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What is the problem facing Medica Scientific s MS - 1 ?plant? Examine the data ( Excel file ) , ?the cash on hand and
What is the problem facing Medica Scientifics MS ?plant?
Examine the data Excel file ?the cash on hand and the orders accepted in the Custom Line. What conclusions can you draw from this data set?
Look at Exhibit ?in the case and supplementary data and examine the characteristics of the plant. Look at both the custom and the standard lines. What differentiates the Custom Line from the Standard Line? Carefully note those differences.
How do you go about calculating process capacity? Estimate current capacity for both production lines.
How is the raw material inventory managed? How would you determine an appropriate reorder point and ordering quantity for raw material inventory management?
As part of the newly formed managerial team recently appointed by the Board, what do you recommend to improve MS ?performance?
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