The purpose of this discussion exercise is to provide you with a forum to discuss your newly
Question:
The purpose of this discussion exercise is to provide you with a forum to discuss your newly discovered production and operations management concepts considering current issues and real business situations. This is a practice ground for ensuring that your reasoning and foundation of these concepts are secure. This portion of the course requires you to interact with your fellow classmates and critique their submissions.
Note that all these topics refer to the Operations function of a business, to manufacture a product or create a service. We all know that these topics may be used in other business functions, such as in marketing or finance, but for the discussions in this course, please focus on Operations examples and articles.
Directions
Select one of these concepts:
- How the Aggregate Operations Plan combines required materials, capacity, and staffing.
- Inputs and application of the different Production Planning Strategies: Chase strategy, level strategy, Stable workforce
- Aggregate planning techniques that minimize the costs of operations.
- Application of Materials Requirement Planning methods as a manufacturing scheduling tool
- Use of Bills of Materials and Lot Sizing in MRP systems
Then find a current event in an article from the resources below to illustrate that concept:
- Library Resources
- Wall Street Journal at wsj.comLinks to an external site.
- Industry Week Links to an external site.
- Global Manufacturing Links to an external site.
Analysis Post:
After reviewing and analyzing at least one of the current events articles, compose an analysis of that event or situation using the unit operations concept that you selected. Note: Remember to focus upon your selected operations concept in your analysis.
Management Accounting
ISBN: 9780730369387
4th Edition
Authors: Leslie G. Eldenburg, Albie Brooks, Judy Oliver, Gillian Vesty, Rodney Dormer, Vijaya Murthy, Nick Pawsey