Question..1 See template below OSCM 5100 TERM PROJECT (Operations Management Decision Analysis) PROJECT BACKGROUND XYZ is a consultancy company that provides strategic management services to a wide range of customers in the lower mainland. Its service includes assessing the key decision areas in the business operations and recommend a long-term profitability solution for small/mid-sized businesses in the service and manufacturing sectors. You have just graduated from Kwantlen Polytechnic University and joined XYZ as a junior consultant. Your manager has contacted you and asked you to Prepare Operations Management Decisions Analysis Report for a small/mid-sized industrial firm. Examples may include but are not limited to pizza factory, carpentry shop, metal workshop, etc. SUMMARIZED TERM PROJECT PRESENTATION/REPORT The term project consists of the following stages: Stage 1 Term Project Approval: o select a suitable business,(Manufacturing) Due date: January 21, 2023 Stage 2 Term Project Presentation (5 Marks): A presentation that includes the following items: o Cover Page o Table of Contents o Executive Summary o Business Definition o Customer Definition o Problem Definition o Operations Management Decision Analysis o Decisions and Recommendations o References Stage 3: Term Project Report (10 Marks): A report that includes the following items: o Cover Page o Table of Contents o Executive Summary o Business Definition o Customer Definition o Problem Definition o Operations Management Decision Analysis o Decisions and Recommendations o References Due date: March 25, 2023 2 | P a g e DETAILED TERM PROJECT PRESENTATION/REPORT Cover Page (Title, date, students, instructor, course) Table of Contents (The report elements) Executive Summary (This is a one-page summary of the main elements) Business Definition 1. Business Background o Owner name, Initiation date, legal form (sole proprietorship, company, or corporation), main activities (product description) 2. Supply Chain Analysis o Suppliers, competitors, customers, supply chain diagram 3. SWOT Analysis o Strengths, weaknesses, opportunities, threats Customer Definition o A detailed description of the target market and customer needs Problem Definition o Statement, symptoms, root causes, consequences Operations Management Decision Analysis o Product Design BOM, Work order, quality dimensions, quality function deployment, assembly drawing, assembly chart, failure mode, and effect analysis o Process Design Process selection mechanism (process focus, repetitive focus, product focus, etc.), flow diagram (Materials/Information), process chart, value stream mapping, service blueprint, Poka Yoke o Capacity Design Materials handling equipment, Workstations, Human resources, Storage areas o Layout Strategies Fixed-position layout, process-oriented layout, product-oriented layout, others o Location Strategies Factors that affect the location, methods of evaluating location alternatives o Inventory Strategies (Optional) Fixed period model, production order quantity model, EOQ model, others o Supply Chain Management (Optional) Make or Buy decision Decisions & Recommendations Reference