Ask Operation Management Expert

BACKGROUND INFORMATION

For this milestone, the goal is for you to continue your analysis from Milestones One and Two and to forecast various operational parameters for your chosen phone option utilizing various process improvement techniques. You will be revising the forecast from Milestone Two to show how it would change (potentially) by applying some process improvement techniques. There are numerous forecasting tools and techniques available. However, for this project you will only use the naïve, moving average, and exponential smoothing (technique). Don't forget to include any assumptions you made during your analysis, as this will be important to decision makers reviewing your documentation.

This activity addresses the following Module Outcomes:

Determine if an operation is operating in accordance with Lean principles. (CO#1, CO#2, CO#3, CO#6)

Evaluate various quality and statistical process control variables and tools. (CO#1, CO#2, CO#3, CO#6)

PROMPT

Often times as part of a Process Improvement Plan, several statistical process control Lean processes will be utilized to support the development of the recommendation(s).

TASKS

Using the phone option you recommended in Milestone One and the analyses you conducted in Milestone Two, complete the following:

1. Statistical process control analysis of manufacturing process steps from three years of date using the Historical Data sheet along with the Raw Data Year 1 sheet in the project Excel file. You should determine or create upper control and lower control limits (process mean plus or minus some percentage) to evaluate process control of each manufacturing step.

2. A Lean process evaluation.

3. Provide recommendations for process improvements, including a three-year forecast (using the same format as Milestone 2) of expected production efficiency gains. You can make an assumption that purchase intent survey data may change as a result of these process improvements.

For those assignments that are not written essays and require uploading images or PowerPoint slides, please follow uploading guidelines provided by your instructor.

APA style and REFERENCES.

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92767624
  • Price:- $65

Priced at Now at $65, Verified Solution

Have any Question?


Related Questions in Operation Management

Conflictdefine functional versus dysfunctional conflict in

Conflict Define functional versus dysfunctional conflict in a work group and explain how you can increase functional conflict and decrease dysfunctional conflict. Develop a response that includes examples and evidence to ...

For this assignment you will need to find 2 articles in

For this assignment, you will need to find 2 articles in business that can help describe what are IT strategic initiative being undertaken by an organization are like. Choose a different organization for each of the arti ...

Coping with problems joe is a little nervous he has just

Coping With Problems Joe is a little nervous. He has just been transferred from another plant to take over a production line. Production is down and there is a serious problem with absenteeism. To make matters worse, the ...

Over 30 years ago michael porter identified a holistic

Over 30 years ago Michael Porter identified a holistic approach to understanding how competitive forces shape strategy. He posited that the only way to truly insulate an organization from underlying economic volatility i ...

You are the contracting officer for an air-to-ground

You are the contracting officer for an air-to-ground missile development program. A contract for pre-production models of the missile was awarded by your predecessor and the contractor is behind schedule. In a program me ...

The ikea case provides an excellent opportunity to apply

The IKEA case provides an excellent opportunity to apply strategic management concepts to a large privately-held company that is expanding into India. IKEA is a Netherlands-based Swedish company with a presence in 44 cou ...

Can you answer for me the following questions about social

Can you answer for me the following questions about social loafing and the three main causes of free-riding. 1. Give a description of the phenomenon of social loafing. 2. Give a description of the phenomenon of free-ridi ...

1 analyzing the bridgestonefirestone and ford motor company

1. Analyzing the Bridgestone/Firestone and Ford motor company, is it sufficient to use the ISO/QS 9000 standards as the main basis of vendor/product selection? 2. What position to these cars company ( 1. Volkswagen, 2. F ...

Research the effect of primary and secondary seat belt laws

Research the effect of primary and secondary seat belt laws on the occurrence of motor-vehicle injuries and fatalities. Explain how epidemiologic studies influenced the development of current seat belt laws. Describe how ...

Please provide a brief paragrap of the key takaways from

Please provide a brief paragrap of the key takaways from each of the following topics: Designing Clear Visuals in business reports Designing Successful Documents and Websites Writing Winning Proposals

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As