Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Reflection Paper for The Goal: A process of ongoing improvement (Goldratt) Your assignment is to write a reflection paper on The Goal: a process of

Reflection Paper for The Goal: A process of ongoing improvement (Goldratt)

Your assignment is to write a reflection paper on The Goal: a process of continuous improvement by Eliyahu Goldratt. A reflection paper asks for your views and feelings about the topic. It is not simply a regurgitation of facts from the book. In this reflection paper, I ask that you consider the following three questions. Note that I am looking for your interpretation of what you learned in reading the book.

Say we have identified the bottleneck machine of a production process. List at least four things suggested in the book that will result in a greater throughput without actually expanding the physical capacity of the machine.Say you have a plant producing a single product that passes through several machines. The industrial engineer suggests that it would be a good idea to make all machines have the same capacity. That way when demand exceeds the capacity, all the machines can run at 100% efficiency. What would Jonah say about this?

You are the manager of a manufacturing plant. The plant is having trouble making a profit, deliveries are always late, customers are dissatisfied, and the workers in the plant are upset and are threatening a strike. Your boss will close the plant if you don't do a lot better by cutting costs and increasing sales. Besides that, your spouse may divorce you and your children are failing in school. Your staff has come up with the following action plans. Comment on the advisability of each plan in terms of Throughput, Inventory and Operating Expense. I want more than a direction of change. I want a reason for the change.

The plant supervisor suggests that you should tell each worker that a minute of pay means a minute of work. Make spot checks on the plant floor and if a person is idle his or her pay will be reduced.

The process engineer suggests that you find the most labor-intensive operation that the plant performs. Reduce costs by automating the operation.

The purchasing manager suggests that you reduce costs by cutting inventory to the bone. Don't order raw materials until the last possible minute.

The marketing manager suggests that you increase sales by reducing the prices charged for your products.

The facilities manager suggests that you reduce costs by eliminating excess capacity of the production facilities. All departments in the plant should have the same capacity.

Your spouse suggests that you embezzle company funds and run away to Brazil so that you can devote some quality time to the family.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting What the Numbers Mean

Authors: David Marshall, Wayne McManus, Daniel Viele

12th edition

007802529X, 1259969525, 978-1260565492

More Books

Students also viewed these Accounting questions

Question

Which telepsychology is being used for which disorder?

Answered: 1 week ago