck operation by adding new equipment. Two vendors have presented proposals. The fixed costs for proposal A are $50,000, and
What is CPFR?
Define aggregate planning.
What are the disadvantages of ERP?
Your stockroom manager, Mehmet Altag, arrived at your desk just after you had completed the net requirements plan for product A (use data in Figure 14.14..15),exclaiming that the cycle counter
Heather Adams, using the data in problem 14.18, now wants a net material requirements plan for item F. Develop one for her. Data from in problem 14.18Heather Adams, production manager for a
Hartley Electronics, Inc., in Nashville, produces short runs of custom airwave scanners for the defense industry. The owner, Janet Hartley, has asked you to reduce inventory by introducing a kanban
What is level scheduling?
What is TPS?
What is JIT?
What is a due date?
Define work breakdown structure. How is it used?
Define time series.
Hokey Min’s Kleen Karpet cleaned 65 rugs in October, consuming the following resources:a) What is the labor productivity per dollar?b) What is the multifactor productivity? Labor: Solvent: Machine
What is time-based competition?
What is process strategy?
What is service blueprinting?
What is process redesign?
What is CIM?
What is additive manufacturing?
Discuss the advantages and disadvantages of 3D printing.
The plant manager, Murat Kristal, at York Technologies makes Aircraft Navigation Systems. He expects you, as the new OM analyst, to provide some insight for performance of the plant. High on his list
What is e-procurement?
Dan Bumblauskas is the owner of a small Iowa company that produces electric knives used to cut fabric. The annual demand is for 8,000 knives, and Dan produces the knives in batches. On average, Dan
Happy Pet, Inc., is a large pet store located in Long Beach Mall. Although the store specializes in dogs, it also sells fish, turtle, and bird supplies. The Everlast Leader, a leather lead for dogs,
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